Business Intelligence on Retailing, Franchising, and Consumerism in China

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Chinese Electronics Retailer Boosts Profits

Chinese electronics and home appliances retailer Gome has published its annual results for 2011, stating that sales in its listed company increased by 17.5% year-on-year to CNY59.821 billion, while its gross profit increased by 16%…


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Carrefour's Dia To Enter Hefei

Carrefour's wholly-owned Dia convenience store chain has signed an agreement with Anhui-based Everyone International to jointly develop the Anhui market by opening new Dia retail stores.


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China's Gome Posts 34.45% Rise In Profits For 2009

Chinese home appliances and electronics retailer Gome Electrical Appliance Holdings Limited has published its annual financial report for 2009, stating that its net profit increased by 34.45% year-on-year CNY1.048 billion to CNY1.409 billion; but its…






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