Aiko TanakaFood
Vietnam Convenience Store Network to Triple to 30,000 Outlets by 2030
Domestic grocery operators are pushing minimarts into rural communes as modern trade market share climbs toward 20 percent.
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winmart
Every story tagged winmart on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged winmart
6 stories in this topic
Wei ZhangGeneral
WinMart Debuts Exciting Russia Corner Shopping Experience in Hanoi
On June 12, in a vibrant celebration coinciding with Russia Day, WinCommerce unveiled its latest venture—Russia Corner—at the WinMart Royal City in Hanoi. This dynamic space is the brainchild of WinCommerce, the operators behind the WinMart and WinMart+…
Rajiv MenonGeneral
WinMart’s loss triples in 2022
WinCommerce, the operator of WinMart retail chain, saw its loss tripling from 2021 to VND445 billion ($18.97 million) last year. Since being acquired by Masan Group from Vingroup in 2019, WinCommerce has not been able to turn a profit. Its revenues declined…
Sarah ChenGeneral
WinMart Vietnam parent plans 720 new stores by Christmas
Vietnamese supermarket and minimart operator, WinCommerce, says it will boost its WinMart store network by 720 more stores this year. The plan includes 700 new WinMart+ stores – a hybrid minimart or convenience store format – and more than 20 WinMart…
Wei ZhangGeneral
Aeon eyes 100 grocery stores in Vietnam
Aeon has unveiled plans to expand its network of MaxValu compact supermarket stores in Vietnam, eyeing about 100 new locations across the country by 2025. According to Nikkei Asia, the expansion will include a larger store format with floor space spanning…
Aiko TanakaGeneral
VinMart to become WinMart
A year after conglomerate Masan Group acquired it from Vingroup, the VinMart retail chain is set to become WinMart. The rebranding would take place after the restructuring of the retail chain is complete, Truong Cong Thang, CEO of The CrownX, a subsidiary…