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The Fair Trade Commission (FTC) on Friday said that it had conditionally approved supermarket chain PX Mart Co Ltd’s (全聯實業) acquisition of hypermarket operator RT-Mart International Ltd (大潤發). The overall benefits of the deal are expected to outweigh any disadvantages, the commission said, adding that it has imposed conditions on the deal to protect consumers and competition from possible abuse of PX Mart’s large market share. The deal is expected to increase product delivery efficiency and reduce premature depletion of stock, the commission said. The acquisition would also provide a better shopping environment after PX Mart completes renovations to RT-Mart outlets, it added. Conditions ....
By Kao Shih-ching / Staff reporterThe Fair Trade Commission （FTC） on Friday said that it had conditionally approved supermarket chain PX Mart Co Ltd’s （全聯實業） acquisition of hypermarket operator RT-Mart International Ltd （大潤發）. ....
Singer Jolin Tsai holds a donation box at a news conference in Taipei yesterday. Tsai was invited by PX Mart Co Ltd and Taiwan Foundation for Rare Disorders to help with a campaign for people who have been deprived of educational opportunities or medical care. ....
Demand for warehouses and logistics facilities has spiked in the past few years, aided by booming online shopping and port congestion amid the COVID-19 pandemic, Colliers International Taiwan said yesterday. The past three years have seen 22 major transactions of warehouses and logistics facilities valued at NT$29.94 billion (US$1.05 billion) and covering 209,100 ping (690,030m2), the size of 2.3 Daan Forest Parks in Taipei, the property broker said. Colliers Taiwan managing director Andrew Liu (劉學龍) identified three investment approaches in warehouses and logistics facilities, namely by taking up the role of landlords, service providers and operators. Cathay Life Insurance Co (國泰人壽) and Chunghwa ....
Staff writer, with CNA President Chain Store Corp (統一超商) and PX Mart Co Ltd (全聯實業) this month ranked among the top 250 retailers worldwide by multinational auditing and consulting firm Deloitte. In Deloitte’s Global Powers of Retailing report, President Chain Store, which operates the 7-Eleven convenience store chain in Taiwan, ranked 134th among retailers, making the list for the eighth straight year, while PX Mart ranked 221st. President Chain Store posted sales of US$8.02 billion from July 2020 to June last year, up 1.2 percent from a year earlier, pushing the company’s ranking eight notches higher, the report showed. The company boosted sales by ....