The Guangzhou-based department store retailer GrandBuy has opened its first outlet in Shenzhen.

Guangzhou Grandbuy Company, which has opened its first outlet in Huizhou, is the first Guangzhou-based department store to enter the Huizhou market.

After the entry of Hongcheng Building and Hongkelong, another large department store brand Rainbow Department Store will open a new outlet in Nanchang's Honggu Beach.

First Financial Daily has reported that Mao Jiankang, former general manager of Lianhua's south China area, will be transferred to Shanghai headquarters, and Wang Keqiang, current general manager of the southwest area, will become the general manager of the two areas.

Aeon (Shenzhen), the owner of Jusco, plans to develop its business in a new field. It will reportedly enter the shopping mall sector and open its first mall in Huizhou.