Chinese Electronics Retailer Makes Internet Investment
Chinese electronics and home appliances retailer Gome announced that it has acquired an 80% stake in the business-to-consumer home appliances website Coo8.com, but no financial details have been...
View ArticleStarbucks' Largest Mainland China Shop Opened In Xiamen
The coffee shop chain Starbucks has opened its largest shop on the Chinese mainland in Xiamen. Adjacent to Zhongshan road and Gulangyu, the Starbucks Xiamen flagship store boasts four floors and a...
View ArticleDell To Open 1,000 Retail Computing Centers In China
To increase its market share in China, Dell plans to set up over one thousand retail centers in 2011 and open another one thousand after-sales service sites in small cities in China. Yang Chao,...
View ArticleTesco Invests In Chinese Shopping Centers
The British retail giant Tesco PLC has announced plans to establish a joint venture with a financial group to develop shopping centers in China. Tesco says that this financial group is mainly composed...
View Article85°C Opens Coffee Shop In Xiamen
Taiwan-based cafe and bakery chain 85°C has formally entered Xiamen, Fujian province. The cafe chain will reportedly open three additional new shops in Xiamen before the end of May 2011. As a specialty...
View ArticleAmerican Internet Retailer Rebrands For China
Amazon has announced that its brand name Joyo Amazon has been formally changed to Amazon China and it will launch a shorter domain name Z.cn for its Chinese website to fully embrace its global...
View ArticleAccor Opens New Pullman Hotel In Xiamen
Accor announced the the opening of Pullman Xiamen Powerlong as a new addition in China to its upscale five-star hotel brand. The Pullman Xiamen Powerlong offers 280 well-appointed guestrooms as well as...
View ArticleWal-Mart To Open Flagship Store In Xiamen
Wal-Mart plans to open a new Sam's Club in Huli district, Xiamen, and the new store will become the retailer's global flagship store. Liu Keqing, mayor of Xiamen city, told local media that Wal-Mart...
View ArticleNestle To Establish Two New R&D Organizations In China
World's leading food and beverage company Nestle announced plans to establish two new research and development organizations in China. These two new R&D organizations respectively apparently target...
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Gome Will Open 100,000 Micro Stores Throughout China
Chinese electronics retailer Gome will increase its retail outlets this year. According to Wang Junzhou, president of Gome, the company plans to open 100,000 mobile micro stores in China in 2015. At...
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