Chinese supermarket chain retailer Yonghui Supermarket has decided to build a supply chain industrial park in Sichuan's Pengzhou city, with a total investment of CNY1 billion.
Chinese supermarket operator Yonghui is banking on the increased spending power of Chinese consumers.
Chinese B2C e-commerce provider JD Group and supermarket retailer Yonghui Supermarket announced an O2O strategic agreement under which JD Group will acquire a 10% stake in Yonghui Supermarket for CNY4.3 billion.
Dairy Farm International Holdings Ltd. announced that its acquisition of 19.99% stake in Yonghui Supermarket officially obtained regulatory approvals in China.
Wuhan-headquartered Zhongbai Holdings Group and supermarket chain retailer Yonghui Supermarket have signed a strategic cooperation framework agreement to implement work in resources, networks, information, and logistics to jointly develop their core businesses.
Asia's leading retail group Dairy Farm International Holdings Ltd announced plans to acquire a 20% stake in Yonghui, a Chinese supermarket chain, for CNY5.69 billion.
Chinese supermarket operator Yonghui revealed that the company is preparing for two new outlets in Shanghai, and they are expected to open at the end of December 2013.
According to Luo Wenxia, vice president of Yonghui Supermarket, the company plans to open six stores at Wanda Plazas in 2013.
Chinese supermarket retailer Yonghui Superstores has announced its financial reports for the year of 2011 and the first quarter of 2012.
New Huadu has signed an agreement to buy two stores in China from South Korean retailer E-Mart.