Taiwanese Dessert Shop Enters Shanghai
Meet Fresh, one of the leading dessert shop chains in Taiwan, has set up its headquarters in Shanghai and will open its first directly-managed shop in the city before the end of this year.
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Subway Opens Its First Restaurant In Chongqing
Fast food franchising giant Subway has opened its first restaurant in Hongyadong, Yuzhong District, Chongqing.
Japan's Inax Opens Flagship Store In Shanghai
Japanese bathroom products and tiles manufacturer Inax has opened its largest Chinese flagship store in the Huaihai Road business area, Shanghai.
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.
China's Little Sheep Publishes First Annual Report Since Listing
Chinese hotpot chain Little Sheep has published its first annual report since it was listed on the Hong Kong Stock Exchange of Hong Kong on June 12, 2008.
Petland China Opens Two New Stores
Petland China, a franchise of U.S.-based Petland Inc., recently opened two additional Petland stores in Shanghai, the company's second and third outlets in China.
7-Eleven To Enter Shanghai In April 2009
According to the Taiwan-based President Chain Store Corporation, it will open three to four 7-Eleven convenience stores concurrently in Shanghai at the end of March or the beginning of April 2009.
Beijing Jingkelong To Open 40 New Stores In 2009
The Beijing-based supermarket, hypermarket, and convenience store retailer Jingkelong, has announced plans to open 40 new retail outlets in Beijing in 2009, in spite of the global economic downturn.
China's Little Sheep Sells Japanese Branch
The Chinese hot pot restaurant chain Little Sheep has announced plans to sell its 62.5% stake in its Janpanese subsidiary to its Japanese partner Webcrew for about HKD2.55 million, which equals to the company's total…
Burger King Looks To Gain Market Share In Taiwan
BK Asiapac, a wholly owned subsidiary of U.S. based Burger King Corporation, and DaChan Great Wall Group have agreed that BKAP will take an equity position in Home Chain Foods — a DCG subsidiary.