With the opening of additional six stores, Chinese supermarket operator Yonghui Superstores' retail outlets had reached 204 by the end of 2011.

Wal-Mart has announced that its Chinese president and chief executive officer, Chen Yaochang, has resigned.

The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has completed its A-round financing and gained nearly CNY100 million investments from four organizations in China.

Beijing Wangfujing Department Store (Group) Company Ltd has published its semi-annual financial report for the first half of 2011, stating that its revenue increased by 23.98%.

Starbucks announced that it has signed an agreement with Hong Kong Maxim's Caterers Limited, Starbucks' joint venture partner in southern China, to gain a 100% stake in over half of Starbucks coffee shops in mainland China.

Chinese home appliances and electronics retailer Suning has appointed Hou Enlong, former head of Suning Chongqing, as new general manager of Suning Beijing.