Retailing, Franchising, and Consumerism Business Intelligence in China

May 2014

Wal-Mart Plans 30 New Chinese Stores In 2014

Wal-Mart China will open about 30 high-quality stores and more distribution centers as an important step for its three-year development plan announced in October 2013, according to a recent company statement.

Wal-Mart Announces Management Changes In Asia

Scott Price, current president and chief executive officer of Wal-Mart Asia, will be transferred to Wal-Mart's global headquarters in Bentonville, Arkansas, to be executive vice president and senior management executive, leading international strategy and development,…

South Beauty Acquired By CVC

Private equity and investment advisory firm CVC Capital Partners announced that they have gained the approval of related authorities to acquire the Sichuan cuisine restaurant brand South Beauty.