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Wumart

Wumart Archives

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. ...