Wellcome Archives - Inside Retail Asia
Dairy Farm Group has warned shareholders that its restructure will take five years to complete.
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.
Dairy Farm sales were described as “flat” in the third quarter to September 30.
Retail analyst examines why the Philippines scores positive in the Asian retailing industry..
Feeling the bite from a stronger yen, Hong Kong snack chain 759 Store will shut down at least 15 outlets this year.
Weak performances in Singapore and Indonesia eroded underlying profits in multinational retailer Dairy Farm Group’s food division last year.
Wellcome Hong Kong says it has been wrongly accused of selling Chinese fruit linked to a case of Hepatitis.
Taiwanese supermarket chain Pxmart is to open 300 new stores over the next five years.
The retailer has recruited the former manager of 7-Eleven, Xu Zhong-ren, as its new CEO to spearhead the expansion.
Pxmart has expanded vigorously in previous years, increasing its store count to 700. It has out-performed local chains Wellcome and Matsusei and is putting pressure on other retailers like RT-Mart and Carrefour.
RT-Mart said it is not bothered by Pxmart’s planned expansion and recent CEO…
Rustan’s to end the year with 15 new stores.