Retailing, Franchising, and Consumerism Business Intelligence in China

FMCG




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P&G Opens Online Store On China's Taobao.com

The global consumer products giant Procter & Gamble has opened an online store on the Chinese Internet shopping website Taobao.com, marking the company's debut into China's Internet marketing sector.


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Watsons To Open 120 New Stores In 2009

Despite the downturn in the economy, Christian Nothhaft, managing director of Watsons China, has announced that the company plans to open 120 new stores in 2009, which means opening two new stores weekly.


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Carrefour To Sell Products At CNY1 In South China

According to a sales representative from the French retail giant Carrefour, the company will sell more than 120 kinds of products at a price as low as CNY1 per item in its South China outlets.



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China Nepstar Recruits Industry Veteran As Co-CEO

China Nepstar Chain Drugstore has strengthened its management team with new appointments, naming Ian Wade as co-chief executive officer and William Weili Dai as the new chief financial officer.



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Letao.com To Build The Largest Online Toy Store In China

One of China's largest online toy retailers, Letao.com, has announced that the company is establishing partnerships with many international toy manufacturers to introduce thousands of new toy products to its online store.