Metro To Open First Store In Jinan
European supermarket chain Metro plans to open its first store in Jinan, Shandong province in August 2017.
Europe
Watsons To Invest HKD540 Million To Promote Retail Big Data Technology
Health and beauty retail chain Watsons will cooperate with the Canadian start-up Rubikloud to apply big data technologies to its retail businesses.
Italian Jewelry Brand Opens First Store In Shenyang
Italy's top-level jewelry brand Brosway opened its first owned store in Shenyang, Liaoning province.
China's Wanda To Acquire Largest Cinema In Europe
American cinema operator AMC Entertainment Holdings, a subsidiary of China's Wanda, announced that they will invest GBP921 million, which is about CNY8.01 billion, to acquire Odeon & UCI Cinemas Group from the private equity firm…
Metro Launches Food & Beverage Institute For Hospitality Professionals In China
European supermarket chain Metro has opened its first Chinese food and beverage institute in Shanghai.
Carrefour China Sales Decline 11.2% In Q3 2015
French retailer Carrefour realized sales of about EUR21.5 billion in the third quarter of 2015, a year-on-year increase of 4.2%; meanwhile, its sales in China decreased by 11.2%.
Dutch Supermarket Giant Opens Flagship Chinese E-commerce Store
Dutch leading supermarket chain Albert Heijn has opened its official flagship store on Tmall's international site Tmall.hk.
China's Bright Food Group Acquires Spain's Miquel
China's Bright Food Group announced in Barcelona that the group has completed its acquisition of Miquel Alimentacio, a food distributor in Spain.
Metro Reaches Exclusive Strategic Deal With Alibaba
Alibaba Group and Metro announced an exclusive strategic deal under which Metro's official flagship store will enter Tmall.com, Alibaba's B2C e-commerce platform.
Italy's Antonia To Enter Chinese Market With First Store In Macau
Italian luxury fashion brand Antonia has signed a franchise agreement with Canudilo Group for Chinese market expansion.