With the opening of additional six stores, Chinese supermarket operator Yonghui Superstores' retail outlets had reached 204 by the end of 2011.

Chinese department store operator Wangfujing has opened a new shopping center in Chengdu, capital of Sichuan province.

China's Yanjing Beer Group has announced its performance report for the third quarter of 2011, stating that from January to September 2011, the company realized operating revenue of CNY10.374 billion, a year-on-year increase of 15.83%.

Wal-Mart has announced that its Chinese president and chief executive officer, Chen Yaochang, has resigned.

Beijing Wangfujing Department Store (Group) Company Ltd has published its semi-annual financial report for the first half of 2011, stating that its revenue increased by 23.98%.

To expand in the Chinese market, Italian fashion brand Sergio Rossi has announced plans to buy back five franchised stores in China from Kutu Trading, its cooperating partner in Shanghai.