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August 2 – FamilyMart, Japan's largest convenient store chain, recently opened three stores in Chengdu and will open some stores in Shenzhen in August. The number of its stores in China is expected to exceed 1,000 by the end of August and climb to 1,200 by the end of the year.
http://www.linkshop.com.cn/web/archives/2012/219569.shtml
August 2 – French retailer Carrefour SA opened its 210th and 211th Chinese stores in Harbin, Heilongjiang province and Kunming, Yunnan province.
http://www.linkshop.com.cn/web/archives/2012/219603.shtml
August 2 – Consumer confidence in China's first tier cities jumped to a three-year high of 107 in Q2 2012 as employment prospects and personal financial positions improved and the propensity to consume rose, Nielsen figures show. However, consumer confidence all across China fell from a six-year high seen in the previous quarter due to gloomy job outlooks in smaller cities, Nielsen added.
http://cn.reuters.com/article/chinaNews/idCNCNE87105U20120802
August 1 – Hai Di Lao, a leading Chinese hot pot chain known for its considerate services, bought a land plot in Mianyang, Sichuan province and plans to build a 200,000m2 shopping complex on it, according to Wang Yongping, secretary-general of the China Commercial Real Estate Association.
http://www.linkshop.com.cn/web/archives/2012/219542.shtml
August 1 – Online B2C retail sales totaled ¥98.84 billion in Q2 2012, with Tmall.com captured a sweeping 41.5% market share, followed by 360buy.com with 15.5%, according to Analysys International.
http://news.chinaventure.com.cn/3/20120801/93389.shtml
July 30 – Decathlon, a French sportswear and equipment retailer, said it plans to operate 55 outlets in China by the end of this year and to open 15 outlets annually in the next five years.
http://www.linkshop.com.cn/web/archives/2012/219189.shtml
July 27 – China's first non-airport duty-free shops in Haikou and Sanya, Hainan province, attracted 585,000 shoppers who paid for ¥1.2 billion worth of goods in 1H 2012, up 54.8% and 55.5% respectively from the previous six-month period, according to Hainan Customs. The shops were opened 15 months ago.
http://finance.qq.com/a/20120727/000910.htm
July 26 – British retailer Tesco is restructuring its business in China by closing down its property development division in the country and shifting its focus to renting properties for retailing, an insider told Yicai.com, adding that developing its own property in China had not turned out the way it originally hoped. The reshuffle is expected to claim a lot of jobs. Tesco currently operates 111 supermarkets, seven malls and 14 convenient stores in China.
http://www.yicai.com/news/2012/07/1930636.html
July 25 – Adidas AG said it plans to open more than 600 outlets in China this year. The German sportswear retailer has opened over 6,000 stores in China since 1997.
http://www.linkshop.com.cn/web/archives/2012/218556.shtml
July 23 – Retail sales in Shanghai rose 9.4% year on year to ¥356.35 billion in 1H 2012, the local statistics bureau said.
http://www.stats-sh.gov.cn/sjfb/201207/245300.html
$1 = ¥6.34
@2011 China Economy @ The China Perspective.
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