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Philip K

35 Articles
Yonghui To Open 20 New Locations in December

Despite recently posting its first quarterly loss in 11 years, Yonghui Superstores is continuing its expansion efforts with new warehouse stores and improvements to existing stores.

December 07, 2021
Philip K
Sam’s Club China Hits 4 Million Members

As the paid membership store model gains traction in China, Sam’s Club has exceeded 4 million subscribed members.

November 28, 2021
Philip K
Southern African Grapefruit Exports See Growth in 2021

Southern Africa’s grapefruit exports have witnessed a strong recovery this season after dry conditions last year, with exports to China up 52%.

November 17, 2021
Philip K
Hema To Open 4 New Member Warehouse Stores

Hema intends to open four more Hema X member stores before year’s end in a bid to compete with retailers such as Costco and Sam’s Club.

November 15, 2021
Philip K
Hangzhou’s Last Carrefour Closing Its Doors

The last Carrefour in Hangzhou will close its doors later this month as the retail chain reworks its China strategy in favor of new stores with paid memberships.

November 09, 2021
Philip K
China–Myanmar Trade Resumes After Pause Following Military Coup

Border crossings between China and Myanmar closed temporarily following the military government takeover on Feb. 1, but subsequently reopened to allow continued trade.

February 10, 2021
Philip K
Thailand Promotes ‘COVID-Free’ Durians To Stabilize Chinese Market

Thailand has implemented strict COVID-19 disinfection measures for China-bound durians in an effort to bolster consumer confidence.

February 08, 2021
Philip K
China Updates List of Permitted Grain Exporters as Shortages Loom

As countries stockpile grains in fear of increased trade restrictions, China expands its list of countries from which grain imports are permitted.

January 18, 2021
Philip K Opens Six 7Fresh Markets in Two Weeks subsidiary 7Fresh opens supermarkets in six new locations in less than one month.

January 12, 2021
Philip K
China Approved 10 Fruits for Import in 2020 Amid Slowing Import Growth

In 2020, China Customs granted market access to 10 new fruit items from seven countries, including Argentinian and Chilean citrus, Cambodian mangos and U.S. avocados and blueberries.

January 04, 2021
Philip K