HONG KONG, Aug 26 - Chinese supermarket chain Times Ltd <1832.HK> said late on Tuesday it had invited a number of potential bidders to make a strategic review that could lead to a general offer...
Lianhua Supermarket Holdings Co Ltd<0980> announced that it has signed acquisition agreements with Shanghai Bailian Group and its real estate arm to buy Hualian Supermarket Co Ltd, sources reported.Lianhua Supermarket said in a statement filed with the Hong Kong Stock Exchange, the acquisition will cost a total of...
Feb. 27, 2009 (China Knowledge) - Shinsegae Group, the largest retailer in South Korea, plans to open 1,000 supermarkets in China, the Xinhua News Agency reported, citing the company's CEO Koo Hak-su.
* H1 profit drops 20 pct * To close nearly 30 of its supermarkets * Department stores and supermarkets remain drag on earnings * Full-year op profit forecast kept at 250 bln yen * Shares...
Saudi-based Savola Group said it agreed to pay SR440 million ($117.3 million) to buy all Geant supermarkets owned by Fawaz Alhokair Group, absorbing its second retail competitor since 2008.
U.S.-based investment company Fidelity International Ltd (FIL) recently cut its shareholding in Lianhua Supermarket Holdings Co Ltd<0980> to 3.96% from the previous 5.13%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>....
Hong Kong-listed investment holding company China Resources Enterprise Ltd<0291> said on Friday that it will open 200 supermarkets in mainland China and Hong Kong this year, down from the 300 it planned previously, Reuters reported, citing Chen Lang, managing director of China Resources Enterprise...
Shinsegae Group, the largest retailer in South Korea, plans to open 1,000 supermarkets in China, the Xinhua News Agency reported, citing the company's CEO Koo Hak-su.The retailer, which currently has 20 supermarkets all across China, plans to open 10 more in the Chinese market this year. Shinsegae...
LONDON, Oct 7 - Supermarkets, keen to bolster slim profit margins and cash in on consumers' current focus on value, are pushing further out of their core food market, piling extra pressure on specialist retailers...
Australia's largest retailer Woolworths has unveiled plans to rebrand and refurbish its 780-strong supermarket network across Australia and New Zealand. The company said that their new logo, would reinforce its dedication ...