According to reports in French local media, French supermarket group Auchan announced its decision to leave China and sell its subsidiary and 484 stores, which are operated by Sun Art Retail, to Alibaba for EUR3…
Auchan China's general manager Shen Hui announced plans to depart the company and start a new career.
French retailing group Auchan has formally entered Jingdong Daojia, JD's O2O lifestyle service platform.
Japanese convenience store brand Lawson and Chinese third-party payment platform Alipay recently reached a deal to deploy mobile payment services at Lawson's retail stores.
International environmental organization Greenpeace is taking supermarkets in China to court over excessive use of pesticides.
According to Ding Hui, managing director for Inter Ikea Centre Group, the group has decided three shopping center projects in China with total investments of CNY10 billion, and it will further increase its investment in…
Taiwan-based supermarket retailer Rt-Mart has submitted an initial public offering application to Hong Kong Exchanges and Clearing Limited, aiming to get listed within 2011 and gain USD1 billion for store expansion.
Auchan has recently opened a 9,284-square-meter new store in Huayang, Chengdu, the first large supermarket in the area.
Taiwanese supermarket retailer Rt-Mart reportedly plans to raise up to USD800 million through an initial public offering in Hong Kong.
According to reports in local media, Taiwan-based supermarket retailer Rt-Mart plans to open its first outlet in Beijing and this new supermarket will be located in Beijng's Chinatown Shopping Plaza.