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08/20/2010 |
Wal-Mart Supplier Li & Fung Offers $901 Million for Distribution Company
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Li & Fung Ltd., the biggest supplier to retailers including Wal-Mart Stores Inc., is offering about HK$7 billion ($901 million) for a distribution c...... |
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08/18/2010 |
Wumart Second-Quarter Net Increases 20%
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Wumart Stores Inc., Beijing’s largest supermarket chain, said second-quarter profit rose by 20 percent as same-store sales increased and the company o...... |
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05/31/2010 |
Metro to Open Consumer Electronics Store Media Markt in China
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German retailer Metro Group will open its first consumer electronic shop in Shanghai this October as it banks on rising incomes and increased demand for consumer goods in the world's most...... |
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05/21/2010 |
China's Gome Re-installs Ousted Bain Directors
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The board of directors at China electronics retailer GOME said it had re-appointed three members of Bain Capital to the board after shareholders said to be affiliated with the company...... |
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03/26/2010 |
Beijing Jingkelong To Apply To List A-Shares In China
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Beijing Jingkelong Co., which operates supermarkets in and around the Chinese capital, is seeking to list its shares in China, according to a statement ...... |
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02/25/2010 |
China Retail Sales Soar During Holiday Period
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Retail sales in China during the Lunar New Year holiday rocketed by more than a sixth on last year, in a possible sign of growing confidence am...... |
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02/02/2010 |
Rakuten To Set Up Online Mall JV With China's Baidu
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Japanese online mall operator Rakuten said on Wednesday it has agreed to set up a joint venture with China's top search engine Baidu to launch a virtual shopping ma...... |
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01/18/2010 |
Tesco Opens Landmark 76,000 Sq M Freehold Multiplex In China
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With an investment of more than 500 million yuan, Tesco's first 76,000 sq m freehold multiplex in Qingdao, Shandong province, opened its shopping mall, hypermarket ...... |
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12/23/2009 |
Esprit Buys $500 Mln JV Stake From China Resources
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Fashion retailer Esprit Holdings will buy the 51 percent stake it does not already own in a retail joint venture with China Resources Enterprise for HK...... |
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12/16/2009 |
Seven & I Aims To Boost China Revenue Fivefold
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Seven & I Holdings, which also runs Ito-Yokado supermarkets, said it aims to boost its China sales to about 400 billion yen ($4.5 billion) for the year ending in February 2015, up from 80 b...... |
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12/15/2009 |
Far Eastern Department Stores May List In Shanghai
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Far Eastern Department Stores Ltd., the retail unit of Taiwan’s Far Eastern Group, may sell shares of its China business in Shanghai to help cut debt as it expands, reported Bloomberg. |
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11/13/2009 |
China's Appliance Giant Suning Net Profit Up 15% In Q3
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Chinese home appliance giant Suning Appliance Co. said Saturday that its net profit rose 15.38 percent year on year in the third quarter of this year thanks to the country's policies ...... |
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11/11/2009 |
China Resources Says To Buy Hypermarket Chain, Brewery
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Chinese conglomerate China Resources Enterprise Holdings said on Thursday that it would buy a mainland hypermarket chain and a brewery in Shandong, valuing HK$4.94 billion, in an asset swa...... |
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10/26/2009 |
Lotte Said To Hold Talks To Buy Times, Rivaling Wumart抯 Bid
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Lotte Shopping Co., South Korea’s biggest department store owner, is in talks to pay cash for a 72.3 percent stake in Chinese supermarket operator Times Ltd. from Chairman Kenneth Fang, rivaling a bid...... |
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10/22/2009 |
Retail Sales Reach 570b Yuan During China Holiday
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Retail sales during the eight-day National Day holiday hit new high to about 570 billion yuan ($83.49 billion), reported China Daily, quoting the Ministry of Commerce. |
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10/20/2009 |
China's Luxury Market Surpasses America抯
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China has become the world’s strongest market for luxury cars. Many luxury cars sellers are lining up to enter the Chinese market. When it come...... |
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09/16/2009 |
Assets Of Former Gome Exec Frozen
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The Hong Kong High Court Tuesday extended an order to freeze $214 million in assets of Huang Guangyu, the former chairman of Gome Electrical Appliances Holdings, as he faces ...... |
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08/20/2009 |
