First Financial Daily has reported that Mao Jiankang, former general manager of Lianhua's south China area, will be transferred to Shanghai headquarters, and Wang Keqiang, current general manager of the southwest area, will become the general manager of the two areas. Read More >
Tesco, one of the world's top retailers, will open its first Shenzhen store in Longgang District today. Read More >
Having already entered Changsha for about seven years, Metro, the world retail giant, has finally decided to open its second store in the city. Read More >
To make consumers quickly get used to the days without free plastics bags, 17 shopping malls and supermarkets in Beijing, including Wangfujing Department Store, Cuiwei Plaza, Wal-Mart, Chaoshifa and Wu-mart, jointly launched an initiative under the theme of "Using Less Plastic Bags and Protect the Earth's Environment". Read More >
After taking the position of COO of Trust-Mart for a year, Meng Yongming will formally resign on April 30. Read More >
Lianhua Supermarket announced its annual results for the year ending December 31, 2007 with turnover reaching RMB18.09 billion, an increase of 10% over the previous year. Read More >
Li Jinyuan, president of Tiens Group, told First Financial Daily that BannerStore, a supermarket brand owned by Tiens Group, will start its global expansion in 2008. Read More >
China's Ministry of Commerce has drafted a rule on the use of paid plastic bags and is soliciting suggestions for the rule across the country. As part of the rule, the Ministry of Commerce will punish supermarkets and shopping malls that provide free plastic bags to consumers after this rule is enacted on June 1, 2008. Read More >
Eighteen Taiwanese senior executives of Trust-Mart have been fired. This is the biggest firing incident for Taiwanese senior executives after Trust-Mart was acquired by Wal-Mart and it has reportedly caused great internal repercussions in the supermarket. Read More >
Lee Scott, chief executive of Wal-Mart, says that Wal-Mart will meet its thousands of Chinese suppliers in fall this year to advocate energy saving and emissions control. Read More >





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