The UAE’s LuLu Group is investing US$400m in a food processing plant, a logistics and processing unit for fruit and vegetable produce, and a mega shopping mall in India’s state of Telangana.
China’s organised food-service industry has been growing at a rate of over 11% over the last two years and was worth more than RMB3.2bn (US$480m) in 2015.
India’s modern food retailers are adopting private labels at a faster pace than their counterparts in China - and in Europe before them - according to a new report from Rabobank, which says Indian retail reforms will likely boost the uptake of affordable...
Tesco has announced plans to combine its Chinese retail operations with consumer goods company China Resources Enterprise (CRE) in a bid to form the leading multi-format retailer in China.
According to a new study in India, 800,000 people are employed directly by organised retail in India, and even without FDI, this number would grow to 2m by 2016—and double that when indirect employment is considered.
The world's biggest shopaholics are most likely to be found in
Asia-Pacific markets, suggests a new study, which shatters the
common belief that Americans are the keenest shoppers.