Chinese retail

DIA Exits China With Sale Of Shanghai Operations To Suning

Spanish retail group DIA has announced that it is exiting the Chinese market, with the sale of its operations in Shanghai to Nanjing Suning Supermarket gro...

Tencent To Buy 5% Stake In Supermarket Firm For $639 Million

Tencent Holdings agreed to buy a 5% stake in China’s Yonghui Superstores for about 4.22 billion yuan ($639 million), joining rival Alibaba Group Hold...

Carrefour Expands 'Easy' Convenience Stores In China

French retailer Carrefour has strengthened its presence in China, having opened nine new Carrefour Easy stores since the start of the year. The company...

China's Consumers Haven't Been This Confident In Two Decades

With things looking up across China’s economic dashboard, sentiment among consumers and households is the strongest in more than two decades. The...

China's Retail Sales Miss Won't Deter Starbucks And McDonald's

Chinese retail sales grew less than economists had expected in July, rising by 10.4% from a year earlier compared with the forecast for 10.8% growth. Wh...

Asian Big-Box Retailers Set To Grow By 3.5% A Year

Asia's leading big-box (or large-format) grocery retailers are forecast to grow by 3.5% on average per year between 2016 and 2021, according to data from g...

China 'Goes Shopping' To Better Monitor Pulse Of Consumer Economy

China is turning to shopping malls and convenience stores to better gauge spending in the world’s largest consumer market, the latest step toward upg...

Spar China Continues 'Strong Growth' In 2017

Spar International has announced a partnership agreement with Yunnan Anning Jinfang commercial group (Jinfang) to expand Spar's presence across Southeast C...

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Spar Guangdong Opens Two New Hypermarkets In China