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Whilst retailers often find opportunities outside their initial line of business these days, Japanese retail group Aeon is picking up thanks to the group's supermarkets which worked on their basics and revamped offerings of fresh and prepared food. Read about this success story and more. Enjoy!
Asia & Australasia
Business strategies in India Online firm Askme is looking to fund its domestic and overseas expansion plans with an initial investment of US$ 100 million +++ India's largest hypermarket chain Big Bazaar is kicking off mobile payment at its physical stores by tying up with mobile payment service provider Mobikwik.
Aeon bounces back The Japan-based retail group appears to be on the mend, with operating profit leaping up roughly 50% to around US$ 266 million, mainly driven by food sales of the group's supermarkets.
USA & Canada