While expanding into the Chinese market via acquisitions, South Korean retail giant Lotte Mart also plans to accelerate the opening of new stores and said it plans to open 10 new outlets in China before…
Zippo, the international brand known for its windproof lighters, is expanding into the American-style men's apparel and accessories market and its first apparel store in China has opened at Wanda Plaza in Qingdao.
Japanese supermarket giant Aeon and Japan's leading food wholesaler Mitsubishi Shokuhin will team to operate food-oriented supermarkets in China.
The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has completed its A-round financing and gained nearly CNY100 million investments from four organizations in China.
According to China's Ministry of Commerce, sales of home appliances in the country's rural areas in January 2011 passed 10 million units in a single month for the first time.
Chinese telecom operator China Unicom and Five Star Appliance, Best Buy's electronics retail subsidiary in China, have signed a strategic cooperation agreement covering various services of China Unicom.
PVH Apparel Group has announced that its Izod brand has entered the Chinese market and plans to open 3,000 stores in the country in the next five years.
Chinese telecom operator China Unicom and Five Star Appliance, Best Buy's electronics retail subsidiary in China, have signed a strategic cooperation agreement covering various services of China Unicom.
Carrefour's wholly-owned Dia convenience store chain has signed an agreement with Anhui-based Everyone International to jointly develop the Anhui market by opening new Dia retail stores.
According to reports in the Japanese local media, the Japanese apparel giant Renown has announced plans to establish a joint venture with the Shandong-based textile company Ruyi Group in Beijing.