Tesco, Big C, Dairy Farm, Japanese Supermarkets Keen On Carrefour SE Asia Assets

billv — Sun, 11 Jul 2010 11:29:36 +0000

Wall Street Journal JULY 6, 2010

SINGAPORE (Dow Jones)--Leading supermarket chains are interested in the assets of French hypermarket Carrefour SA in Singapore, Thailand and Malaysia, two people with direct knowledge of the deal said Tuesday.

CARREFOUR Indonesia launches SME product showcase

billv — Tue, 01 Jun 2010 10:16:21 +0000

Planet Retail 1 Jun 2010

Carrefour Indonesia has launched a programme in its hypermarkets that will offer customers a range of products made by small and medium-scale enterprises (SMEs), a company official said. About 140 SMEs joined Carrefour's first bazaar in Jakarta and sold various products, including food, garments, herbal medicine, handicrafts and furniture. The bazaar is running from 31 May to 6 June, said a company official. Carrefour's second bazaar will start in Palembang, South Sumatra, on 7 June. The company will stage week-long bazaars in the parking lots of all its outlets in Indonesia.

Thailand's modern grocery at a crossroads

billv — Wed, 24 Feb 2010 10:59:07 +0000

McKinsey, February 2010

Thailand's modern grocery sector - composed primarily of hypermarket, "cash and carry," and convenience store formats - continues to grow, but market saturation, changing consumer behaviors, and new regulations will intensify the battle for share of wallet across all channels.

TESCO Malaysia signs contracts with local companies

billv — Thu, 20 Aug 2009 11:34:50 +0000

Planet Retail 20 Aug 2009

Tesco Malaysia has signed contracts with 43 new small and medium enterprises (SME) suppliers as part of the company's strategy to source more products from local manufacturers. As a result, over 70% of the 60,000 products sold in Tesco Malaysia are now being produced locally, according to CEO Chris Bush. In addition to signing up SME suppliers that have met Tesco's criteria, more than 150 other local suppliers have been invited to meet with Tesco buyers during a business matching session.

TESCO to continue investing in Asia

billv — Mon, 13 Jul 2009 10:28:26 +0000

Planet Retail 13 Jul 2009

Tesco will continue to invest in Asia despite the global economic downturn. "We had terrific success and we are the biggest retailer in Asia. It is important for us to expand as there are still huge opportunities in Asia, including China and Japan," said Andrew Higginson, Tesco's CEO of Retailing Services. Higginson said that Tesco plans to spend GBP3.6 billion (USD5.11 billion) this year on capital expenditure to support growth around the world, of which slightly more than half will go to the Asian markets.

CARREFOUR Indonesia under Business Competition Commission scrutiny

billv — Tue, 26 May 2009 10:13:25 +0000

Planet Retail 26 May 2009

In addition to being accused monopolistic trading tendencies by the Business Competition Supervisory Commission in Indonesia, Carrefour's trading terms with suppliers is now under scrutiny. Trading terms between Carrefour and its suppliers will be subject to analysis in the next stage of the Commission's investigation. Carrefour refused to comment on the additional violation charges announced by the business commission.

TESCO Lotus signs deal with Thai Ministry of Commerce to buy more local produce

billv — Wed, 01 Apr 2009 11:29:57 +0000

Planet Retail 31 Mar 2009

Tesco Lotus has signed a deal with Thailand's Ministry of Commerce to purchase 180,000 tonnes of Thai fruit and vegetables valued at THB2.5 billion (USD70.4 million) in 2009. According to company Chairman, Sunthorn Arunanondchai, the purchase represents a 30% increase in volume compared to last year. Under the agreement, Tesco Lotus will also promote sales of Thai branded goods in and outside the country. The move follows a pledge by Sir Terry Leahy, Tesco Chief Executive to the Thai Prime Minister Abhisit Vejjajiva during his visit to London this month.

VIETNAM'S HCMC to reduce markets

billv — Thu, 19 Feb 2009 12:45:36 +0000

Planet Retail 18 Feb 2009

Local reports state that Ho Chi Minh City's (HCMC) People's Committee will no longer allow new markets to open in the city centre, while also reducing the number of open-air markets between now and 2015. The policy is an attempt to increase the popularity and development of modern grocery formats, particularly supermarkets and hypermarkets, in the city.

Farmers need assistance to access markets

billv — Fri, 14 Nov 2008 14:00:01 +0000

The Jakarta Post 14 Nov 08. By Anton Muhajir, Contributor, Denpasar

The market changes faster than people's mindsets. This is particularly true in the agriculture sector, where many farmers still see themselves as commodity producers and not businessmen. There is a growing need for them to collaborate with different actors to link into the financial services and modern markets.

The issue was discussed at the "Inclusion of Small Producers in the Value Chain: From Field Evidence to Action", a workshop jointly organized by Belgium-based Vredeseilanden (VECO), United Kingdom-based International Institute for the Environment and Development (IIED), and Netherlands-based Cordaid.

CP ALL boss recommends retail clusters in Thailand

billv — Mon, 01 Sep 2008 09:37:53 +0000

Planet Retail 1 Sep 2008

In order to survive, traditional mom-and-pop shops should form clusters to increase their bargaining power according to Piyawat Titasattavorakul, managing director of CP All in Thailand. They should also enhance the efficiency of store management and exchange information with other retail operators and related government agencies to keep abreast with consumer trends. ''These will help them reduce operating costs and risks and enjoy sustainable growth. Finally, they can survive even as the retail market is dominated by giant players,'' he told a recent retail seminar.