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HERO eyes bigger expansion in Indonesia  
Indonesia’s leading retailer, PT Hero Supermarket (HERO) aims to further expand its operations this year while also continuing to improve cost efficiency measures in the ...
 
FM Logistics setup base in Vietnam to expand its operation in Asia  
FM Logistic Corporate SAS has established its base in Vietnam to expand its business operation in the Asian region and support France’s leading retail group, ...
 
Aggressive battle in Vietnamese milk tea business  
Vietnam’s milk tea market is growing more competitive with the entry of new players and opening of more franchised stores to capture consumer dollars. This ...
 
Fiorgelato to expand to ASEAN market  
Milkin Corporation, the company behind home-grown Italian gelato and cafes under the name Fiorgelato and Fior Café is set to expand outside the Philippines after ...
 
Tesco to refurbish its Fresh Food section in 56 stores  
Ek-Chai Distribution System, the operator of Tesco Lotus hypermarket in Thailand, plans to renovate the fresh food section at 56 of its Tesco stores over ...
 
ThaiBev’s subsidiary acquires 76% stake in Spice of Asia  
Food of Asia Co., Ltd., a wholly-owned subsidiary of Thai Beverage Public Company limited (ThaiBev), has acquired a 76% stake in Spice of Asia Co., ...
 
Emart to export its own Peacock food brand to Hong Kong  
South Korea’s retailer, Emart is bringing its own packaged food brand, Peacock overseas.
The retailer has recently signed a deal with supermarket chain Wellcome to sell ...
 
3 ITALIANI chose HK as its first store location in Asia  
Three Italian entrepreneurs have officially opened 3 ITALIANI store in Hong Kong, vowing to bring authentic Italian gelato, chocolate and espresso to Asia.
The 2,000 ...
 
Carrefour to move into smaller format stores in China  
In the past, Carrefour has to cope with poor retail sales and performance in the China market, and it hopes with the new strategy of ...
 
Alibaba to open more Hema supermarkets across China  
Alibaba Group Holding Ltd.'s supermarket chain, Hema has opened 7 new outlets and 3 revamped stores in the Chinese cities of Shanghai, Beijing, Shenzhen, Hangzhou ...
 
Ajinomoto AGF to launch e-commerce for Coffee Products in China  
Ajinomoto AGF, a subsidiary of Japanese food giant Ajinomoto, is planning to break into the massive Chinese e-commerce market for local coffee lovers.
The Tokyo-based company ...
 
Korean retailers turning to ASEAN region amid challenging China market  
South Korean retailers are now shifting their focus to the ASEAN region after they faced major setback in China due to the latter’s economic retaliation ...
 
Nestle acquires Blue Bottle to challenge Starbucks dominance  
US-based Blue Bottle, established in 2002, has built its reputation on hand-drip premium coffee which costs more than US$10 a cup. It’s a favorite of ...
 
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