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PlanetRetail News

03 Sep 2015
HARVEY NORMAN dairy diversification raises eyebrows
Furniture and appliances retailer Harvey Norman has defended its decision to diversify into dairy farming and cattle breeding, telling shareholders it is confident a AUD34 million investment in one of Australia's largest dairy farms will deliver returns
03 Sep 2015
ALIBABA signs deal to promote Chilean produce in China
The Chilean fruit industry is pulling out all stops to boost its position in China. As part of the event Chile Week 2015 in the East Asian country, the Directorate General of International Economic Relations (Direcon) signed an agreement with online sales giant Alibaba to promote Chilean products...
03 Sep 2015
VIETNAM: New contender emerges in c-store sector
The Gioi Di Dong, a Vietnam retailer known for its 450-strong chain of bright yellow phone retail stores says it will launch a new convenience store format in October
03 Sep 2015
TESCO reportedly close to revealing Korean bidder
Tesco has picked private equity firm MBK Partners as preferred bidder to buy its South Korean unit, two people with direct knowledge of the process said, in what is set to be the largest ever private equity deal in Asia
03 Sep 2015
SNAPDEAL buys out Silicon Valley discovery specialist
Snapdeal has acquired Reduce Data, a Silicon Valley start-up, for an undisclosed amount to strengthen its discovery platform as the e-commerce major competes head-on with giants like Flipkart and Amazon