Retailers under pressure as more foreign peers predicted to come

Japanese retail giant Aeon bought 49% of Citimart’s shares and 30% of shares of Fivimart convenience stores. Meanwhile, conglomerate Lotte from the Republic of Korea acquired 70% of the Diamond Plaza shopping mall.Thai retailer Berli Jucker Plc completed the purchase of Metro Cash & Carry Vietnam as part of its plan to become a leading player in the region. It also bought the Family Mart convenience store chain and changed its name to B’s Mart in 2013.

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