Wangfujing Reports Net Profit Decline
Chinese department store retailer Wangfujing reported its financial situation for the first quarter of 2016, and the news was not great.
Chinese department store retailer Wangfujing reported its financial situation for the first quarter of 2016, and the news was not great.
Is it becoming more difficult to be a retailer in China? Aeon's latest financial report shows a profit drop attributed to higher costs in opening new stores.
Japanese food giant Calbee thinks the Chinese retail market is too big to ignore, so it's adjusting its investment strategy to return to the Middle Kingdom with a new joint venture.
Chinese home appliances group Midea has signed a memorandum of understanding with Toshiba to acquire the white goods business of the Japanese company.
China's Huawei will soon open its first smartphone service experience store in Japan, but this store will not directly sell the phones.
Chinese electronics and home appliances retailer Gome reached a deal with Japanese retailer BIC Camera for the sale of overseas products in Gome's physical stores as well as on its e-commerce platform.
Suning's controlling subsidiary Laox is accelerating the realization of its international strategy and the company opened eight new stores in September 2015, reaching a total of 30 stores in Japan.
Japanese convenience store brand Lawson and Chinese third-party payment platform Alipay recently reached a deal to deploy mobile payment services at Lawson's retail stores.
L'Occitane, international retailer of body, face, fragrances and home products based in Manosque, France, published its sales performance for the first quarter of the 2016 financial year, stating that by June 30, 2015, the company's…
Japanese apparel retailer Uniqlo ceased operations of its flagship store on JD.com on July 20, 2015, after only three months of operation.