Parkson Sales Up 12% In H1 2009
Beijing-based department store chain Parkson Retail Group has published its financial report for the first half of 2009.
August 2009
Gome Net Profit Down 49.57% In H1 2009
Chinese home appliance retailer Gome has published its financial report for the first half of 2009 and states that its net profit decreased by 49.57% year-on-year to CNY580 million.
Rt-Mart To Open Four New Stores In Kunming
The second business delegation from Kunming to Taiwan has signed an agreement with Kangcheng Investment of Ruentex Group on the joint development of four new Rt-Mart supermarkets in Kunming.
Wal-Mart's First Guangzhou Outlet Opens In November
Retail giant Wal-Mart will open its first outlet in Guangzhou in November 2009.
Carrefour China To Invest CNY60 Million In Energy Conservation
According to a representative from the asset engineering department of Carrefour China, the French-headquartered retailer plans to invest between CNY50 million and CNY60 million in energy-saving renovation in its Chinese outlets in 2010.
China's Buynow Online Store Goes Live
Chinese technology products retail chain Buynow has formally launched its online store Buynow.com.cn after a long period of preparation.
L'Oreal Eyes China's Mass Shampoo Market
L'Oreal Group, one of the world's largest cosmetics companies, has announced plans to enter China's mass shampoo market.
Withdrawal Of 26 Substandard Commodities In Beijing
Beijing Administration for Industry and Commerce has exposed 26 kinds of substandard commodities and asked sellers to withdraw them from sale.
Jingkelong Revenue Down 3% In H1 2009
Beijing-based supermarket retailer Jingkelong has published its financial report for the first half of 2009, stating that its revenue decreased by 3% year-on-year to CNY3.249 billion.
Isetan Mitsukoshi To Open Five New Stores In Mainland China
Japanese department store retailer Isetan Mitsukoshi Holdings has decided to expand its network in mainland China by adding five new large-scale stores before 2014.