New Huadu Acquires Two E-Mart Stores For CNY9 Million In China
New Huadu has signed an agreement to buy two stores in China from South Korean retailer E-Mart.
New Huadu has signed an agreement to buy two stores in China from South Korean retailer E-Mart.
Chinese sportswear retailer Lining announced its performance expectations for 2011, stating that its revenue may decrease by as much as 7% compared with 2010 due to slow order increases and inventory problems of some distributors.
The Chinese high-end restaurant chain South Beauty has announced the opening of a new outlet in Tangshan, Hebei province, which is also the brand's first self-owned restaurant in the province.
According to McDonald's China, the international fast food chain opened 200 new restaurants in China in 2011, marking a new expansion record in the country.
Apple suspended the sale of its iPhone 4S smartphones in its Chinese retail outlets.
With the opening of additional six stores, Chinese supermarket operator Yonghui Superstores' retail outlets had reached 204 by the end of 2011.
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China Unicom, the exclusive operator partner for Apple's iPhone smartphones in China, has announced the contracted prices for iPhone 4S, starting at CNY5,880.
Chinese department store operator Wangfujing has opened a new shopping center in Chengdu, capital of Sichuan province.
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