Chinese retail information solutions provider Changyi Technologies has set up a strategic partnership with the retail solutions provider Retalix, to provide more advanced information technology to Chinese retail enterprises.

The Sweden-headquartered furniture retailer Ikea has confirmed that it will open its second outlet in Beijing in Xihongmen, Daxing district.

Swedish furniture retail giant Ikea has announced that it will close its trade offices in Chengdu, Wuhan, and Xiamen and employees in these three offices will be dismissed.

Hong Kong-based health and beauty products retail chain Mannings has made a low-key entry into the Beijing market.

Although affected by the global financial crisis, the home supplies retailer Ikea does not seem to intend to slow its expansion in China and the company's vice president for Ikea China, Gillian Drakeford, revealed that Ikea's second store in Shanghai would be opened in Pudong in 2010, incerasing the total number of Ikea stores in [...]

All fingers are pointing at China for bringing big financial losses to Kingfisher plc, one of Europe and Asia's largest home improvement retail groups.