Australia’s supermarket giants have signed up to a voluntary code of conduct to protect their smaller suppliers, but the federal government has warned them it will intervene if they fail to abide by it.
The battle of Thailand's hyper- and supermarkets has gone to the next level, with the major players moving to online shopping platforms.
Central Food Retail Co Ltd (CFR), the operator of Tops Supermarkets, on Tuesday officially kicked off its Tops Shop Online ahead of moves by arch rivals Big C Supercenter and Tesco Lotus to expand or introduce their own online services in the fourth quarter.
The increasing spending power of consumers in Asia has been a boon to many industries thanks to the economic recovery, including the major household appliances sector which has managed to bounce back from its weakened performance of last year.
The impending unveiling of a range of sparkling wines from the house of French champagne major Moet & Chandon later this week is adding fizz to the still nascent sparkling wine market in the country.
The company is hunting for the right location at the right price in major cities.
Consumer durables major LG Electronics India today said it will hike prices of its entire range of home appliances by up to five per cent due to weakening rupee with effect from 18 June.
Sales of major domestic appliances continued its robust growth in 2012, growing 13 percent over 2011.
In a survey conducted by GfK Asia, air-conditioners posted the highest volume growth at nearly 18 percent, with the Philippines and Vietnam even surpassing this with over 20 percent surge in demand.
Consumers in these two fast growing markets have also purchased better and higher end models.
Not one of the major infant milk formulas on sale in Hong Kong would pass a proposed new packaging guideline if it was introduced today.
Should the manufacturers remain in the Hong Kong market after the changes, their packages should incorporate at least two important warnings in specific sizes alerting parents to the risk of using their products.
Many major brand owners are failing to adequately communicate the progress they have made in the area of sustainability to key stakeholders, a study has revealed.
Brandlogic, the consultancy, and CRD Analytics, the insights group, assessed 100 large corporations. The two firms tracked 141 metrics related to sustainability, governance and social responsibility, and also polled 2,500 executives, investors and students.
Halfway through the year, two major economic indicators in the Philippines were on the downtrend, prompting some analysts to say that these could adversely affect the country's forecast of a 5-6 percent growth in its gross domestic product (GDP) in 2012.