Yonghui Supermarket To Open Six Wanda Plaza Stores In 2013
According to Luo Wenxia, vice president of Yonghui Supermarket, the company plans to open six stores at Wanda Plazas in 2013. Luo said Yonghui cooperates with Wanda Plaza in launching five or six...
View ArticleWal-Mart China Announces New Management Changes
The world's leading retail giant Wal-Mart confirmed to Chinese local media that Wal-Mart China has new management changes. Liang Guiji, senior vice president for Wal-Mart's business development in...
View ArticleMaster Kong Will Build Second Headquarters In Shanghai
Chinese food and beverage company Master Kong plans to invest nearly CNY2.5 billion to purchase the entire stake in WealthCity from Wei Yingjiao, a major shareholder and executive director of the...
View ArticleWatsons Aims At 2,200 Stores In Mainland China By 2015
After 25 years of development in the Chinese market, Watsons has reportedly opened over 1,800 stores in mainland China and the company plans to increase the number to 2,200 by the end of 2014. As...
View ArticleWal-Mart To Open First Shopping Center In Zhuhai As It Closes Others
Wal-Mart announced that they will invest about CNY600 million to build a new community shopping center with a total construction area of about 100,000 square meters in Zhuhai, and the company will...
View ArticleAmerican Retailer Offloads Chinese Assets To Property Company
U.S.-based Best Buy reportedly reached a final agreement with Jiayuan Group, a Chinese mainland real estate company, to sell its Chinese subsidiary Five Star Appliances to the latter. Best Buy said the...
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UK Group Inks Chinese Real Estate Deal For Three Hospitals
Chinese real estate group Wanda signed a cooperation agreement with UK's International Hospitals Group Limited in Beijing to build three hospitals in China. Wanda Group will invest CNY15 billion to...
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Wanda Group Reports CNY120 Billion Revenue Growth
China's Wanda Group, owner of shopping malls and real estate across the Middle Kingdom, has reported it latest financial results. Wanda Group published a performance briefing for the first half of 2016...
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Shirble Department Store To Acquire Two Properties For CNY611 Million
Shenzhen-based department store operator Shirble will invest CNY611 million to purchase two properties in Shenzhen and Changsha. Shirble will pay CNY419 million for the property in Shenzhen and it will...
View ArticleYoungor Operating Revenue Up 28.91% In 2019
Chinese clothing brand Youngor recently published its annual financial report for 2019, stating that the company achieved operating revenue of CNY12.421 billion in 2019, a year-on-year increase of...
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