Greenpeace Accuses Wal-Mart Of Selling GM Rice In China
According to a report released by the global environmental organization Greenpeace, the U.S.-based retail giant Wal-Mart has been selling genetically modified rice in China.
Changsha
Suning Opening 78 New Stores In China By End 2009
Chinese electronics retailer Suning has announced plans to open 78 stores in December, including 41 new stores and 37 that will be reopened after renovations.
Specialty Stamp Shop Opens In Changsha
With the approval of China Post, a speciality postage stamp shop has been opened in Changsha, Hunan.
Wal-Mart China Begins Management Reorganization
Wal-Mart China is said to have begun a program to optimize the structure of its middle level management.
Parkson To Close Two Stores In China
Department store retail group Parkson has announced that it plans to close two outlets in Beijing and Changsha, citing retail area and lack of sales.
AutaSon Opens Store At Maison Mode Changsha
The French male apparel brand AutaSon has opened a flagship store at the Maison Mode Changsha, marking the overall opening of all the stores on the first floor of the department store.
Suning To Open At Least 10 New Stores In Hunan In 2009
Jiang Yong, vice president for Suning Appliance, said at a meeting held in Changsha, Hunan that the company would maintain a rapid and stable growth in 2009 by opening at least 200 new stores across…
McDonald's Teams Up With BuBuGao In Hunan
McDonald's China has signed an agreement with BuBuGao Trade Chain establishing a strategic alliance in their future development and the two companies will jointly open four fast food restaurants in Hunan in 2009.
Chinese Wowo Gets USD10 Million Funds From ARC
The Sichuan-based convenience store chain Wowo has received a USD10 million investment from the private equity firm ARC Investment Partners and the Chinese retailer is now preparing for listing on Nasdaq to become the first…
Xtep Plans To Open 1,100 New Stores In 2008
Xtep, the Fujian-based sports apparel brand, has published its financial report, which says that by June 30, 2008, the company has made net profits of CNY255 million, a year-on-year increase of 214%.