Chris Hubbard

@chriswhubbard Market Strategy

May 13, 2014

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Retail News Roundup – May 13

The top 5 retail news clips in Asia this week.

Newspaper

1 - German retailer Metro to step up expansion in India

German retailer Metro AG wants to step up expansion in India and is planning to have 50 wholesale stores in the country by 2020, up from 16 now, as part of a broader strategy for growth in emerging markets. >>

2 - India to become Domino’s largest overseas market

India is poised to become Domino’s Pizza’s largest market outside the US. Indian partner, Jubilant FoodWorks, plans to take its outlet count to more than 800 over the next six months, overtaking the UK where Domino’s has 770 stores. >>

3 -Malaysia’s MBG Fruits targets double revenue by 2017, to add 35 outlets

Malaysian fruit retail chain operator, MBG Fruits Sdn Bhd (MBG) aims to multiply revenue to MYR123 million (USD38m) in the next three years. >>

4 - Yosen Group to open 30 more Super Specialty Stores co-branded with China Telecom

Yosen Group, China’s leading wholesale distributor and retailer of 3C merchandise, said on Friday that it signed a strategic cooperation agreement with China Telecom to open 30 more Super Specialty Stores this year from the previous 11 Stores established in cooperation in 2013. Twenty stores will be through renovation of Yosen’s existing stores, while the other 10 will be newly built. >>

5 - China’s coffee chains race to expand

Rapid growth in China’s coffee chain sector shows no signs of abating as a growing middle class develop a taste for coffee. A new survey by China Chain Store and Franchise Association reveals 92 per cent of franchise brands plan to expand this year, reflecting rosy prospects for franchised brands across the giant nation. >> 

Chris Hubbard is a Digital Marketing Strategist in Asia,
with a background in corporate Creative Direction and Branding.
Follow him on Twitter @chriswhubbard