Chengdu Sets Up Retailers Association
Retail enterprises in Chengdu have recently set up their own industry organization: Chengdu Retailers Association.
Retail enterprises in Chengdu have recently set up their own industry organization: Chengdu Retailers Association.
According to statistics published by Beijing Committee of Commerce (the former Beijing Bureau of Commerce) during the five days around the Qing Ming Festival, 35 Beijing retailers realized total sales of CNY444 million, a year-on-year…
Beijing-based supermarket and department store retailer Hualian has published its annual report for 2008, which states that its revenue increased by 16.43% to CNY8.618 billion in the period while its profits decreased by 47.49% to…
Chinese retailer Ren Ren Le has opened its first store in Xiamen, Fujian and this store is expected to start trial operations at the end of March 2009.
Xiamen Zhongshan Laiya Department Store's 41 suppliers have formed an alliance to launch a lawsuit against the bankrupt department store and the case has been accepted by the People's Court of Siming District, Xiamen.
According to Zheng Wanhe, the chairman of Wangfujing Department Store, the company will take the downturn in the market as a period of expansion for Wangfujing and open four or five new outlets around China…
Beijing Hualian Department Store Company has published a report which says that the company will issue CNY830 million in additional shares to its shareholder Beijing Hualian Group Investment Holding Company to acquire the group's five…
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 supermarket chain QKL Stores announced the opening of two new supermarkets in Heilongjiang and Inner Mongolia, respectively.
Shandong-based Inzone has opened a new store at Jining Culture Square, which is the retail chain's second outlet in the city.