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Gome Archives

Gome flagship store launches on JD

A Gome flagship store has launched on JD, giving the Chinese home appliance retailer access to JD’s more than 360 millio... to open 200 stores inside Carrefour China hypermarkets plans to open more than 200 stores inside Carrefour China hypermarkets later this month.

Gome Retail to target smaller cities as restructure begins to show fruit

Gome Retail Holdings will speed up its penetration into lower-tier Mainland China markets during the year ahead, with ab...

Huawei in aggressive ‘battle mode’ for Chinese consumers

An advertising blitz and grassroots patriotism have proven to be a potent mix for smartphone maker Huawei at home.

Carrefour China sale ‘not on the agenda’ says French retailer

Carrefour has denied business media reports it is considering selling all or some of its Chinese retail business.

Gome profit warning issued as restructure continues

Another Gome profit warning has been issued as the company’s massive restructuring program continues.

Gome outlets planned for Carrefour stores

Gome outlets are set to be opened inside Carrefour hypermarkets across China.

Gome Retail’s loss soars tenfold after restructure write downs

Gome Retail’s loss surged tenfold last year to US$728 million, compared with RMB450 million in the previous year.

Gome Retail warns of massive loss as restructure ramps up

Gome Retail Holdings has warned shareholders it will take a restructuring hit of up to $731 million.

Gome Retail plunges into the red as restructuring continues

Gome Retail has plunged US$64million into the red as its restructuring program takes its toll.