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  • Lianhua S’mkt Net Up 23% in 2010 as SSS Grows 5.6% March 10, 2011

    Lianhua Supermarket Holdings (0980.HK) recorded net income of RMB 623 million in 2010, 22.84% higher than in 2009, the company reported March 10. Turnover amounted to RMB 25.89…

  • Gome Announces Resignation of Chairman March 10, 2011

    Home appliances retailer Gome (0493.HK) confirmed rumors of the resignation of Chen Xiao as chairman of the board and Sun Yiding as executive director, and the appointment of Zhang…

  • MOFCOM: “Old-for-New” Sales Hit RMB 150b March 03, 2011

    China's "old-for-new" subsidies program has generated revenue of RMB 150 billion from sales of 40 million household appliances, the Ministry of Commerce announced on March 2. The…

  • Sina, China Dongxiang Buy Mecox Lane Stake March 02, 2011

    Domestic internet portal operator Sina Corporation (Nasdaq: SINA) and a subsidiary of sportswear retailer China Dongxiang (3818.HK) have entered into separate agreements to acquire…

  • Maoye 2010 SSS Up 21.5%, Jan Feb SSS Climbs 25% YoY March 01, 2011

    Maoye International (0848.HK) reported growth in total sales proceeds in 2010 of 49.7% y-o-y to RMB 7.27 billion, with same-store sales (SSS) growing 21.5% over the year. Operating…

  • Retail - Department Stores Monthly: Jan 2010 February 25, 2011

    Pacific Epoch’s monthly department store update analyzes the sales performance and strategy of China’s leading department store chains. The report includes results from surveys…

  • Suning Plans 10 Shanghai Shopping Centers in 3Yrs February 25, 2011

    Chinese home appliance and electronics retailer Suning (002024.SZ) plans to invest up to RMB 10 billion in the construction of 10 Suning electronics plazas in Shanghai over the…

  • New World Department Store (0825): Growing Expenditures Support Our Cautious View February 23, 2011

    A recap of the company's performance in the six months ended December 31, its fiscal first half-year, following the release of its earnings report, as well as our expectations…

  • Suning to Open 370 New Stores in ‘11, to Quadruple E-Com Sales February 23, 2011

    Chinese home appliance and electronics retailer Suning (002024.SZ) plans to open 370 new stores this year to raise the total number of Suning outlets to 1,700, 163.com reported…

  • New World Dept Store H1 11 SSSG Accelerates to Double Figures February 23, 2011

    ew World Department Store (0825.HK) recorded net income of HK$294.5 million in the six months ending December 31, the company's fiscal first half, representing annual growth of…

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