On the money: Retailer Lianhua rolls up sleeves after tough 2013
Lianhua Supermarket Holdings operates over 4,500 stores in China - a mix of hypermarkets, supermarkets and convenience stores - and…
Sun Art Retail Group
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CHINA: Profits jump at Sun Art Retail
Sun Art Retail Group, the Chinese retailer, saw its profits climb more than 15% in 2013 as new stores boosted…
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CHINA: Sun Art Retail grows turnover, profits
Sun Art Retail Group has booked an increase in turnover and profits during the first nine months of the year.…
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HONG KONG: Hutchison Whampoa takes ParknShop off the block
Hong-Kong based retail-to-energy conglomerate Hutchison Whampoa has dropped plans to auction its ParknShop supermarket business. "Hutchison Whampoa Limited has concluded…
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HONG KONG: “Four bidders” remain in ParknShop race
Four bidders reportedly remain in the race to acquire Hong Kong retailer ParknShop - with regional retailers and private-equity firms…
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HONG KONG: Charoen Pokphand “in running for ParknShop”
Thailand's Charoen Pokphand Group, the owner of Thai retailer CP All, has reportedly submitted a first-round bid for Hong Kong…
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HONG KONG: KKR, TPG “dropped” from ParknShop auction
Private-equity bidders KKR & Co. and TPG Capital Management have reportedly been dropped from the auction process to acquire Hong…
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UPDATE: CHINA: China Resources “confirms ParknShop bid”
China Resources Enterprise has reportedly today (21 August) confirmed it has bid for Hong Kong supermarket chain ParknShop. Over the…
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HONG KONG: “First-round bids” tabled for ParknShop
The first-round bids have reportedly been made for Hong Kong supermarket chain ParknShop - with regional retailers and private-equity firms…
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CHINA: Sun Art Retail looks online for further growth
Chinese retail giant Sun Art Retail Group is to launch a home delivery service in the fourth quarter, as part…