Posts Tagged ‘ East China ’

Wumart Closes Store In Shanghai

Oct 17th, 2008 | By ChinaRetailNews.com Editor | Category: Supermarkets

Beijing-based Wumart Stores — which has just announced plans to expand its business in East China — has decided to close one of its two stores in Shanghai.



Wumart To Buy Shares Of Zhejiang Supply And Marketing Supermarket

Sep 3rd, 2008 | By ChinaRetailNews.com Editor | Category: Supermarkets

Wumart Stores, Inc. has announced that Hangzhou Tiantian Wumart Commerce Co., Ltd., a wholly owned subsidiary of the company, will acquire a 85% stake of Shaoxing Shangchao Investment Co., Ltd. for CNY151,177 million, giving Wumart indirect ownership of 54.09% of shares of Zhejiang Supply and Marketing Supermarket.



Mannings Opens First Shop In Shanghai

Aug 4th, 2008 | By ChinaRetailNews.com Editor | Category: FMCG

Mannings, the Hong Kong retail giant, has opened its first shop in Shanghai, marking the beginning of the company's expansion in mainland China.