Asia news & analysis

05 July 2013
Seven & I Holdings has posted a 9.5% rise in first-quarter profits helped by improved consumer spending in Japan. Continued growth in convenience Both Seven-Eleven Japan and 7-Eleven Inc. continue to deliver strong growth with operating income up 2.7% on last year, the fastest growing segment in the Group . Existing convenience store sales in Japan were up 0.9% in Q1 as a result of s...
03 July 2013
As Walmart unveils plans to open more Sam’s Club stores in China, we update on how this important part of Walmart plans to grow. Building on a successful format in China Andrew Miles, chief operating officer for Sam’s Club in China , has said that the retailer will open seven more of its membership-only cash and carry stores in China over the next 2-3 years.  This move will expand i...
27 June 2013
Three stories from Asia highlight the continued expansion of the convenience store in the region, with different retailers announcing plans for growth in China, Indonesia and Malaysia. 7-Eleven to grow presence in China As part of the joint venture between Mitsui & Co, Southern Hope Industrial and Seven-Eleven Investment, 7-Eleven has announced that it will open 300 stores in Chongqing, sou...
26 June 2013
Walmart has named Ramnik Narsey as interim head of its business in India, replacing Raj Jain, according to reports. No reason given for departure of Jain Mr Jain has been with Walmart for seven years and been head of the Indian operation for six of those. Reports have not given any reason for his departure. Walmart optimistic about future in India According to a statement, Mr Narsey...
25 June 2013
Tesco has launched its online grocery home shopping service in Shanghai, completing a rapid roll out of the service to all of its major Asian markets, excluding India. Launch in inner Shanghai with further expansion planned From 25 June 2013 Tesco will have online shopping live in all of its major Asian markets of South Korea, Thailand, Malaysia and now China. The service will initially be...
25 June 2013
China's largest hypermarket operator Sun Art Retail Group has set up an e-commerce company in Shanghai, joining Tesco who has also just announced the launch of its grocery home shopping service. Sun Art explores e-commerce opportunity Sun Art Retail Group has established Uitox E-commerce Co Ltd, a Shanghai registered unit, to sell online in China. Uitox has a registered capital of RMB10...
24 June 2013
In conjunction with software company Appconomy, Carrefour has launched a new shopper-oriented app in China. Smart Shopper app to ‘enhance customer offer’ The two companies said that the new app will combine indoor location sensing technology, the option for a social shopping list and an advertising system that will allow Carrefour to engage with shoppers in a personalised way. The social sh...
20 June 2013
Looking for opportunities ahead of your competitors? Our emerging markets index has two very familiar names at the top, but here we assess five markets from our Top 10 that you are probably less familiar with. Argentina With a population of about 43 million in 2012 and a comparatively high grocery spend per capita – at nearly US$1,500 in 2012 – Argentina is an attractive market for retail...
20 June 2013
We have assessed the leading global grocery retailers, their key markets and strategies for growth, and looked in more detail at the priorities and strategy of the top five. This week, we examine Tesco and its increasing focus on Asia. Increasing focus on Asia for growth The UK remains by some distance Tesco's largest market. However Asia is increasingly becoming its engine for grow...
20 June 2013
French retailer Carrefour has announced a three year plan to open stores in 30 new cities in China. Expansion into new cities China Daily reports Carrefour's plans to enter 30 new cities over a three year time span, which will add to its existing network of 220 hypermarkets across 60 cities. In March 2013 Carrefour announced the opening of first store in Hohhot in the Inner Mongolia...