Chinese real estate group Dalian Wanda Group announced that the company will invest USD900 million to build a 350-meter building in Chicago, which will be a 89-floor five-star hotel and apartment project.
According to Luo Wenxia, vice president of Yonghui Supermarket, the company plans to open six stores at Wanda Plazas in 2013.
Wanda Department Store's new brand launch ceremony was just held in Beijing and Wanda Group announced that Wanqian Department Store was formally renamed to Wanda Department Store.
British retail giant Tesco has announced that its second energy-saving store in Shanghai, Wanda Zhoupu store, will be opened in September 2009.
Li Yaohan, senior vice president of Wanda Group, told First Financial Daily that Wanqian Department, a wholly-owned subsidiary of Wanda Group, has opened three stores within half a year and it plans to open more…