Convenience Retail Asia Archives - Inside Retail Asia
Fung Group has sold its Guangzhou Circle K-store network to Chinese retailer Suning for an undisclosed sum.
Circle K Hong Kong operator Convenience Retail Asia has reported a modest increase in turnover.
Fung Retailing and Alibaba have formed a strategic partnership to launch more international lifestyle brands in Mainland China.
Digital and creative marketing strategies have been credited for rising sales at Hong Kong Circle K and Saint Honore stores.
Despite a challenging business environment, Convenience Retail Asia reports sales growth driven by digital initiatives.
Circle K convenience stores and Saint Honore cake shops parent reports profit decline.
Convenience Retail Asia is confident of Chinese fortunes.