Competition heats in Chinese retail Archives - Just Food
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Competition heats in Chinese retail

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 from Beijing, the challenging trading conditions have thrown fresh opportunities for larger...

CHINA: Wumart denies Times talk

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 rival Times.

CHINA: Wumart growth continues

CHINA: Wumart growth continues

Chinese retailer Wumart Stores has posted a 21% jump in half-year profits thanks to buoyant turnover and steady growth in comparable-store sales.