Retail and FMCG market News - China Business Market

Retail

Best Buy gears down expansion in China

American consumer electronics retailer Best Buy released a statement recently announcing that it would cut back spending by about 50 percent in 2009, including a "substantial reduction in new store openings ... more »

2008-12-24

China to increase export tax rebates for 3846 merchandises from 1st November

With the approval of the State Council, the Ministry of Finance, State Administration of Taxation of China announced that export tax rebate rate for labor-intensive, high-tech and high value-added goods will be increased ... more »

2008-10-23

China’s retail sales increased by 22% for first three quarters

The National Bureau of Statistics (NBS) of China said that China’s total retail sales of consumer goods achieved RMB 7.79 trillion (EUR 885.26 billion) for the first three quarters, up by 22 percent over the ... more »

2008-10-22

China's accommodation, catering retail sales up 22.4% in May

China's Ministry of Commerce announced on 16th June 2008 that the country’s accommodation and catering retail sales achieved CNY120.36 billion (USD17.4 billion) in May, which was 22.4% up over the same period ... more »

2008-06-23

Microsoft's Windows experience assigned to Suning stores

Microsoft and Suning Electric jointly announced on 18th June 2008 that Microsoft’s Windows experience formally assigned to Suning stores in eight cities in 15 stores. For Shanghai area, the Microsoft’s ... more »

2008-06-23

Suning Appliance to launch more outlets

Suning Appliance Co, the Nanjing-based retailer, said in a statement that it had raised CNY2.43 billion (US$350 million) by issuing 54 million shares to six institutions for outlet expansion. With this money, Suning ... more »

2008-05-26

Marks&Spencer to open first department store in Shanghai

It is reported that Marks&Spencer, a famous British retailer, will open its first wholly-owned department store in Shanghai mainland China by this autumn.With a construction area of 4,900 square meters, the ... more »

2008-05-26

China government drawed up fines for retailers giving free plastic shopping bags

China’s Ministry of Commerce announced that retailers in the country could be fined up to CNY10,000 for providing free plastic shopping bags to shoppers from 1st June 2008. According to the draft state, d the ... more »

2008-04-14

JLL set joint venture to target Asian retail real estate market

Jones Lang LaSalle Incorporated (JLL), a global real estate money management and services firm, announced on 8th April 2008 to set up a joint venture company with Colonial First State Property Management (CFSPM), ... more »

2008-04-14

Dell China Changes Sales Strategy

Dell Inc, the world's No. 2 PC maker, announced on 2nd April 2008 that the company would sell products through distribution partners in China, which was a big change from its traditional business models of online and ... more »

2008-04-07

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Related portals

Retail

Best Buy gears down expansion in China

China to increase export tax rebates for 3846 merchandises from 1st November

China’s retail sales increased by 22% for first three quarters

China's accommodation, catering retail sales up 22.4% in May

Microsoft's Windows experience assigned to Suning stores

Suning Appliance to launch more outlets

Marks&Spencer to open first department store in Shanghai

China government drawed up fines for retailers giving free plastic shopping bags

JLL set joint venture to target Asian retail real estate market

Dell China Changes Sales Strategy

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