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…
The Beijing-based supermarket, hypermarket, and convenience store retailer Jingkelong, has announced plans to open 40 new retail outlets in Beijing in 2009, in spite of the global economic downturn.
China Nepstar Chain Drugstore has strengthened its management team with new appointments, naming Ian Wade as co-chief executive officer and William Weili Dai as the new chief financial officer.
According to Wumart Stores' financial report for the first three quarters of 2008, the company made net profits of CNY409 million in this period , but the growth rate of its net profits in the…
The Beijing-based supermarket chain Jingkelong has published its financial report for the first three quarters of 2008, which said that by September 2008, the company's net profits had increased by 36.8% to CNY121.1 million.
Ren Ren Le, the Shenzhen-based retail chain, has recently signed a contract with Huijing New City, Xiang'an District, Xiamen to open a new store in 2010.
Beijing-based Wumart Stores — which has just announced plans to expand its business in East China — has decided to close one of its two stores in Shanghai.
According to statistics released from the 2008 Retailers Assembly held in Shanghai, over the past 30 years, the total retail sales of social consumer goods in Shanghai increased from CNY5.41 billion to CNY384.7 billion, an…
Wushang Bulk Sale Chain Company has announced the opening of its 25,000 square meter flagship store in Yichang — the largest supermarket in Hubei Province.
According to reports in local media, Tesco will locate its first energy-saving store in central China in Tianjin and the store is expected to be opened at the end of September 2008.