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Tesco sells off south-east Asian operations 

Tesco sells off south-east Asian operations 
UK retailer Tesco is to pull out of south-east Asia, having agreed the sale of its operations to Thai conglomerate Charoen Pokphand for US$10.6 billion. This represents a major reversal of its strategy of international expansion.
Wed 11/03/2020 by Richard Wilkinson

Tesco to offload Asian operations?

Tesco to offload Asian operations?
Reports have emerged that leading UK retailer, Tesco, is considering selling its Asian business, Lotus, for £7.2bn. According to The Independent, Tesco has received “inbound interest” for its Lotus brand […]
Mon 16/12/2019 by Richard Wilkinson

Carrefour to exit from China

Carrefour to exit from China
The big news in the retail world is that the French giant Carrefour is set to sell 80% of its shares in Carrefour China. The stake will be purchased by […]
Tue 02/07/2019 by Richard Wilkinson

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