Britain's HOF Department Store Will Enter China
British department store brand House of Fraser will officially enter the Chinese market and its first batch of stores will be located in Nanjing, Xuzhou, and Chongqing.
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China's Sanpower Group Bids USD173 Million For American Retailer
Following a 13-hour auction, China Sanpower Group and Sailing Capital International finally bought the American bankrupt retail giant Brookstone Holdings Corp. for over USD173 million.