China Retail News (May 22nd, 2013) Writes:
The French fashion brand Chloe opened a new flagship store in Citic Square, Shanghai. This is the company's second concept flagship store following the one opened in Paris. Located in the West Nanjing Road commercial area, the new Chloe concept flagship store is facing the street. With two floors and a total area of 300 [...]
Posted in China | No Comments »
China Retail News (May 21st, 2013) Writes:
Money transfer company MoneyGram has inked a deal with a Chinese payments firm to expand global services. China-based CUP International announced a significant expansion of their emergency cash service for China UnionPay credit card holders that now enables account holders to access emergency funds from most countries within the MoneyGram network. Previously, the service was [...]
Posted in China | No Comments »
China Retail News (May 20th, 2013) Writes:
Suning will open its first electronics chain store in the Tibetan city of Lhasa on May 25, 2013. With the opening of this store, Suning will become the first Chinese nationwide retail chain operator to enter this autonomous region in western China. As the capital of the Tibet autonomous region, Lhasa is called as the [...]
Posted in China | No Comments »
China Retail News (May 19th, 2013) Writes:
Watsons, the health and beauty retail chain under Hutchison Whampoa, will open its first high-end food supermarket named Great in mainland China. Located in Chengdu International Finance Square, Watsons' new Great supermarket has an area about 3,000 square meters and focuses on the sale of imported ingredients and cooked food. The new supermarket adopts a [...]
Posted in China | No Comments »
China Retail News (May 16th, 2013) Writes:
BioGaia has signed an agreement with Beijing Keyuan Xinhai Pharmaceutical Company Ltd. for the exclusive rights to sell BioGaia's ProTectis baby drops and ProTectis and Gastrus tablets through the retail pharmacy channel in China from 2013. The products will be sold under BioGaia's own brand. Beijing Keyuan Xinhai Pharmaceutical Company Ltd. was founded in 1995. [...]
Posted in China | No Comments »
China Retail News (May 15th, 2013) Writes:
C C Land Holdings Limited has successfully acquired a land lot in Guiyang through its 85%-owned subsidiary Guiyang Zhong Yu Real Estate Development Company Limited. The total consideration in Guizhou province is approximately CNY919 million. The newly acquired land has a permitted gross floor area of approximately 1,312,880 sqm with 962,880 sqm above ground. The [...]
Posted in China | No Comments »
China Retail News (May 14th, 2013) Writes:
British fast fashion brand Topshop has completed the decoration of it first Chinese store in Hong Kong, and the new store will soon open its door to customers. Located in Asia Standard Tower, Queen's Road Central, the new Topshop store has two floors and an area of 1,115 square meters. The first floor is for [...]
Posted in China | No Comments »
China Retail News (May 13th, 2013) Writes:
Chinese pharmaceutical and healthcare products provider China Jo-Jo Drugstores Inc. was notified last week that it may soon be delisted. Nasdaq notified the company of its failure to maintain a minimum closing bid price of USD1.00 over the then preceding 30 consecutive trading days for its common stock as required by Nasdaq Listing Rule 5550(a)(2). [...]
Posted in China | No Comments »
China Retail News (May 12th, 2013) Writes:
John Culver, former president for Starbucks China and Asia Pacific, has been promoted; and Jeff Hansberry, former head for channels in China and Asia Pacific, was appointed new president for Starbucks China and Asia Pacific. According to Starbucks, the appointment has already been effective and the involved people are implementing a work handover. Once the [...]
Posted in China | No Comments »
China Retail News (May 10th, 2013) Writes:
3D technologies company RealD Inc. has signed a deal to expand its technologies across 50 more theaters in China. RealD and Zhejiang Xingguang Cinema Circuit announced an agreement to equip 50 auditoriums across the Zhejiang Xingguang Cinema Circuit with RealD 3D technology. Installations across the Zhejiang Xingguang Cinema Circuit have already begun. Zhejiang Xingguang Cinema [...]
Posted in China | No Comments »