Posts Tagged ‘ UK ’

Haier Invests USD15 Million To Enter Department Store Retail Market

Oct 25th, 2011 | By | Category: Department Stores, Electronics

China's Haier Electronics Group announced that it will invest initial capital of USD15 million to set up a joint venture with Home Retail Group to develop department store retail business on the Chinese mainland under the brand of Argos.



Wal-Mart China CEO Resigns

Oct 23rd, 2011 | By | Category: Law & Order, Supermarkets

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



Mofcom Inks Deal With Tesco For Sustainable Retail Development

May 4th, 2011 | By | Category: Supermarkets

British retail giant Tesco has signed a letter of intent with the Department of Commercial Services Administration of the Ministry of Commerce of China to jointly promote the sustainable development of the Chinese retail industry.



Tesco China To Reduce Carbon Emission By 10% In 2010 Fiscal Year

Sep 20th, 2010 | By | Category: Business, Supermarkets

The UK-headquartered retailer Tesco has held its first forum for climate change and the sustainable development of the retail industry in Shanghai, announcing that it plans to reduce the carbon emission of its Chinese business by 10% in the 2010 fiscal year.



Wal-Mart To Launch E-commerce Business In China

Apr 6th, 2010 | By | Category: Supermarkets

According to reports in the Financial Times, Wal-Mart, the world's largest retailer, plans to launch e-commerce businesses in China and Japan, and it is currently establishing the technology platform.



New President For P&G Greater China

Mar 25th, 2010 | By | Category: FMCG

News from Procter & Gamble is that Daniela Riccardi, its president for Greater China, will leave the company and will be replaced by Shannan Stevenson, the current vice president for P&G's Western Europe Laundry division.