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PX Mart's acquisition of RT-Mart could worry Carrefour: economist

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.

China , Taipei , T-ai-pei , Taiwan , France , Nangang , Hualian-xian , Taiwanese , Frances-huang , Li-shyh-jane , Tseng-chih-yi , Commerce-development-research-institute

Hypermarket profits, outlets surge - Taipei Times

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

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Pxmart offered Carrefour, RT-Mart stores: chairman

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

Taipei , T-ai-pei , Taiwan , Yilan , Yilan-xian , Lin-ming-hsiung , Chiang-chih-hsiung , Pxmart-sunmake-cultural-foundation , International-ltd , National-center , Px-mart-co-ltd

Carrefour suppliers complain they are being overcharged

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.

Taipei , T-ai-pei , Taiwan , Andy-chen , Hong-dairy-farm-international-holdings , Fair-trade-commission , Wellcome-taiwan-co , Carrefour , Chairman-andy-chen , Dunhuan-road , Fair-trade-act , Market-place

Fresh food and e-commerce sales surged at Costco in January

Fresh food and e-commerce sales surged at Costco in January
US: Food supply chain Teamsters vote to strike third largest grocery chain in the Southwest
Teamster drivers and warehouse workers at a critical Albertsons grocery distribution center have overwhelmingly voted by 98% to authorize a strike to protest the company's failure to address workers' COVID-19 safety concerns and to demand that the company stop violating federal labor laws. The roughly 900,000 square foot distribution center, just outside of Phoenix, services approximately 175 Albertsons, Safeway and Vons grocery stores throughout Arizona, New Mexico, Southern Utah, Las Vegas, Nevada, and El Paso, Texas.
US: Raley’s Food Lab to serve as startup incubator for food entrepreneurs

Phoenix , Arizona , United-states , Taiwan , El-paso , Texas , Nevada , United-kingdom , Florida , Boston , Massachusetts , Taipei

Carrefour Taiwan finalized the purchase of Wellcome supermarkets and Jasons Market Place stores

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 Taiwan president Wang Chun-chao said.

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Carrefour Taiwan completes acquisition of Wellcome, Jasons Market Place stores

Carrefour Taiwan completes acquisition of Wellcome, Jasons Market Place stores
By Angelica Oung / Staff reporter
Carrefour Taiwan (家樂福) yesterday finalized the purchase of Wellcome Taiwan Co (惠康百貨), 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 Taiwan president Wang Chun-chao (王俊超) said.
Wellcome Taiwan, which was launched in 1987 by Hong Kong-based Dairy Farm International Holdings (牛奶國際控股), was Taiwan’s largest supermarket chain, before French hypermarket chain Carrefour SA in June last year announced its acquisition.

Taipei , T-ai-pei , Taiwan , France , Nangang , Hualian-xian , French , Taiwanese , Wang-chun-chao , Hong-dairy-farm-international-holdings , Wellcome-taiwan-co

FTC conditionally approves Carrefour-Wellcome plan

FTC conditionally approves Carrefour-Wellcome plan
Staff writer, with CNA
The Fair Trade Commission (FTC) on Wednesday conditionally approved an application by Carrefour SA to acquire Wellcome Taiwan Co (惠康百貨), saying the deal would create greater economic benefits than disadvantages to consumers as a whole.
Carrefour in June announced that it would acquire Wellcome Taiwan for 97 million euros (US$117.54 million), and have all the Wellcome supermarkets and Jasons Market Place premises across the nation under its banner within 12 months of closing the deal.
The France-based hypermarket chain made a deal with Hong Kong-based Dairy Farm International Holdings Ltd, a retailer that launched Wellcome Taiwan in 1987.

Taiwan , France , Hong-dairy-farm-international-holdings-ltd , Fair-trade-commission , Wellcome-taiwan-co , Pxmart-co , Wellcome , Carrefour , Enterprises-corp , Wellcome-taiwan , Jasons-market-place

FTC approves Carrefour-Wellcome merger plan

FTC approves Carrefour-Wellcome merger plan
12/10/2020 01:04 PM
CNA file photo
Taipei, Dec. 10 (CNA) Taiwan's Fair Trade Commission (FTC) on Wednesday conditionally approved an application by Carrefour SA to acquire Wellcome Taiwan Co., on the grounds that the deal will create greater economic benefits than disadvantages to consumers as a whole.
Carrefour SA announced in June that it would acquire Wellcome Taiwan Co. for 97 million euros, and have all the Wellcome supermarkets and Jasons Market Place premises across Taiwan under its banner within 12 months of closing the deal.
The France-based hypermarket chain made a deal with Hong Kong-based Dairy Farm International Holdings, a retail company that launched Wellcome Taiwan in 1987.

Taipei , T-ai-pei , Taiwan , France , Pan-tzu-yu , Flor-wang , Hong-dairy-farm-international-holdings , Taiwan-fair-trade-commission , Wellcome-taiwan-co , Pxmart-co , Wellcome , Carrefour