Midea To Acquire Toshiba's White Goods Business
Chinese home appliances group Midea has signed a memorandum of understanding with Toshiba to acquire the white goods business of the Japanese company.
appliances
Gome Teams With Japan's BIC For Global Shopping
Chinese electronics and home appliances retailer Gome reached a deal with Japanese retailer BIC Camera for the sale of overseas products in Gome's physical stores as well as on its e-commerce platform.
Chinese Electronics Retailer Buys Rival
Chinese electronics and home appliances retailer Gome has signed an acquisition agreement with Beijing Zhansheng, which will sell its entire stake in Dazhong to Gome for CNY3.83 billion.
Suning Appoints New Head For Beijing
Chinese home appliances and electronics retailer Suning has appointed Hou Enlong, former head of Suning Chongqing, as new general manager of Suning Beijing.
Gree Anhui Terminates Electronics Retail Cooperation With Suning
Anhui Xinxing Gree Air Conditioner Sales Company, distributor of Zhuhai-headquartered Gree Electric Appliances in Anhui, has announced via five local media that it has terminated cooperation with the Chinese electronics and home appliances retailer Suning…
Suning To Open Five New Stores In Beijing In Q4 2008
According to Fan Zhijun, executive president of Suning's management headquarters for North China, the company plans to open five new stores in Beijing in the fourth quarter of 2008 while completing the upgrade of its…
Suning To Open Its First Appliances Discount Outlet In Beijing
According to Fan Zhijun, vice president of Suning Appliance Co., Ltd., Suning will open its first appliances discount outlet at the Lize Bridge, West Third Ring, Beijing on August 30, 2008.
Dazhong Posts Net Profit Increase Due To Beijing Olympics
Dazhong Electronics has recently released a sales report on its appliances sales during the 2008 Olympic Games and Mao Xiaojun, general manager of Dazhong, said that the company's net profits doubled in the first six…
Suning Opens Green Digital Channel For Expatriates
Chinese home appliance retailer Suning has announced plans to launch a Green Channel for expatriates from July 1, 2008.
Suning Enters China's Catering Industry
Suning, known for its electronics and appliaces stores, has announced that the company will enter the catering industry in China.