Five Star Appliance and Haier announced a strategic deal that aims to build 50 brand image stores in 2017.
European supermarket chain Metro plans to open its first store in Jinan, Shandong province in August 2017.
Private equity firm Lion Capital and Chinese listed company Shandong Ruyi Group plan to acquire French apparel group SMCP.
According to Jeroen de Groot, China president of the German retail giant Metro AG, the group will launch a new food service distribution platform which will provide food customized procurement and processing services to hotels…
Latest statistics revealed by China Gold Association showed that during 2013, China's gold consumption was over 1,000 tons for the first time, reaching 1,176.4 tons.
According to Yu Gang, chairman of Yihaodian.com, this Chinese B2C e-commerce website realized sales of CNY11.54 billion in 2013.
Switzerland-headquartered food and beverage company Nestle announced that the company has opened two new food manufacturing plants in China's Shandong and Anhui, respectively, representing its confidence in the Chinese market.
Lawsuits have been filed against KFC's parent company Yum! Brands Inc. by multiple entities in the U.S. over alleged breaches of fiduciary duties, insider selling, misrepresentations, and lack of disclosure related to claims that certain…
In 2012, China's nationwide home appliances rural project subsidy scheme, excluding provinces and cities like Shandong, Henan, Sichuan, and Qingdao, achieved sales of 79.913 million units, a year-on-year increase of 22.6%; and the total sales…
German retail giant Metro AG announced the opening of its 64th Chinese supermarket in Huangdao district of Qingdao, Shandong province.