Business Intelligence on Retailing, Franchising, and Consumerism in China

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Beijing Hualian Retail Profits Down 47.49% In 2008

Beijing-based supermarket and department store retailer Hualian has published its annual report for 2008, which states that its revenue increased by 16.43% to CNY8.618 billion in the period while its profits decreased by 47.49% to…

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McDonald's Teams Up With BuBuGao In Hunan

McDonald's China has signed an agreement with BuBuGao Trade Chain establishing a strategic alliance in their future development and the two companies will jointly open four fast food restaurants in Hunan in 2009.

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