China: ALDI China is shifting into high gear

Discount Retail Chain ALDI China is hitting the "accelerator." From infrastructure upgrades to major retail milestones, the discounter is solidifying its footprint in the Chinese market through a three-pronged strategy: supply chain efficiency, store expansion, and localized product innovation. Strategic Expansion & Milestones ALDI recently hit several key growth markers that underscore its commitment to the region: Logistics Infrastructure: In February, the launch of the Wux

Asia

Apr 202 min read

Malaysia: MERE gears up for Malaysian debut

Discount Retail Chain MERE owned by Svetofor Group, which operates a chain of grocers in Russia and across Europe is planning to make its entry into Malaysia, possibly its first Southeast Asian destination. The group, known for its hard discount stores/budget supermarkets, is understood to be awaiting the green light from the Ministry of Domestic Trade and Cost of Living to commence operations, sources say. The Edge understands that Svetofor Group, founded by Sergey Shnayder,

Jul 30, 20245 min read

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