Suning.com plans to open more than 200 stores inside Carrefour China hypermarkets later this month.
Gome Retail Holdings will speed up its penetration into lower-tier Mainland China markets during the year ahead, with ab...
An advertising blitz and grassroots patriotism have proven to be a potent mix for smartphone maker Huawei at home.
Carrefour has denied business media reports it is considering selling all or some of its Chinese retail business.
Another Gome profit warning has been issued as the company’s massive restructuring program continues.
Gome Retail’s loss surged tenfold last year to US$728 million, compared with RMB450 million in the previous year.
Gome Retail Holdings has warned shareholders it will take a restructuring hit of up to $731 million.
Gome Retail has plunged US$64million into the red as its restructuring program takes its toll.