CHINA/THAI: Wumart, C.P. Lotus store deal falls through
Chinese retailer Wumart Stores said today (16 December) its plan to buy a batch of outlets in the country from Thai conglomerate Charoen Pokphand Group had fallen through.
Wumart Stores
CHINA: Wumart buys stores from Thai-backed retailer C.P. Lotus
Chinese grocer Wumart Stores has snapped up stores from C.P. Lotus, a local retailer owned by Thai conglomerate Charoen Pokphand Group.
CHINA: Wumart H1 profits climb
Chinese retailer Wumart Stores has booked an increase in first-half profits.
CHINA: Wumart grows profits by 20%
Chinese retailer Wumart Stores has reported a 20% increase in first-half profits on the back of improved sales and the opening of more stores.
The just-food management briefing – the globalisation of food retail – China, India and the US
In part two of just-food's management briefing on the globalisation of food retail, Glynn Davis looks at three markets where the trend, in different ways, has taken hold - China, India and the US.
CHINA: Tesco reveals GBP500m warchest for China
Tesco is looking to divert the bulk of its capital investment over the next 12 months to China, the UK retail giant's chief executive said today (6 October). Sir Terry…
CHINA: Tesco signs lease on Dongying store
Tesco has signalled plans for further expansion in China's Shandong province with a lease agreement on a store in the city of Dongying. The UK retail giant, which has 66…
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…
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. Earlier this week, reports suggested that Beijing-based Wumart…
CHINA: Retailer Times invites bid proposals
The future of Chinese supermarkent chain Times Ltd is up in the air after the retailer admitted it had started a review of the business and invited potential suitors to lodge their…
Top stories on just-food this week
The UK government laid out its vision for the food sector this week and insisted there needed to be a "radical rethink" of our the industry does business. The debate…
