Li Yaohan, senior vice president of Wanda Group, told First Financial Daily that Wanqian Department, a wholly-owned subsidiary of Wanda Group, has opened three stores within half a year and it plans to open more than 15 stores in the coming three years, realizing an annual revenue of RMB2 billion. Read More >

Maoye International Holding Limited, a big department store group and shareholder of Chengshang Group, has been listed in Hong Kong. Read More >

Aeon (Shenzhen), the owner of Jusco, plans to develop its business in a new field. It will reportedly enter the shopping mall sector and open its first mall in Huizhou. Read More >

According to Chongqing Economic Commission, the first clothing outlets in western China will be opened in Chongqing in June 2008. Read More >

eFuture announced the successful deployment of its POS-ERP back-office system at Beijing Wangfujing Department Store (Group) Company. Read More >

Hengguang International China Shopping Plaza is planning to open 25 stores in the second and third tier cities by the end of 2010. Read More >

Aeon will acquire 35% of the shares of Jusco's five comprehensive department stores in Shenzhen for RMB94.5 million. After the acquisition, the five department stores will be fully owned by the Japanese company. Read More >

Chinese home appliance chain store Gome and the shopping mall company Bailian Group have become strategic partners, allowing Gome to enter the shopping malls and stores owned by Bailian. Read More >

The international retailer Carrefour has has opened an energy saving store in Guanggu, Wuhan, making it Carrefour's first energy saving store in China. Read More >

Focus Media will acquire CGEN Digital Media Company Limited, an operator of an in-store digital advertising network in China. Read More >