Business Intelligence on Retailing, Franchising, and Consumerism in China

Shenzhen Rainbow To Open Department Store In Beijing

Shenzhen Rainbow Department Store has announced that the company signed a leasing contract with Beijing Runbo Real Estate to open a department store in Lan Valley International.

Located on the southern side of the Shoupakou Bridge, Guang'anmenwai Street, Xuanwu District, the new department store will be Rainbow's first project in Beijing and is reported to be the company's 34th store. With four floors and a total area of more than 30,000 square meters, it is expected to start operation in the first half of 2009.

According to a representative from Rainbow, the location of the new store focuses on development in Xuanwu District. In this area, more and more high-end projects, including Hilton Hotel, and high-end consumers are gathering, creating a concentration of commercial activities and a large potential market.

Be the first to comment on "Shenzhen Rainbow To Open Department Store In Beijing"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco