October 2006

International retail giant Carrefour has opened its 1000th worldwide store on the outskirts of Beijing in Tongzhou.

Shenzhen Development Bank, Wal-Mart and GE Money have together announced the issuance of the co-branded Wal-Mart Changxiang Card, in the Wal-Mart Supercenter, Xiangmihu Store in Shenzhen.

Avon says its revenue in China grew 9%, despite the exit of company-run store counters, which had a negative 10-point impact on the company's quarter's revenue growth.

Home furnishing chain Markor Home Furnishings has signed a contract with Galaxy the Third Space, an original creative lifestyle space of Galaxy Real Estate, to open Markor's first southern China store in Shenzhen.

Shimao Property has announced the establishment of an alliance with eight global retailing giants including McDonald's, Parkson, Decathlon, Starbucks, Watsons and Vanguard.

Korea-based coffee chain Minto is going to enter China and open its first cafe in Chengdu, Sichuan Province at the end of this year.

Shanghai Goldtex Clothing and Bag Company has purchased the Master Franchise for China to the luxury boating club concept Leisure Boating Australia. The first two franchised clubs will open in Shanghai within the next six…

Papa John's has announced the opening of its 45th pizza outlet in China. The new outlet is located in Shanghai.

Fan Zhijun, general manager of home appliance retailer Suning in north China, has announced that Suning will finally open its Madian store in Beijing next month after four years of preparation.

Starbucks has acquired from H&Q Asia Pacific and other shareholders ownership of High Grown Investment Group Limited, which in turn is the controlling shareholder of Beijing Mei Da Coffee Company, the operator of over 60…