Lianhua Supermarket, a subsidiary of the Bailian Group, has announced that it will acquire a 100% stake in Hualian Supermarket from Bailian Group for CNY492 million. With the implementation of the acquisition, Hualian experiences major executive changes. According to a report published by the company, Hua Guoping, the former general manager for Bailian's supermarket business department, [...]

After rated among the world's top 250 retailers in 2008, Chinese retailers, including Gome, Bailian Group, Suning, and Dashang, were again entered on the list this year, with their average ratings up 71 places. Published by one of the world's largest accounting firms Deloitte and the authoritative U.S. retail magazine Stores, the list provided the 2009 [...]

Homemart, a building supplies retail chain owned by Bailian Group, has suspended the operation of its two Beijing outlets, Xisanqi store and Sijiqing Bridge store. When asked why operations had been suspended a representative of the company denied that it was due to operating loss. The spokesperson said the two stores were merely closed for business [...]