More China Retail Woes: Hypermarket Chain C.P. Lotus Warns Of 1st-Half Loss

C.P. Lotus, the China-focused hypermarket chain led by the family of Thai billionaire Dhanin Chearavanont, said on Friday it lost 78.8 million yuan, or $12 million, in the first six months of the year.  Lotus, the latest major retailer in China to report poor results, had said last month that it [...]

Interest rates cuts that helped boost retail sales in Australia over the past two months have already worn off. Economists expected a further rise in sales this month only to see a seasonally adjusted .8% decline. Now Retailers want RBA action as sales dive

?To get rich is glorious. So is helping poor farmers.? So opens our profile of Thailand?s Dhanin Chearavanont, FORBES ASIA?s 2011 Businessman of the Year. Chairman of Charoen Pokphand, Thailand's largest nonstate conglomerate, Dhanin is also the richest person in that country, with a net worth of $7.4 billion. (Click here to see our profile ...

When Dhanin Chearavanont faced financial stress after 1997, one of the assets he sold down was Siam Makro, a joint venture with Holland's SPV Holdings.

The bid by CP All for the Thai discount retailer Siam Makro is the latest blockbuster acquisition for the billionaire Dhanin Chearavanont.

Thai billionaire Dhanin Chearavanont has offered to buy discount-store operator Siam Makro PCL for $6.6 billion in what would be the biggest deal in the Asian-Pacific region this year.

Thai billionaire Dhanin Chearavanont has offered to buy discount-store operator Siam Makro PCL for $6.6 billion in what would be the biggest deal in the Asian-Pacific region this year.