CITIC Archives - Inside Retail Asia
Developer Country Garden has signed a deal to help McDonald’s China reach its goal of opening 2000 restaurants by 2022.
McDonald’s China has formed a partnership with property developer Evergrande Group with the aim of speeding up expansion throughout the mainland.
Deliveries and a digitalised, personalised dining experience are part of the strategy of the new owners of McDonald’s China and Hong Kong.
Citic Group has formally taken over the controlling interest in the McDonald’s franchise for China and Hong Kong.
Japan’s FamilyMart UNY Holdings is considering partnering with Charoen Pokphand Group and China’s Citic.
Details of the sale of 20-year rights to run McDonald’s China & Hong Kong have been formally released.
Hong Kong sourcing company Li & Fung has agreed to sell its distribution unit LF Asia to Dah Chong Hong Holdings (DCH).
Planning approval has been secured for the Broadway Malyan-designed Hefei ID Mall in eastern China. The green light will see Broadway Malyan developing its schematic architectural and retail planning design into a full detailed design. Drawing on the history of the site, Broadway Malyan acknowledges the historic building pattern on the site, with the roof garden and restaurants orientated in the same way as the old geometry of this part of the city, whilst also responding to the orientatio…