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Wumart wins bidding war for Metro China
Chinese retail group Wumart has won a lengthy bidding process for the Metro China business.
Four companies shortlisted in Metro China sale
The Metro China sale has progressed to the shortlisting of four companies invited to submit final bids.
Chinese grocery market set for solid growth, says IGD
The Chinese grocery market by grow by 32.6 per cent by 2022, preserving its status as the largest grocery market in Asia...
Wumei wins stake in Yinchuan Xinhua department store
Wumei Holdings and associated investors have increased their stake in the West Chinese retailer to 40 per cent.
Lotte China starts store sell-off
Lotte China says it has sold one of its four Chinese subsidiaries to local retailer Wumei Holdings for US$230 million.
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.
Wumart Stores sales surge
Wumart Stores, the Beijing-based, Hong Kong-listed grocery retailing giant, has today reported an 11.9 per cent increase...
China food retailers ‘victims’ of online
China’s largest food retailers - supermarkets and hypermarkets - have suffered “a torrid 18 months” and will need to tra...
Kingfisher cedes control of China arm
UK-based home improvement retailer Kingfisher is to sell a 70 per cent controlling stake in its B&Q China business. ...
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