Qianmen Street Stores Reopen In Beijing
Chongwen district in Beijing has announced that, following renovation, Qianmen street will re-open at 11:08 on September 28, 2009, and the 103 stores along the street will all be open for business.
Chongwen district in Beijing has announced that, following renovation, Qianmen street will re-open at 11:08 on September 28, 2009, and the 103 stores along the street will all be open for business.
Swedish apparel retailer H&M has announced plans to vigorously expand in the Chinese market during 2009 by opening five new specialty stores in Beijing, Shanghai, and Hong Kong.
Hembly International Holdings plans to sell its 83.33% stake in a distribution and retail company on the Chinese mainland for CNY100 million, regardless of a loss of CNY50 million resulting from this transaction.
Ikea's Nanjing store, located at the east of Kazimen Square, was formally opened on August 28.
Having opened stores in Beijing, Shanghai, Guangzhou and Chengdu, Ikea, the Swedish household retailer, plans to open a new store in Wuhan.