Seven & I Holdings, parent company of Ito Yokado, will accelerate store expansion in the Chinese mainland market and plans to have 20 stores by 2020, tripling their current number in China.Read More
Chinese supermarket operator Yonghui is banking on the increased spending power of Chinese consumers.
Beijing-based supermarket operator Wumart Group and Guangzhou-headquartered Evergrande Group signed a strategic cooperation agreement in Guangzhou.
The Internet fresh food platform Yiguo has invested HKD950 million into Lianhua. This now makes Yiguo the second largest shareholder of this Chinese supermarket chain operator.
Carrefour's Hubei regional office announced the launch of its Carrefour online store, which is the online-to-offline business of this French retailer.
German supermarket chain Aldi plans to enter China and other Asian markets with Australia as its springboard in the hemisphere.
Chinese online grocery and delivery firm New Dada and Wal-Mart jointly announced that Wal-Mart has made a strategic investment of USD50 million into New Dada and the two parties will have a strategic cooperation.
Wal-Mart nearly doubled its investment in Chinese e-commerce platform JD.com and its shareholding scale increased from 5.9% to 10.8%.
The world's leading supermarket retailer Wal-Mart said that they are optimistic about their development in Yunnan province and will continue to enhance investment and construction to open four new outlets in the southern Chinese province,…
Due to the strong performance of its Chinese stores during the Chinese New Year, Wal-Mart China's total sales increased by 5.1% in the company's latest reporting period.