Supermarkets

New Huadu Acquires Two E-Mart Stores For CNY9 Million In China

January 31, 2012

New Huadu has signed an agreement to buy two stores in China from South Korean retailer E-Mart.



Lianhua Supermarket to Build Large Logistics Base In Shanghai

December 22, 2011

Chinese supermarket retail chain operator Lianhua Supermarket Holdings Company Limited announced plans to invest over CNY800 million to build a large modern logistics system in Jiading, Shanghai.



Fujian New Huadu Plans To Acquire Six E-Mart Stores For CNY125 Million

November 9, 2011

Fujian New Huadu Supermarket Company Limited has published a report, stating that it plans to invest CNY125 million to acquire the entire stake in four foreign-owned enterprises of E-Mart.



Beijing Jingkelong Revenue Up 16% In Q3 2011

November 8, 2011

Beijing-based supermarket retailer Jingkelong has published its financial report for the third quarter of 2011, stating that it gained revenue of CNY2.3 billion during the reporting period, a year-on-year increase of 16.28%.



Wal-Mart China CEO Resigns

October 23, 2011

Wal-Mart has announced that its Chinese president and chief executive officer, Chen Yaochang, has resigned.



Yonghui Superstores To Build Logistics Center In Northeast China

September 28, 2011

Chinese supermarkets operator Yonghui Superstores has signed a framework agreement with the People's Government of Yuhong, Shenyang, to build a new logistics center in this provincial capital of Liaoning province.