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The proceeds from a pre-emptive rights issuance would support the company's expansion. 

Missfresh bags $305mln in investment Maxima Latvija SIA names Tomas Rupšys as new CEO Maxima Grupė has announced the appointment of Tomas Rupšys as the new chief executive officer of Maxima Latvija SIA. He has also joined the management board of Maxima Grupė UAB, the company added. CEO and chairman of the board of Maxima Grupė, Mantas Kuncaitis, said: “I am happy to welcome Tomas Rupšys to Maxima group of companies. He has broad experience in retail across multiple European markets”. Indonesia's Matahari supermarket chains join Tokopedia, seeking better online sale Publicly listed r...

Instacart: First "New Year, New Cart" 2021 Grocery Trends Report Canada: Dollarama’s Q3 profit rises, employees to receive pay bonus  Dollarama Inc. said it would pay a bonus to its employees for their work during the pandemic as it raised its dividend and reported its third-quarter profit rose compared with a year ago. The discount chain had come under fire earlier this year from employees and their supporters, who demanded that Dollarama enact greater health precautions in its warehouses and extend the pay raise it offered to employees at the start of the pandemic. Sales totalled $1.06bl...

Hypermart, a supermarket chain belonging to publicly listed retail firm PT Matahari Putra Prima (MPPA) has joined Tokopedia. (Courtesy of Tokopedia/-) This article was published in thejakartapost.com with the title "Matahari's supermarket chains join Tokopedia, seeking better online sales". Click to read: https://www.thejakartapost.com/news/2020/12/10/mppa-joins-tokopedia-seeking-better-online-sales.html. JAKARTA (The Jakarta Post/ANN): Publicly listed retail firm PT Matahari Putra Prima (MPPA) is adding its supermarket chains to e-commerce platform Tokopedia in an effort to boost online sale...

Publicly listed retail firm PT Matahari Putra Prima (MPPA) is adding its supermarket chains to e-commerce platform Tokopedia in an effort to boost online sales and make up for a pandemic-induced drop in in-store shopping. MPPA launched Tokopedia virtual stores for its 23 supermarket chains on Thursday, including Foodmart, Hyfresh, Hypermart and Primo. MPPA corporate secretary and public relations director Danny Kojongian said online sales made up around 8 percent of the company’s total sales. It aims to increase that figure to 15 percent by 2021. Prior to the pandemic, he said, online sale...