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.
French retail giant Carrefour officially launched its online store in Beijing. The e-commerce site integrates store delivery, multiple payment methods, dual-language services, and return and exchange at all stores.
Carrefour's largest flagship store in Asia opened at Siyuanqiao in Beijing and the store is also the French retailer's first self-owned property store in China.
French retailer Carrefour realized sales of about EUR21.5 billion in the third quarter of 2015, a year-on-year increase of 4.2%; meanwhile, its sales in China decreased by 11.2%.
Japanese convenience store brand Lawson and Chinese third-party payment platform Alipay recently reached a deal to deploy mobile payment services at Lawson's retail stores.
The world's leading supermarket retailer Carrefour announced that the company will enhance investments in logistics distribution centers in mainland China over the next two years.
Savills has signed an agreement with Carrefour to provide exclusive store recruitment services to Siyuan Plaza, Carrefour's first shopping center in China.
Beijing-based supermarket retailer Jingkelong published its semi-annual performance report, stating that its net profit decreased by 37.7% from CNY77.632 million in the same period of 2012 to CNY48.365 million.
French retailer Carrefour has added a new greater central region department in China.
French supermarket retailer Carrefour has spent CNY5 million to build a new food safety testing center in Shanghai.