Chinese Retailer Closes Stores As Economic Fortunes Disappear
Shenzhen-based retail chain Ren Ren Le recently closed seven additional stores after the publishing of its third quarter financial report.
Shenzhen-based retail chain Ren Ren Le recently closed seven additional stores after the publishing of its third quarter financial report.
Chinese retailer Ren Ren Le has opened its first store in Xiamen, Fujian and this store is expected to start trial operations at the end of March 2009.
Ren Ren Le, the Shenzhen-based retail chain, has recently signed a contract with Huijing New City, Xiang'an District, Xiamen to open a new store in 2010.