Retailing, Franchising, and Consumerism Business Intelligence in China

February 2007

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Leroy Merlin Unveils New Store In Beijing

Leroy Merlin, the world's fourth largest home furnishings retailer based in France, has recently reached an agreement with Beijing Chemistry Industry Company to open a new store in Beijing in August 2007.

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Suguo Saw High Earnings During Spring Festival Holiday

Suguo Supermarket Company has achieved sales of RMB800 million during the Spring Festival holiday, which the company says symbolizes that the standard of living and consumption of Chinese citizens has improved.

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Best Buy To Open More Stores In China

North America's largest home appliance chain retailer Best Buy announced that it will open more stores in China at the rate of about 10% a year.

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Whale Inside To Expand In China

Whale Inside, Asia's first "dark restaurant", has opened its first China outlet in Beijing's Jianwai SOHO compound and will open about ten other Whale Inside restaurants in mainland China in the next two years.