Business Intelligence on Retailing, Franchising, and Consumerism in China

Tesco To Open Second Energy-saving Store In Shanghai

British retail giant Tesco has announced that its second energy-saving store in Shanghai, Wanda Zhoupu store, will be opened in September 2009.

This will also be Tesco's first outlet to open after it registered in Shanghai as a foreign company. With the opening of this new store, Tesco will have 19 stores in Shanghai and 66 in China.

Located on Hunan Road, the new Tesco Wanda Zhoupu store will cover a total construction area of 18,000 square meters, providing about 20,000 kinds of products as well as Tesco's own brand products. This new store is expected to save 25% energy compared with a normal store of such a scale.

Meanwhile, the store will provide convenient services such as free shopping shuttles to consumers. In addition, it will bring about 1,000 new jobs to ease the local employment pressure.

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