Yonghui Supermarket Added 205 New Stores In 2019
According to reports in Chinese local media, Yonghui Supermarket added 205 new stores in 2019, achieving store expansion for six consecutive years.
Supermarkets
Metro Opened First Store In Guiyang
Metro China, which was acquired by China's Wu-Mart, continues to accelerate its business expansion and further developed the southwestern market by opening its first store in Guiyang, Guizhou Province.
Wal-Mart China To Add 500 Stores And Cloud Warehouses In Next Five To Seven Years
Wal-Mart China announced at its annual developer conference that over the next five to seven years, they plan to open 500 new stores and cloud warehouses, covering Wal-Mart Shopping Mall, Sam's Club, and community store.
Aldi To Open First Two Stores In China On June 7
According to reports in Chinese local media, Aldi will formally open its first two Chinese stores in Shanghai on June 7, 2019.
Keytone Dairy, RT-Mart Sign Sale Agreement
According to reports in Chinese local media, New Zealand dairy manufacturer Keytone Dairy recently signed a sale agreement with RT-Mart, aiming to expand the Chinese market.
Yonghui Opened Bravo YH Supermarket In Hefei
With a total area of nearly 5,000 square meters, Bravo YH Hefei Vanke Square store was opened on July 5, 2019.
Suning To Acquire 80% Stake In Carrefour China For CNY4.8 Billion
Suning.com recently published an announcement, stating that the group's wholly-owned subsidiary Suning International Group Co., Limited has signed a share purchase agreement with Carrefour Nederland B.V. and Carrefour S.A.
Wal-Mart To Open Eight Sam's Clubs In Beijing
According to reports in Chinese local media, Wal-Mart recently announced its plans to open eight Sam's Club stores in Beijing.
BingoBox Gains CNY100 Million Investment
24-hour cashier-free convenience store chain BingoBox has completed its series A round financing of over CNY100 million.
Alibaba To Acquire 18% Stake In Lianhua Supermarket
Chinese e-commerce group Alibaba and the Internet fresh food platform Yiguo signed an equity transfer contract, under which Alibaba will purchase 18% shares of Lianhua Supermarket from Yiguo.