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.
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.
Chinese electronics and home appliances retailer Gome has published its annual results for 2011, stating that sales in its listed company increased by 17.5% year-on-year to CNY59.821 billion, while its gross profit increased by 16%…
Chinese home appliances and electronics retailer Gome has announced that it has signed a franchise license agreement with the 2010 Shanghai World Expo to become the authorized retailer of World Expo-related home appliances.
Chinese electronics retailers Dazhong and Gome have announced that they have launched mobile phone trade-in activities in Beijing, offering a buy-back of up to CNY200.
More than 30 retailers in Beijing have started a campaign to promote energy-conservation and green products and advocate energy-conservation and green consumption.
Chinese electronics retailer Dazhong has announced plans to renovate its CCTV Tower flagship store into an electronics shopping mall, which is expected to be opened in the second half of April 2009.
While most electronics companies are busily cutting staff, Chinese electronics retailer Gome has announced plans to hire 20,000 migrant workers for its four subsidiaries in China.
Having opened 65 stores in Beijing, the Chinese electronics retailer Dazhong, which was acquired by Gome, plans to close four unprofitable stores in Beijing during an internal restructuring.
The Japan-based TV maker Sharp has signed a CNY1 billion LCD TV supply and marketing contract with Chinese Electrical Appliance retailer Gome at the retailer's headquarters in Beijing.
According to local media, the American electronics retail chain Best Buy will open a new store on the B2 floor of Beijing's SciTech shopping center in November 2008, marking the beginning of its expansion in…