New Huadu Acquires Two E-Mart Stores For CNY9 Million In China
January 31, 2012New Huadu has signed an agreement to buy two stores in China from South Korean retailer E-Mart.
Supermarkets
Lianhua Supermarket to Build Large Logistics Base In Shanghai
December 22, 2011Chinese 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, 2011Fujian 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, 2011Beijing-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%.
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, 2011Chinese 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.