Isetan MitsukoShi To Open More Department Stores In China
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Japan's department store giant Isetan Mitsukoshi Holdings Ltd is considering opening more stores in China over the next several years to boost its overseas b...... |
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08/20/2009 |
Wumart Stores To Sell $213 Million Shares To Fund Expansion
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Wumart Stores Inc said on Wednesday it will sell an 11 percent stake to U.S. private equity firm TPG and Hony Capital, an investment arm of the parent of t...... |
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08/19/2009 |
China's Retail Sales Up 15.2% In July
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China's retail sales, the main measure of consumer spending, rose 15.2 percent in July to 993.7 billion yuan from a year earlier, the National Bureau...... |
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07/09/2009 |
Institutional Investors Rush To Buy Your-Mart IPO
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Your-Mart Co., the biggest retailer in Hunan province, central China, plans to raise 979 million yuan in the nation’s third initial public offering this year. |
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06/22/2009 |
China's Industrial Output, Retail Sales Posted Growths In May
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The National Bureau of Statistics data show that China's retail sales, industrial output and bank lending grew in May. |
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05/20/2009 |
China抯 Retail Sales Up 14.8%, Industrial Output, Up 7.3% In April
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China's retail sales grew 14.8 percent in April year on year. The growth rate that was 0.1 percentage point higher than in March, the National Bureau of Statistics (NBS) reported. |
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01/09/2009 |
Retail Industry Opens New Year With A Bang
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China’s top 1,000 retailers’ cumulative revenue for the first three days of 2009 reached 12.5 billion yuan ($1.83 billion), accordi...... |
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12/15/2008 |
UPS Opens $125m Cargo Hub In Shanghai
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UPS opened its $125million international air hub in Shanghai Pudong International Airport on December 9, in order to have a bigger share in China's fast-growing express and logi...... |
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11/21/2008 |
October CPI At 4%, The Lowest In 17 Months
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The National Bureau of Statistics (NBS), reported that the Consumer Price Index CPI), the main gauge of inflation, increased 4 percent in October from a year earlier. |
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11/21/2008 |
China抯 October Retail Sales Growth Slides To 22%
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Figures from the National Bureau of Statistics (NBS), show a 22 percent increase in retail sales which reached 1.008 trillion yuan (US$148 billion), for the month ...... |
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10/27/2008 |
All Wal-Mart China Outlets Have Collective Contracts With Employees
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First, it was the Shenyang outlet, in Liaoning Province, Northeast China in July. Now, all the 108 retail outlets of Wal-Mart in China have signed collective contracts with their labor unions. |
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10/27/2008 |
Best Buy To Open Four More Stores In China
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Best Buy, a computer and gadget store, has gained approval from Chinese local authorities to open four more retail outlets in the country within the next six months. Best Buy opened its second...... |
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09/16/2008 |
Haier To Open 1,500 Specialty Stores In China
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Haier will launch a CNY100 million special program to set up and operate 1,500 air-conditioner specialty stores across China during the 2009 air-conditioner year, S...... |
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09/10/2008 |
HK's Retail Sales Up By 13.8% In July
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Hong Kong Special Administrative Region’s total retail sales value in July surged 13.8 percent to HK$24.2 billion ($3.1 billion) year on year, revealed ...... |
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08/26/2008 |
Wal-Mart Signs Collective Bargaining Agreements With Chinese Unions
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US retail giant Wal-Mart, which does not favor organized labour at home, said Friday it has reached collective-bargaining agreements with unions in Shenyang in ...... |
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08/10/2008 |
Rural China抯 Retail Sales Up By 20% In First Half Of 2008
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The retail sales of consumers goods in China’s rural areas for the first half of 2008 added up to 1.62 trillion yuan (243 billion U.S. dollars), a 20 percent ...... |
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Results 1 - 33 of 33 |
Only about 5 percent of China's retail enterprises are foreign invested. According to the China's Ministry of Commerce, China had about 2,400 foreign-invested retail enterprises and $4.8 billion in total foreign retail investment by August 2009, 91 percent of which was invested after 2004. Despite the recent market entry, foreign retailers account for roughly 12 percent of the sector's total sales and assets, suggesting that they operate on a larger scale than their Chinese competitors.
