Business Intelligence on Retailing, Franchising, and Consumerism in China

GrandBuy To Open Its First Store In Shenzhen

The Guangzhou-based department store retailer GrandBuy has opened its first outlet in Shenzhen.

This was also GrandBuy's fourth department store to be opened in 2009, following those in Huizhou, Jieyang, and Maoming. Currently the company is operated 20 outlets under two department store brand names.

Located in Baoneng City Plaza, GrandBuy's Shenzhen outlet is a three-floor department store that covers a business area of 26,000 square meters. Integrating shopping and leisure, it will be established as a shopping plaza that provides various products, including cosmetics, watches, apparel, and home appliances. In addition, ancillary facilities like Starbucks will be introduced into this new department store.

A representative from GrandBuy told local media that the potential for business development and consumption is among the highest in Guangdong and GrandBuy's entry into Shenzhen is seen as a strategic move.

Be the first to comment on "GrandBuy To Open Its First Store In Shenzhen"

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Your email address will not be published.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