Chinese Electronics Store Opens Outlet On Roof Of The World
Suning will open its first electronics chain store in the Tibetan city of Lhasa on May 25, 2013.
Wuhan
Carrefour Adjusts China Business Structure
French retailer Carrefour has added a new greater central region department in China.
Suning's New Logistics Bases Provide More Retail Growth In China
Chinese electronics and home appliances retailer Suning has published its annual financial report for 2011, stating that its total operating revenue increased by 24.35% year-on-year to CNY93.889 billion; while its net profit increased by 20.14%…
Chinese Cosmetics Chain Launches Franchised Model In 2012
Gialen, one of the largest cosmetics retail chains in China, has announced that starting from 2012, the company will formally introduce the franchised model, with Guangdong province as its first stop.
Aeon To Build Three New Shopping Centers In Wuhan
Japanese retail group Aeon will launch three new shopping centers in Wuhan, Hubei province, over the next few years.
Wal-Mart Increases Stake In Yihaodian.com To 51%
Wal-Mart reached an agreement with the Chinese e-commerce retail website Yihaodian.com to increase its stake in the website to nearly 51%.
IICG To Invest Over EUR1.4 Billion In Chinese Shopping Centers Over Next Five Years
Hai Wentian, deputy general manager for Inter Ikea Centre Group China, has revealed to the local media that the group plans to invest over EUR1.4 billion to build new shopping center projects in China in…
American Internet Retailer Rebrands For China
Amazon has announced that its brand name Joyo Amazon has been formally changed to Amazon China and it will launch a shorter domain name Z.cn for its Chinese website to fully embrace its global identity….
Pepsico To Build Food Manufacturing Base In Wuhan
Pepsico Inc. has announced that it will build a new Chinese food manufacturing base in the Wuhan Food Industrial Processing Zone, Hubei.
Intime Department Store Acquires Shopping Center In Wuhan
Intime Department Store has announced its acquisition of the entire interest of Hubei Wuluo at a price of CNY56.5 million.