CHINA/THAI: Wumart, C.P. Lotus store deal falls through
Chinese retailer Wumart Stores said today (16 December) its plan to buy a batch of outlets in the country from…
Wumart Stores
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CHINA: Wumart buys stores from Thai-backed retailer C.P. Lotus
Chinese grocer Wumart Stores has snapped up stores from C.P. Lotus, a local retailer owned by Thai conglomerate Charoen Pokphand…
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CHINA: Wumart H1 profits climb
Chinese retailer Wumart Stores has booked an increase in first-half profits. In the six months to the end of June,…
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CHINA: Wumart grows profits by 20%
Chinese retailer Wumart Stores has reported a 20% increase in first-half profits on the back of improved sales and the…
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The just-food management briefing – the globalisation of food retail – China, India and the US
In part two of just-food's management briefing on the globalisation of food retail, Glynn Davis looks at three markets where…
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CHINA: Tesco reveals GBP500m warchest for China
Tesco is looking to divert the bulk of its capital investment over the next 12 months to China, the UK…
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CHINA: Tesco signs lease on Dongying store
Tesco has signalled plans for further expansion in China's Shandong province with a lease agreement on a store in the…
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Chinese retail ripe for consolidation
Slowing economic growth and rising unemployment in China may have had slowed growth from the country's retail sector but, as Dominique Patton reports…
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CHINA: Wumart denies Times talk
Chinese retailer Wumart Stores has denied reports that the company is in the final stages of talks to acquire smaller…
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CHINA: Retailer Times invites bid proposals
The future of Chinese supermarkent chain Times Ltd is up in the air after the retailer admitted it had started a review…