The German retailer has announced plans to open hundreds of shops in Shanghai and wants to expand into other Chinese cities. Major expansion plans revealed Aldi Süd plan to expand its physical store network in China into the hundreds, with Shanghai its first major target. The retailer has 26 stores in the city, following its entry into the physical market in 2019. Cities in the Yangtze Delt...

Dairy Farm International reported total revenue of USD 18,511mn, increased by 1%, and operating profit of USD 76mn, decreased by 37%, year-over-year in H1. It should keep improving sales and profitability, especially in food grocery retail, which suffered the most from COVID-19 impacts in the region. Sales normalizing in supermarket   Excluding the sales from non-grocery, associates and j...

With the rise in consumer interest in health and wellness driven by the pandemic, Watsons in China announced the launch of a Health Care zone that offers a range of healthcare products and services online and in stores. The Health Care zone provides a seamless O+O (Offline plus Online) shopping experience Along with launching online, the Health Care zones will feature in over 1,200 stores...