Issues at Asda, Couche-Tard M&A spree continues, Aeon eyes Myanmar – August retail round-up
August saw the announcement of an eighth consecutive quarter of declining sales at Asda, the UK arm of Wal-Mart. Across…
Aeon
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Wal-Mart Q1s, Aeon and Picard team up in Japan, Jet.com tests grocery delivery – retail round-up, May 2016
In May, Wal-Mart's latest financial results took the eye, although in some ways the numbers prompted as many questions as…
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Talking shop: Aeon responds to domestic challenge with Asia growth
Japan-based retailer Aeon warned that its full-year 2013 profit is expected to come in well below expectations. The company was…
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JAPAN: Aeon warns on competitive intensity, slashes forecasts
Japanese retail giant Aeon has slashed its earnings estimates for the financial year to end-February, citing competitive pressures in the…
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Talking shop: Tesco faces “difficult decisions” at home and abroad
Tesco clearly has a lot on its plate. On the one hand, the UK's largest retailer is focused on transforming…
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HONG KONG: Hutchison Whampoa takes ParknShop off the block
Hong-Kong based retail-to-energy conglomerate Hutchison Whampoa has dropped plans to auction its ParknShop supermarket business. "Hutchison Whampoa Limited has concluded…
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JAPAN: H1 losses at retailer Daiei widen
Japanese retailer Daiei has seen its net losses widen in the first half of its financial year. In the six…
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HONG KONG: “Four bidders” remain in ParknShop race
Four bidders reportedly remain in the race to acquire Hong Kong retailer ParknShop - with regional retailers and private-equity firms…
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HONG KONG: Charoen Pokphand “in running for ParknShop”
Thailand's Charoen Pokphand Group, the owner of Thai retailer CP All, has reportedly submitted a first-round bid for Hong Kong…
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HONG KONG: KKR, TPG “dropped” from ParknShop auction
Private-equity bidders KKR & Co. and TPG Capital Management have reportedly been dropped from the auction process to acquire Hong…