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China Resources Enterprises

China Resources Enterprises Archives

Sam’s Club plans China expansion

Walmart plans to expand its Sam’s Club chain in China. Sam’s Club, which opened its first store in China in 1996, ...

CP Lotus sale scrapped

CP Group has scrapped plans to sell its 36 CP Lotus supermarket stores in China to Wumart. In October, the Thai company ...

Sun Art’s profit surges

China’s leading hypermarket operator Sun Art Retail Group has reported a 26 per cent jump in profit for the nine m...

CP Lotus sells China stores

Chinese supermarket operator Wumart has agreed to buy 36 CP Lotus stores in China. Thai company CP Lotus, a unit of Char...

Walmart eyes brand acquisitions

Walmart says it wants to grow its China business by acquiring brands. Walmart, like its foreign peers, is struggling to ...