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Taipei, Oct. 23 (CNA) A deal for Taiwanese supermarket chain PX Mart to acquire hypermarket operator RT-Mart could pose big challenges for Carrefour as the acquisition will help PX Mart extend its reach to the hypermarket business, according to an economist. ....
Hypermarket chains generated NT$161.1 billion (US$5.75 billion) in sales in the first eight months of the year, up 3.6 percent year-on-year, as purchases of food and daily necessities increased amid a local COVID-19 outbreak, even though sales derived from their food courts dropped due to a nationwide ban on dine-in services, the Ministry of Economic Affairs said in a report on Friday. Additionally, as hypermarket chains accelerated development of their online shopping platforms this year, riding the post-pandemic trend of offline consumption transitioning to online, they saw Internet sales increase by 49.2 percent year-on-year during the eight-month period. This was higher than ....
PX Mart Co Ltd (全聯實業) chairman Lin Ming-hsiung (林敏雄) on Wednesday said that both RT-Mart International Ltd (大潤發) and Carrefour Taiwan (家樂福) had approached him with sales offers. Lin told local media on the sidelines of a public event that both companies had asked about the supermarket chain operator’s interest in buying them out. He declined to comment further as the topic is sensitive, local media reported. Lin made the remarks at the inauguration of the Gallery of Taiwan Traditional Art (巧藝館) at the National Center for Traditional Arts’ (國立傳統藝術中心) Yilan campus. The gallery is sponsored by Pxmart’s Sunmake Cultural Foundation ....
Carrefour suppliers complain they are being overcharged taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Carrefour Taiwan finalized the purchase of Wellcome supermarkets and Jasons Market Place stores UK: Sainsbury’s brings a new flagship store to the market Sainsbury’s has opened the doors to its relaunched Hempstead Valley supermarket in Kent, showcasing its latest product offer and format design. After 8 months of redevelopment works, the 62,000 sq. ft supermarket has been transformed into a next generation state-of-the-art Sainsbury’s store. Carrefour Taiwan completes acquisition of Wellcome, Jasons and Market Place stores Carrefour Taiwan finalized the purchase of Wellcome Taiwan Co, bringing all Wellcome supermarkets and Jasons Market Place stores nationwide under its brand, the hypermarket chain operator said as the first converted Wellcome store reopened as a Carrefour outlet in Taipei. The company expects to convert Wellcome stores to Carrefour supermarkets at a rate of 36 to 40 a month and complete the conversions nationwide by August, Carrefour Taiwa ....