Hypermarkets and supermarkets

21 May 2019
Retailer gains an immediate presence in Mumbai, Bengaluru and Pune. Deal estimated to be worth US$43m Spencer’s Retail, owned by RPG Enterprises, announced that it will acquire convenience retailer Nature’s Basket from Godrej Industries. The deal is estimated to be valued at US$43m and is awaiting approval from shareholders of both companies. The RPG Group currently operates 156 supermar...
15 May 2019
Aeon Orange Thanlyn Sakura is opened in Yangon, Myanmar’s capital city, selling home electronics, clothing and other household items on top of foods. First hypermarket in the region The new hypermarket is 2,800 sq m, triple the size of its supermarket. In addition to grocery and general merchandise, there is a ready to eat selection of local dishes, salads and desserts in a 70 sq m dining a...
13 May 2019
In 2018, Sheng Siong opened 10 new stores, bringing its total store count to 54 and total retail area to more than 46,000 sq m. We recently visited its store in Junction 10, Woodlands Road and bring you some in-store highlights.  Source: IGD Research Located in a shopping mall near the Bukit Panjang MRT station, this 1,900 sq m store contains a wide range of fresh foods as well as packag...
10 May 2019
SM Retail has announced Q1 results for the period ending 31 March 2019, with total revenue up 13% to PHP79.0bn. Food revenue up 17% to PHP41.8bn The food side of the business continued to see strong growth during the period, driven by positive like-for like sales in existing stores, as well as the opening of 1 SM Supermarket, 1 Savemore and 52 Alfamart stores. Although the retailer didn't o...
07 May 2019
Robinsons has posted its annual results, with net sales up 15.1% to PHP132.8bn (US$2,556m). Strong set of annual results Robinsons posted net income of PHP5.1bn (US$98.5m) last year, an increase of 2.6% on the year previous. It achieved a 5.9% like-for-like (LFL) growth last year, mainly supported by a 6.1% increase in basket size in its supermarket business. In its convenience store bus...
07 May 2019
Healthier products set to become a significant category for the retailer. Growing demand for herbal and organic ranges Since 2016, Star Bazaar, the supermarket banner operated by Trent Hypermarket, has seen steady growth in its herbal, organic and natural products. Though initial growth was driven by large corporates such as Hindustan Unilever and Patanjali Ayurved Ltd., more and more playe...
07 May 2019
Sales revenues improved by 10.1% versus last year. New stores boost earnings For the first quarter of 2019, Sheng Siong Group reported revenues of SGD251.4m, an increase of 10.1%, as well as net profits of SGD19.4m, a rise of 5.9%. The positive results were attributed to the opening of 10 new stores in 2018. Although like-for-like store sales contracted by 1%, new stores contributed to 1...
01 May 2019
 JD.com plans to invest CNY6.5bn (US$965.1m) in Thailand over the next three years to strengthen its fresh food business. Offering shoppers more choices In partnership with Yonghui, JD.com plans to import large quantities of durian, mangosteens, coconuts and other fruits from Thailand worth CNY5bn (US$742.4m). JD.com itself will also source an additional CNY1.5bn (US$222.7m) worth of fruits...
24 April 2019
AEON has partnered online grocery delivery company HappyFresh in Malaysia to provide shoppers greater convenience. Purchasing groceries on HappyFresh mobile app AEON Malaysia continues to step up its ecommerce initiatives. It previously announced partnership with Honestbee , and now is allowing customers to buy groceries via the HappyFresh mobile app. Users will be able to choose from appr...
21 March 2019
German wholesaler Metro has called for bidders for its operations, kicking off the official sale process. A deal valued between US$1.5bn and US$2bn Metro, owns 95 stores in China as well as real estate assets in several major cities such as Beijing and Shanghai, is seeking a deal that would value the business from US$1.5bn to US$2bn. It is reported that the decision to exit China is a pa...