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NewPrinces To Acquire Carrefour Italy for 1 Billion EurosNewPrinces Group will acquire Carrefour’s entire Italian operations for approximately 1 billion euros. |
August 17, 2025 Jing Zang |
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Freshippo Abandons Membership Store ModelFreshippo, the Chinese supermarket brand launched by e-commerce giant Alibaba, is closing all of its membership stores. |
August 10, 2025 Jing Zang |
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Del Monte Foods Files for Chapter 11 BankruptcyDel Monte Foods, the U.S. subsidiary of Del Monte Pacific Limited, filed for Chapter 11 bankruptcy on July 1 owing to declining demand and rising steel tariffs. |
July 21, 2025 Roy G |
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China’s Top 100 Supermarket Chains in 2024 AnnouncedThe China Chain Store & Franchise Association recently released its annual ranking of China’s top 100 supermarket chains for 2024. |
July 15, 2025 Jing Zang |
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Australia Considers Approving GM Purple Tomatoes for SaleNorfolk Healthy Produce has applied for approval to grow and sell its genetically modified purple tomatoes in Australia, potentially entering the market next year. |
June 29, 2025 Roy G |
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China Remains Vietnam’s Top Fruit and Vegetable Supplier in 2024China maintained its position as Vietnam’s leading fruit and vegetable supplier in 2024, accounting for 41% of the country’s total import value. |
June 12, 2025 Jing Zang |
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Freshippo Achieves First Full-Year ProfitFreshippo achieved its first full-year profit for the fiscal year spanning April 2024 to March 2025. |
April 22, 2025 Jing Zang |
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Freshippo Plans To Open Nearly 100 New Stores in FY 2025Freshippo recently unveiled its strategic plan for fiscal year 2025, which includes opening nearly 100 new stores and expanding into numerous new cities. |
March 16, 2025 Jing Zang |
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Paragon Shine Gains Control of RT-MartParagon Shine has completed its acquisition of RT-Mart from Alibaba following a major transaction. |
March 09, 2025 Jing Zang |
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Devastating Floods in Spain Decimate Citrus and Persimmon OrchardsThe recent flooding in Spain has caused massive damage to agricultural crops, with citrus and persimmon orchards particularly affected. |
November 14, 2024 Olga |
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