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Bach Hoa Xanh is set to become profitable in the last quarter this year after closing 400 ineffective outlets in the first seven months, Mobile World Chairman Nguyen Duc Tai has said. The bulk closure is part of the company’s plan to renovate the grocery…
Grocery chain Bach Hoa Xanh suffered an 8 percent fall in sales year-on-year in the second quarter to VND6.76 trillion (US$289.47 million) following its closure of hundreds of outlets. The subsidiary of electronics retailer Mobile World closed 251…
Vietnam’s Mobile World saw a 43 per cent jump in revenue in the first five months of this year. The mobile device and consumer electronics retailer posted net sales of VND37 trillion (US$1.61 billion) and an after-tax profit of $55.8 million, 44 per cent up…
Despite revenue growth, Vietnam retailer Mobile World has shuttered six The Gioi Di Dong stores. It closed the outlets last month following one earlier closure with a plan to maintain 1065 stores nationwide. The company says it has decided not to expand its…
Vietnam’s Mobile World – the electronics retailer – says it plans to open 300 more grocery stores under the Bach Hoa Xanh banner this year. The convenience store chain targets time-poor Vietnamese housewives who prefer small stores to crowded supermarkets or…
