DUBAI, United Arab Emirates, Sept. 7 (Korea Bizwire) — Majid Al Futtaim – the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia – is setting new precedents for retail with the launch of the region’s first check-out free store, Carrefour City+. Opened today in Mall of the Emirates, [...]
SEOUL, Sept. 8 (Korea Bizwire) — A consortium led by Seoul-based private equity fund MBK Partners clinched a 7.2 trillion won (US$5.98 billion) deal to acquire U.K.-based retail giant Tesco Plc‘s Korean unit, marking the nation’s largest takeover deal. MBK said it struck the stock purchase agreement with Tesco in Hong Kong a week after [...]
SEOUL, July 30 (Korea Bizwire) — Suprema Inc., a leading global provider of technology in biometrics and security, today announced it provided its fingerprint recognition terminal, BioEntry Plus, to Carrefour Supermarkets in Istanbul, Turkey, for a new system of access control and time & attendance. A total of 500 units were provided by Meyer Inc, [...]