April Wu

China Market Strategy

November 25, 2014

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Retail News Roundup – Nov 25

The top 5 retail news clips in Asia this week.

1 – Domino’s Pizza eyes aggressive expansion in Indonesia

Michigan-based pizza-delivery franchisor Domino’s Pizza is planning to open stores in an “aggressive phase” as it aims to make a bigger footprint in the growing Indonesian market. >>

2 – JD.com eyes sharper focus on mobile, lower-tier cities in China

Mainland e-commerce firm JD.com plans to boost its mobile initiatives and extend its reach in smaller cities, after posting stronger-than-expected sales in the third quarter. >>

3 –  Petit Bateau to Enter China’s Booming Children’s Wear Market

French children’s clothing brand Petit Bateau is the latest to enter the Mainland China market. Its first three stores, which are expected to open in 2015, will be located in Beijing, Shanghai, and Qingdao. >>

4 – Pharmacy battle ahead in Philippines

Just one week after Dairy Farm International bought a controlling stake in an established Filipino pharmacy chain, its archrival AS Watson says it is continuing with an ambitious expansion program.  >>

5 – Chinese developer Dalian Wanda plans more than 150 hotels by 2018: Xinhua

Chinese property developer Dalian Wanda Group plans to build more than 150 premium hotels around the world by 2018 in an expansion of its luxury hotel business. >>

 

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