Retailing, Franchising, and Consumerism Business Intelligence in China

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Jingkelong: Net Profit Up 25.8% In 2008

Beijing-based retailer Jingkelong has published its annual report for 2008, which states that its total revenue increased by 18.7% year-on-year to CNY6.694 billion while its net profit increased by 25.8% year-on-year to CNY157 million.





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SPAR To Establish Logistics Center In Dongguan

According to Tobias Wasmuht, marketing manager of Spar International and president of Spar China, the compay plans to cooperate with Jiarong Supermarket Co., Ltd., a local retail giant in Dongguan, to build a logistics center…


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Aeon To Open 30 Convenience Stores In Qingdao

According to the Bureau of Foreign Trade and Economic Cooperation of Qingdao, Ministop Co., Ltd, a subsidiary of the Japanese retail giant Aeon, will open 24-hour convenience stores in Qingdao, making Ministop the first foreign…