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.
According to Yu Guoxiong, a spokesperson for Ting Hsin International Group, Ting Hsin plans to open the franchise rights of its convenience store brand FamilyMart in mainland China at the end of 2009.
Dio Coffee, China's largest coffee chain enterprise, has said that it plans to launch its initial public offering in Hong Kong within three years.
Chinese hotpot restaurant chain Little Sheep has published its semi-annual financial report for the first half of 2009.
Lianhua Supermarket has reported that its board of directors has approved the acquisition of Hualian Supermarket for CNY492 million.
Beijing-based supermarket retailer Jingkelong has published its financial report for the first half of 2009, stating that its revenue decreased by 3% year-on-year to CNY3.249 billion.
Chinese PC maker Lenovo has confirmed that it has opened two concept stores in Low Yat Plaza, Kuala Lumpur, Malaysia.
Japanese sports brand Mizuno has announced that it will close 200 unprofitable stores in China.
Chinese hotpot chain Little Sheep has announced that it has completed the integration of eight additional franchise restaurants, increasing the number of self-managed restaurants it owns to 143.
Chinese time-honored steamed stuffed bun brand Goubuli has signed a letter of intent with Taiwan Jianhua Group to jointly open Goubuli's first restaurant in Taiwan's Taichung city.