Retailing, Franchising, and Consumerism Business Intelligence in China


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Suning, Midea Sign Binding Development Agreement

Electronics and home appliances retailer Suning and the home appliances maker Midea have reportedly signed a three-year strategic cooperating agreement, and the two parties will implement binding development over the next three years.

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Electronics Retail Profits Soar In China For Suning

Chinese home appliances and electronics retailer Suning has announced its performance report for the first quarter of 2011, stating that from January to March 2011, the company's operating revenue increased by 23.2% year-on-year to CNY20.58…

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Suning To Buy 27.36% Shares Of Japan's Laox

Chinese electronics retailer Suning has confirmed that the company will buy 66.67 million shares from the Japanese electronics retailer Laox at a price of JPY12 per share.