Sun Art Retail Group

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On the money: Retailer Lianhua rolls up sleeves after tough 2013

4 Apr 2014

Lianhua Supermarket Holdings operates over 4,500 stores in China - a mix of hypermarkets, supermarkets and convenience stores - and its 2013 financial results, issued last week, demonstrate how challenging trading conditions are - and how competitive retailing in the country has become.

CHINA: Profits jump at Sun Art Retail

3 Mar 2014

Sun Art Retail Group, the Chinese retailer, saw its profits climb more than 15% in 2013 as new stores boosted sales and the company's buying negotiations helped margins.

CHINA: Sun Art Retail grows turnover, profits

15 Nov 2013

Sun Art Retail Group has booked an increase in turnover and profits during the first nine months of the year.

HONG KONG: Hutchison Whampoa takes ParknShop off the block

21 Oct 2013

Hong-Kong based retail-to-energy conglomerate Hutchison Whampoa has dropped plans to auction its ParknShop supermarket business.

HONG KONG: "Four bidders" remain in ParknShop race

9 Sep 2013

Four bidders reportedly remain in the race to acquire Hong Kong retailer ParknShop - with regional retailers and private-equity firms said to be out of the running.

HONG KONG: Charoen Pokphand "in running for ParknShop"

2 Sep 2013

Thailand's Charoen Pokphand Group, the owner of Thai retailer CP All, has reportedly submitted a first-round bid for Hong Kong based supermarket ParknShop.

HONG KONG: KKR, TPG "dropped" from ParknShop auction

28 Aug 2013

Private-equity bidders KKR & Co. and TPG Capital Management have reportedly been dropped from the auction process to acquire Hong Kong supermarket chain ParknShop.

UPDATE: CHINA: China Resources "confirms ParknShop bid"

21 Aug 2013

China Resources Enterprise has reportedly today (21 August) confirmed it has bid for Hong Kong supermarket chain ParknShop.

HONG KONG: "First-round bids" tabled for ParknShop

19 Aug 2013

The first-round bids have reportedly been made for Hong Kong supermarket chain ParknShop - with regional retailers and private-equity firms said to have tabled offers.

CHINA: Sun Art Retail looks online for further growth

16 Aug 2013

Chinese retail giant Sun Art Retail Group is to launch a home delivery service in the fourth quarter, as part of efforts to capture further growth in the world's biggest food and grocery market.



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