Retail in Asia

San Miguel net profit triples

San Miguel Corp. said on Wednesday its net profit surged to a record in 2009, bolstered by a stake sale in San Miguel Brewery Inc., and flagged plans to sell more stakes in its core businesses of food…

Profit falls for J Front Retailing

J Front Retailing Co., the parent of Daimaru Matsuzakaya Department Stores Co., said on Tuesday its group operating profit in fiscal 2009 declined 33.8 percent from the previous year to JPY18.58 billi…