綠色BN
2014-09-09

Retail News Roundup – September 9

The top 5 retail news clips in Asia this week.
Newspaper
1 – Walmart to take over Carrefour stores in Delhi, Jaipur, Agra
US retail chain Walmart will replace three of the wholesale stores set up by French group Carrefour in India with its own, sources said. Carrefour had in July announced it was exiting the India market. It has only a small team left in the country, to conclude the commercial and regulatory transactions. All senior officials, including the then India managing director, Jean-Noel Bironneau, have returned to France.
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2 – Vietnamese consumers’ purchasing power edges higher
The purchasing power of Vietnamese residents increased slightly in the first eight months of 2014, following an increase in the purchase of goods and services. Officials of the General Statistics Office (GSO) attributed the slight increase to a 0.25 percent increase in the total retail sales value of goods and services in the first seven months of the year.
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3 – Starbucks expanding store formats, digital payment platform
The Starbucks Coffee Company is expanding its store formats and will be launching a new express store platform that will debut in New York in early 2015. The Starbucks Reserve Roastery and Tasting Room will provide an interactive coffee roasting experience and coffee education, as well as a retail space that would allow it to expand its small-lot sourcing program.
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4 – Uniqlo launches Malaysian online store
Japanese clothing brand Uniqlo is to launch an e-commerce service in Malaysia. As part of the launch on September 15, Uniqlo will conduct online-only promotions, including special deals for Uniqlo Electronic Direct Mailers, E-newsletter subscribers and Uniqlo mobile app users.
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5 – Laura Ashley eyes China, India
British lifestyle retailer Laura Ashley plans to enter China and India. Laura Ashley is in talks with potential franchisees to open shops in China and India within 12 months. 
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 By Chris Hubbard 
   Market Strategy

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