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Following in-store developments and the aim to adapt its private label products, we round up news from France-based Casino.

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South Korean drugstore operator Olive Young is partnering Dairy Farm to expand in Southeast Asia. The two businesses had a joint venture running from 2002 to 2008. Launching in Singapore, Indonesia and other markets Dairy Farm will distribute Olive Young products through its health and beauty stores. Olive Young will first launch in Singapore, with around 110 of its products sold at about 5...
Sasa International, a leading drugstore in Asia, will shut all 22 stores in Singapore. Six consecutive years of losses The group had tried to improve sales by restructuring its local management team, enhancing store display and product mix, but still failed to turn the business around. In the six months ended 30 September, the Singapore operations reported S$17.3m (US$12.7) of sales, a drop...
7-Eleven Malaysia, majority-owned subsidiary of Berjaya Group, will buy another 25.35% of Caring Pharmacy, taking its total stake to 38.57%. Improving the group’s performance Berjaya Group’s founder, Tan Sri Vincent Tan, is a major shareholder of 7-Eleven Malaysia and has shares in Caring Pharmacy Group. 7-Eleven wants to increase its stake in Caring Pharmacy to over 50% but will maintain i...


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