Germany’s Aldi Teams Up with Alibaba’s Tmall

German supermarket franchise Aldi has been taking ground from Australia’s dueling retail giants, Woolworths and Coles since 2001. It now hold around 15 percent of the supermarket space with 350 stores across the country and A$4 billion ($3 billion) in annual sales. With the help of Tmall Global, operated by Alibaba, Aldi is now expanding

Australian Grocery Chain Woolworths to Accept China UnionPay Cards at its Supermarkets

The Australian grocery giant Woolworths said on Tuesday [7 February 2017] that it will now accept UnionPay cards at its stores; China’s leading debit and credit cards. Woolworths will offer all forms of UnionPay payment, including the contactless mobile based transactions at its terminals…Full Article: China Daily Feb 2017 Key Points According to China UnionPay

Sam’s Club China Targets Wealthier Customers with its Products

In the United States, Walmart Stores’ members-only Sam’s Club warehouse chain offers a wide range of products from bulk groceries to patio furniture at discounted prices in cavernous, no-frills stores, where goods are stacked on metal shelves. Walmart is doing the same thing in China but with some pricey twists, including $3,200 rice cookers and

France’s Carrefour to Pivot Towards Smaller Convenience Store Format in China

French retailer Carrefour SA continues to shift its focus from its traditional hypermarket business to smaller convenience store format-planning to open 40 to 50 in Shanghai this year. The company said it has seen encouraging sales trends in China thanks to fresh products. The transformation of its business models in the country “has continued and

Carrefour Opens Distribution Center in in Dongguan to Service Stores in Guangdong, Hainan, and Fujian

French retailer Carrefour SA launched a distribution center in Dongguan, Guangdong province, on Tuesday [31 May 2016], to facilitate its business expansion in South China. Thierry Garnier, president and chief executive officer of Carrefour China, said the company will bring new business formats, including the online-to-offline business and convenience stores, and set up more hypermarkets

Walmart to Open 30 New Stores in China and Introduce Cross-Border E-Commerce Service

Walmart, the world’s largest retailer, will open 30 new stores in China in 2016, Walmart China president and CEO Sean Clark said Thursday [25 February 2016]. Besides the 30 new stores, Walmart will upgrade 60 existing stores and expand its logistics and distribution centers. It will also introduce a cross-border e-commerce service in 2016, according

Hypermarket Operator, Sun Art Retail Group, To Roll Back New Store Openings in China

Sun Art Retail Group said on Monday [29 February 2016] it will scale back on new store openings in China this year as it grapples with a challenging retail environment. It also expects a greater contribution to sales from e-commerce. Sun Art, the second-biggest hypermarket operator  in China with 13.7 percent of the Chinese market