CHINA: 5000 new jobs to be created by PARKnSHOP
Hong Kong's leading supermarket chain PARKnSHOP, which already employs 6000 people, is planning to open a further eight stores in China leading to the recruitment of 5000 new employees. In 1984 PARKnSHOP, part of Hutchison Whampoa, opened its first supermarket in the Shekou district of Shenzhen. Now it has four megastores and two superstores in Guangzhou, Dongguan and Shenzhen, and plans to open its first megastore in Shanghai next year. One megastore in Guangzhou has reached a high sales value of 1.6m Chinese Yuan (US$194,000) per day.
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