Carrefour China Sales Decline 11.2% In Q3 2015
French retailer Carrefour realized sales of about EUR21.5 billion in the third quarter of 2015, a year-on-year increase of 4.2%; meanwhile, its sales in China decreased by 11.2%.
October 2015
Beibei.com To Invest CNY500 Million To Support 1,000 Brands
Maternal and child supplies e-commerce site Beibei.com announced that they will invest CNY500 million in the next 12 months to support 1,000 quality brands which have monthly sales of over CNY1 million.
Yum Separates China Businesses
The world's leading food and beverage group Yum! Brands, Inc. announced that the company will separate its China businesses.
Dutch Supermarket Giant Opens Flagship Chinese E-commerce Store
Dutch leading supermarket chain Albert Heijn has opened its official flagship store on Tmall's international site Tmall.hk.
China's Bright Food Group Acquires Spain's Miquel
China's Bright Food Group announced in Barcelona that the group has completed its acquisition of Miquel Alimentacio, a food distributor in Spain.
China's Suning Laox Opened Eight New Japanese Stores Last Month
Suning's controlling subsidiary Laox is accelerating the realization of its international strategy and the company opened eight new stores in September 2015, reaching a total of 30 stores in Japan.