綠色BN
2015-02-10

Retail News Roundup – Feb 10

The top 5 retail news clips in Asia this week.
Newspaper

1 – Aeon plans big expansion of MaxValu supermarkets
Aeon (Thailand) Co, the operator of MaxValu supermarkets, has announced plans to speed up expansion in Thailand by increasing its number of stores to 500 by 2020. >>

2 – Wendy’s to sell 500 more stores to franchisees in 2015
In pursuit of its goal to reduce company-operated restaurant ownership to approximately 5 percent of the total system by the middle of 2016, Wendy’s recently announced that it is planning to sell 500 additional restaurants to franchisees this year. >>

3 – Mothercare enters Korea
Babywear retailer Mothercare is to launch in South Korea.The UK-based company has entered into a franchise agreement with Homeplus, a local supermarket chain owned by Tesco, to open retail stores and an eCommerce site. >>



4 – Line app gets into groceries
Social media and chat app Line is getting into the grocery retailing market with the launch of an online supermarket for Southeast Asia. >>

5 – Apparel retailer Cache files for bankruptcy
Cache has become the fifth U.S. apparel retailer to file for bankruptcy in three months as the sector struggles with growing competition and lower spending by teen shoppers. >>

  By April Wu 
  China Market Strategy
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