Beijing’s Chaoshifa Supermarket Chain Signs Cooperation Agreement with Japan’s Lawson

Retail veteran Chaoshifa Market has been given a new lease of life. The Beijing-based supermarket chain caters for middle-aged and senior citizen customers, and has been operating in local communities since 1997. But this month the group opened three, small outlets in Beijing with the Japanese convenience store franchise, Lawson China Holdings Inc, in a

Walmart Stores to Be Used as JD.com Warehouses in Major Chinese Cities

Chinese e-commerce giant Jingdong (JD) announced Tuesday [25 July 2017] an inventory pooling scheme with American retailer Wal-Mart. Wal-Mart stores will serve as warehouses for JD in Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, and Wuhan…Full Article: ECNS.cn July 2017 Key Point As a result of the inventory (warehouse) pooling scheme, purchases from JD.com could potentially be

Alibaba’s Hema Fresh Stores Expand into Beijing

The concept of “New Retail,” which was created by Jack Ma Yun, Alibaba Group Holding’s founder and chairman, in late October, is gaining momentum in the domestic markets. Hema Xiansheng, Alibaba’s newly founded online-to-offline platform, is putting the novel retail business model into practice, an effort experts say is changing China’s traditional retail sector. Despite

Beijing Invests In New Wholesale Produce Market

Beijing has invested four billion yuan ($588 million) to build a new wholesale produce market in its southeastern suburbs. The new market will complement Xinfadi, the capital’s largest produce market, located in southern Beijing…Full Article: China Daily July 2017 Key Point Beijing’s Xinfadi wholesale market supplies 70% of the city’s vegetables. ChinaAg Comments In February

Beijing Investment Firm Bids on Italian Supermarket Chain

Chinese Group Yida International Investment has formally expressed interest in Esselunga, Italy’s fourth-largest supermarket chain, Italian daily la Repubblica reported on Thursday [15 June 2017]…Full Article: The Global Times June 2017 Key Points Yida International offered EUR 7.5 billion euros (USD 8.38 billion) for Italy’s Esselunga supermarket chain. In September 2016, the private equity funds