Carrefour says it sells Thailand outlets to Casino

French retailer Carrefour said on Monday it would sell its 42 outlets in Thailand to rival Big C, part of the French Casino group, for 868 million euros ($1.19 billion).

US clothing retailer Gap enters China

Clothing retailer Gap opened its first store in China Thursday, calling it a major step in an international expansion aimed at doubling the proportion of its revenue from outside the United States.

German Metro posts strong Q3 results, raises outlook

The German retail giant Metro raised on Tuesday its 2010 profit target following a strong third quarter that saw a pick-up in key eastern European markets.
retail sales hit one year high in october

Retail sales hit one-year high in October

Total retail sales revenue of commodities and services in October reached VND136.3 trillion ($7.17 billion), the highest monthly level this year, according to the General Statistics Office (GSO).
electronics retailers in promo war campaigns

Electronics retailers in promo war campaigns

Hanoi - The domestic electronic products and electrical appliances market has seen fierce competition recently with retailers reducing prices from 30 to 50 per cent.
race to embrace retail mall revolution

Race to embrace retail mall revolution

Increasing numbers of urban dwellers in Vietnam are making it known they prefer shopping in modern trading centres instead of traditional wet markets.
petrol dealers to cut prices

Petrol dealers to cut prices

Hanoi - The Ministry of Finance has called on fuel retailers to reduce prices, but will allow them to use resources from the fuel stabilisation fund to offset losses incurred through fluctuating global oil prices.
amazon quarterly net profit up 16 per cent

Amazon quarterly net profit up 16 per cent

US online retail giant Amazon reported strong quarterly net profit and revenue growth on Thursday and said the latest version of its Kindle electronic book reader is its fastest-selling ever.

Australia renews push to split telco major Telstra

SYDNEY, October 20, 2010 - Australia Wednesday introduced a bill to split former state monopoly telco Telstra into retail and wholesale arms as part of its ambitious plan to build a national high-speed broadband network.
citibank vietnam extends retail banking presence to hanoi

CITIBANK Vietnam extends retail banking presence to Hanoi

On October 15Citibank Vietnam expanded its retail bank operations in the country by opening a new branch and launching Citigold - its wealth management offering – in Hanoi, the second retail branch behind the first one in Ho Chi Minh City opened last year.
retail sales soar 25 per cent in first nine months

Retail sales soar 25 per cent in first nine months

HA NOI - Total retail sales revenue of commodities and services in the first nine months of the year increased 25.4 per cent year-on-year to more than VND1,146 trillion (US$58.7 billion), according to the General Statistics Office (GSO).
retailers yet to break down door

Retailers yet to break down door

Despite its rich potential, Vietnam has largely failed to attract new foreign retailers since its door was fully opened in early 2009.

Street shops in the cold

Purchasing modern retail complex space is out-muscling traditional street-side shops.
foreign retailers await key to unlock market

Foreign retailers await key to unlock market

A better guideline for foreign investors to unlock the local retail market was talked up with a new retail sales decree’s arrival.
retail space continues to develop at steady pace

Retail space continues to develop at steady pace

The retail market continues to prove some analysts wrong by offering healthy returns.