EUROPEANS LINK WITH ASIAN RETAILERS

SINGAPORE -- Joint ventures between Asian-based food retailers and large operators from Europe are likely to dominate the Asian retail scene in the next five years.That was the forecast heard by attendees at the 41st Annual CIES Executive Congress here last week.A handful of major chains are expected to proliferate in each of several Asian markets, mostly foreign retailers who were first to move into

SINGAPORE -- Joint ventures between Asian-based food retailers and large operators from Europe are likely to dominate the Asian retail scene in the next five years.

That was the forecast heard by attendees at the 41st Annual CIES Executive Congress here last week.

A handful of major chains are expected to proliferate in each of several Asian markets, mostly foreign retailers who were first to move into Asia, according to James Dallmeyer, the editor of Asian Supermarket magaz

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