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Retail

545 Articles

Walmart China Closes 3 Stores in 1 MonthWith three store closings in August despite good overall performance, Walmart continues to adjust its business model for the Chinese market.	September 06, 2021 Emily C
Largest Sam’s Club in Asia To Open This September in ShanghaiA new Sam’s Club nearing completion in Shanghai will be the chain’s first flagship store in China as well as its largest store in Asia.	August 26, 2021 Emily C
China’s Second Costco Store Nears CompletionCostco’s soon-to-open store in Suzhou saw record-breaking numbers of customers registering for membership on its first day of processing cards.	August 24, 2021 Emily C
Vietnamese Ri6 Durians in Hot Demand in AustraliaVietnamese Ri6 durians have proved a hit with Australian consumers, with exports expected to reach 150 tons.	August 15, 2021 Emily F
Suspected Bankruptcy for Established E-Commerce Merchant ShixianghuiShixianghui’s headquarters in Wuhan have reportedly been emptied, with all signs pointing toward bankruptcy.	August 02, 2021 Emily F
Hema Neighborhood E-Commerce Platform Opens 400 Stores in 80 DaysThe Hema Fresh supermarket chain launched its new Hema Neighborhood platform earlier this year, with promising results.	July 28, 2021 Emily F
Taote App Hopes To Secure More Users With New Fruit ServiceThe Taote app, Taobao’s special platform for bargains, will roll out a new service in August focusing on providing high-quality fruit at lower prices to entice more customers.	July 26, 2021 Jing Zang
Auchan’s China Stores Rebrand as RT-MartChanges are abound for Sun Art Retail stores following Alibaba’s acquisition of a major stake in the company, including e-commerce expansion and a greater focus on fresh food.	July 13, 2021 Emily C
Dingdong Maicai Share Price Surges, Market Value Surpasses $9.8 BillionDingdong Maicai’s share price has soared following the company’s New York Stock Exchange listing on June 29.	July 06, 2021 Emily F
MissFresh IPO Meets Lackluster Reception on US MarketOnline grocery giant MissFresh listed on the Nasdaq exchange on June 25, with share prices dropping nearly 26% by close of trading.	July 01, 2021 Emily F

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