Carrefour China Completes Management Restructuring
The France-headquartered retail giant Carrefour has announced that its major management restructuring in China is complete.
The France-headquartered retail giant Carrefour has announced that its major management restructuring in China is complete.
Hong Kong-listed New World Department Store has announced plans to acquire department store businesses in Kunming and Ningbo for HKD3 million and CNY2 million, respectively.
Chinese traditional medicine ancient brand Beijing Tongrentang has formally set up its first retail store in Kunming, Yunnan.
The multinational coffee retailer Starbucks is looking at sourcing coffee beans from China's Yunnan Province and the company is reportedly planning to build a coffee raw material purchase base in China.
According to Pierre Bertholat, vice president for Carrefour China and president for Carrefour South China, the company plans to open five to ten new stores in South China cities, including Guangzhou and Shenzhen, in 2009.
Gucci, one of the world's top luxurious brand, has opened a store in Kunming Golden Eagle Shopping Center. This is Gucci's first store in Yunnan Province and its second in southwest China.