According to Masaaki Kanai, the CEO of Ryohin Keikaku, despite the gloomy global economy the company plans to increase the number of its Muji stores in China to 30 by the end of 2010.

The Chinese IT products retailer Buynow has opened a flagship store at Yuexiu Shopping Square in Beijing.

According to the Bureau of Foreign Trade and Economic Cooperation of Qingdao, Ministop Co., Ltd, a subsidiary of the Japanese retail giant Aeon, will open 24-hour convenience stores in Qingdao, making Ministop the first foreign 24-hour convenience store brand in Qingdao.

According to the half-yearly report from Gome, although affected by the May 12 earthquake in the second quarter of 2008, the electrical retailer still made net profits of CNY1.15 billion in the first half of 2008, nearly double that for the same period in 2007.

Suning Appliance has launched a share bonus plan for 2008, which says the company will give 43.76 million stock options, accounting for 2.93% of its total shares, to its senior executives as incentives.

According to Eric Legros, president and CEO of Carrefour China, all the 14 Carrefour stores in Shanghai have completed their energy saving transformation.