Retailing, Franchising, and Consumerism Business Intelligence in China

hefei




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China's Buynow Expands Despite Economic Crisis

Chinese electronics chain department store Buynow has announced plans to accelerate its deployment plans in 2009 with the company planning to open at least five large IT stores in such cities as Beijing, Shanghai, and…


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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…



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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%.


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Tesco Plans To Open More Stores In Hefei

According to Hefei Foreign Trade and Economic Cooperation Bureau, Tesco's first store in Hefei will start business by the end of 2008 and the company is planning to open another five stores in the city.