Wellcome Archives - Inside Retail Asia

Dairy Farm sells Wellcome Taiwan to Carrefour

Hong Kong-headquartered Dairy Farm is to sell its Wellcome Taiwan grocery retail business to Carrefour, with settlement due later this year.

Apple and Levi’s follow Starbucks, Ikea with China store closures

Apple and Levi’s joined the growing list of international retailers shuttering stores in Mainland China as the infection rate and death toll from the coronavirus continued to grow over the weekend.

Hong Kong retailers shutter stores as protest intensity heightens

With public transport being disrupted almost daily for the last week or more, retailers are closing stores not just because of protests but because to ensure the welfare of their staff.

Dairy Farm sales rise in four business divisions

Dairy Farm International has reported like-for-like sales growth in four of its five operating divisions in the first quarter.

Dairy Farm Group CEO says restructure will take five years

Dairy Farm Group has warned shareholders that its restructure will take five years to complete.

Dairy Farm Group profit takes a hit from restructure

Dairy Farm Group profit fell to just US$92 million last year as the company took charges relating to the restructure of its ailing food business.

Flat quarter for Dairy Farm sales

Dairy Farm sales were described as “flat” in the third quarter to September 30.

Golden Digital retail complex put on market

The three-storey Golden Digital retail complex in Sham Shui Po has been put up for sale with an asking price of HK$900 million.

Android Pay lands at 5000 outlets

Another digital wallet service has landed in Hong Kong, with Android Pay following three months after the launch of Apple Pay.

Philippines: the rising star of Asian retailing

Retail analyst examines why the Philippines scores positive in the Asian retailing industry..

Yen strength bites 759 Store profits

Feeling the bite from a stronger yen, Hong Kong snack chain 759 Store will shut down at least 15 outlets this year.

Singapore, Indonesia drag Dairy Farm Group food division

Weak performances in Singapore and Indonesia eroded underlying profits in multinational retailer Dairy Farm Group’s food division last year.