Retailing, Franchising, and Consumerism Business Intelligence in China


China's Wanda To Acquire Largest Cinema In Europe

American cinema operator AMC Entertainment Holdings, a subsidiary of China's Wanda, announced that they will invest GBP921 million, which is about CNY8.01 billion, to acquire Odeon & UCI Cinemas Group from the private equity firm…

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Tesco To Open New Outlet In Hexi, Nanjing

The British supermarket giant Tesco has signed a contract with Nanjing Wanda Plaza to open a new Tesco supermarket in Hexi New City, Nanjing, with an expected opening date of December 18, 2009.