British retail giant Tesco has announced that it will set up a joint venture in China to develop its shopping center business in the nation. The joint venture will be 50% owned by Tesco and the remaining 50% will be owned by Asian investors, including HSBC Nan Fung China Real Estate Fund, Singapore's Metro Holdings, and [...]

International retailer Tesco has reached cooperation with Infosys to increase Tesco's customer loyalty in China. Under the cooperation, Infosys' operations in China will provide information technology service solutions and distribute a network-based customer loyalty management system for Tesco to help the retailer improve the operating efficiency of its retail chain stores in China and enhance its [...]

British chain retailer Tesco will open a new outlet in Wuyuanwan Department Store, Xiamen. With a total investment of CNY260 million, the new Tesco store is currently undergoing a public environmental impact assessment and is collecting suggestions about environmental protection related to the project. Located at the eastern side of Yunding North road and the northern side [...]

British retail giant Tesco has announced that its second energy-saving store in Shanghai, Wanda Zhoupu store, will be opened in September 2009. This will also be Tesco's first outlet to open after it registered in Shanghai as a foreign company. With the opening of this new store, Tesco will have 19 stores in Shanghai and 66 [...]

British retailer Tesco will open Lifespace Mall Qingdao, the largest supermarket development in the city, on December 19, 2009. Located at the intersection of Renmin road and Chongqing South road, the new Lifespace Mall is a comprehensive shopping center which has seven floors, including two underground and five above ground, and 600 parking spaces. With a [...]

According to a report in Britain's The Times, the British retailer Tesco will build its first shopping center in Fushun, Liaoning province, to expand its business in the Chinese market. Tesco currently has 64 outlets in China and plans a construction area of 500,000 square feet for its new shopping center, which consists of a hypermarket, [...]

The British supermarket giant Tesco has signed a contract with Nanjing Wanda Plaza to open a new Tesco supermarket in Hexi New City, Nanjing, with an expected opening date of December 18, 2009. According to Tesco's development director, Tesco is optimistic about the prospects for Nanjing, especially the Hexi New City area. There are about 350,000 [...]

British retailer Tesco has announced plans to locate its first energy-saving store in southern China in Yuexiu District, Guangzhou. The new Tesco store, which is expected to be opened around the Spring Festival in late January 2009, is the retailer's second store in Guangzhou as well as its seventh in southern China. By then Tesco will [...]

Following the precept of Sir Jack Cohen, the founder of British retail colossus Tesco, Wal-Mart has announced massive price cuts for essential items in more than 100 of its retailing stores across China. The price cuts are said to be the deepest ones ever made by Wal-Mart since its entry into the country. Most of the [...]

Global economies are swimming deep in recession which disappointing earnings have long since confirmed. Believing otherwise is to live in a bubble of a different kind. br /br /a href="http://1.bp.blogspot.com/_WWGUfU1tOjI/SQHTBn9ziVI/AAAAAAAAAhg/FxA2b6RvmBY/s1600-h/panic.png"img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 248px;" src="http://1.bp.blogspot.com/_WWGUfU1tOjI/SQHTBn9ziVI/AAAAAAAAAhg/FxA2b6RvmBY/s320/panic.png" border="0" alt=""id="BLOGGER_PHOTO_ID_5260717864606992722" //abr /span class="fullpost"But where there is fear there is opportunity. The key to success is to a href="http://traderfeed.blogspot.com/2008/10/five-trading-behaviors-im-seeing-among.html"play small and win big/a. For many this means dollar-cost-averaging; buying small and often. For others, where trading costs are high(er), it's about buying the stalwarts trading at discount. br /br /Some may look to companies which have survived the a href="http://www.ceopen.com/march_2005/100year.html"Depression and two World Wars/a. Although it's unlikely big name financials, or a company like Ford (strongF/strong), est 1903, will find many takers: br /br /a href="http://1.bp.blogspot.com/_WWGUfU1tOjI/SQHYMPbt2TI/AAAAAAAAAho/XJCHtlLyfmA/s1600-h/Ford.png"img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 203px;" src="http://1.bp.blogspot.com/_WWGUfU1tOjI/SQHYMPbt2TI/AAAAAAAAAho/XJCHtlLyfmA/s320/Ford.png" border="0" alt=""id="BLOGGER_PHOTO_ID_5260723544558262578" //abr /Although smaller regional banks should benefit from ...