Having already fed the Chinese market for over 20 years, the international fast food giant McDonald's has now announced plans to update its brand concept and will soon start to provide free wireless Internet services…
The British retailer Tesco has opened its first hypermarket in China's Anhui province: on Suixi Road in Luyang district, Hefei.
China Resources Vanguard, the hypermarket subsidiary of China Resources (Holdings) Company, has opened the final outlet in its expansion plan for Guangzhou in 2009 and is looking to open around 360 new outlets in 2010.
The South Korean retailer, Lotte Mart, has opened its first hypermarket in Beijing at Gongyi Xiqiao.
British retail giant Tesco's first hypermarket in Fujian province will be opened in Xiamen soon.
According to a report in Britain's The Times, the British retailer Tesco will build its first shopping center in Fushun, Liaoning province, to expand its business in the Chinese market.
Lotte Mart, the wholly-owned supermarket subsidiary of the Korean Lotte Group, has signed a contract with Tianjin Beichen Construction and Development Company to jointly build a hypermarket in Beichen, Tianjin.
Beijing-based retailer Jingkelong has published its annual report for 2008, which states that its total revenue increased by 18.7% year-on-year to CNY6.694 billion while its net profit increased by 25.8% year-on-year to CNY157 million.
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.
The British retail giant Tesco has announced that it will open its first outlet in Fushun, Liaoning, before the end of February 2009.