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Hong Kong’s City’Super supermarket chain sale sparks strong interest
Investment groups China Resources and Yonghui Superstores, as well as some private individuals, are among potential buye...
Alibaba-Sun Art deal a ‘major step’ in China’s retail landscape
This week’s Alibaba-Sun Art deal is a major step in the development of a new retail landscape in China.
Asia Beauty Group deal for ‘beauty park’
A China/Macau consortium has signed an agreement with Asia Beauty Group Holding to open a “beauty park” in Grand MixC, H...
eCommerce erodes Sun Art Retail profits
Challenged by eCommerce, Sun Art Retail Group has posted a 1 per cent gain in net profit for its first nine months.
Funding will deliver for Meituan-Dianping
O2O service provider Meituan-Dianping has received funding from China Resources’ startup investment fund.
McDonald’s Asia to sell 2800 restaurants
McDonald’s Asia is preparing to sell some 2800 restaurants across Asia as it introduces a new business model in its fast...
eCommerce hits Sun Art profits
Sun Art, China’s largest hypermarket chain, sees profits fall 15.7 per cent in its first yearly decline since listing in...
Riverside 66 wins top MIPIM Asia Retail award
Chinese mall project Riverside 66 won Gold, the top honour in the retail category of this year’s MIPIM Asia Awards hande...
Walmart China partner sells out
Walmart China’s local business partner wants out of its joint venture.
Tesco China stores rebranded
Tesco China is rebranding its stores under majority partner China Resources’ Vanguard banner.
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