Posts Tagged ‘Suning’

Suguo Stores Begin Supporting Apple Pay In China

Apple PayJiangsu-based supermarket chain Suguo announced that its 1,500 owned stores in Jiangsu and Anhui provinces, covering shopping plazas, community stores, …


Chinese E-Commerce Eyes Stability During Year’s Biggest Shopping Day

In the West, today is the remembrance of the end of World War One. But in China, November 11 is Singles’ Day and the entire country has prepared for an online sales onslaught. In 2014, Alibaba posted more than USD9 billion in sales on China’s Singles’ Day. And this year rivals JD.com and Suning hope […]


Suning Building New Electronics Logistics Base In Shanghai

Suning Commerce Group will build a new logistics base in Fengxian, Shanghai, to support its growth in eastern China. With an area of 250,000 square meters, this new project will be a regional management headquarters and distribution center which integrates procurement settlement, e-commerce, logistics, after-sales, customer services, and training functions for the company. The total […]


Apple Suspends iPhone 4S Sales In Retail Stores In China

Friday the 13th did not play well for Apple today, as the company suspended the sale of its iPhone 4S smartphones in its Chinese retail outlets. Earlier today, a legion of scalpers waiting in line had a few fierce conflicts at the Sanlitun Apple Store in Beijing. This apparently caused Apple to announce that they […]


Beijing Extends Home Appliances Trade-in Policy To End Of 2011

According to reports in local media, the one-year-old home appliances trade-in policy, which was supposed to conclude at the end of May 2010, has been prolonged to the end of 2011 in Beijing, and the subsidy rates remain unchanged.
In June 2009, China launched a home appliances and electronics trade-in implementation solution and stated that from […]


Suning Eyes At Least 10 New Stores In Hunan This Year

Jiang Yong, vice president for Suning Appliance, said at a meeting held in Changsha, Hunan, that the company would maintain a rapid and stable growth in 2009 by opening at least 200 new electronics retail stores across China, of which at least 10 would be located in Hunan province.


Dazhong Closing Four Outlets In Beijing

Having opened 65 stores in Beijing, the Chinese electronics retailer Dazhong, which was recently acquired by Gome, plans to close four unprofitable stores in Beijing as part of an internal network restructuring.


Suning To Open 20 New Stores In Shanghai In 2009

Suning’s Shanghai headquarters has announced plans to open 20 new electronics stores in Shanghai in 2009, covering 12 districts such as Minhang, Baoshan, Pudong New Area, Xuhui, Jing’an, Huangpu, and Fengxian.


Suning Suspends Equity Incentive Plan

Chinese electronics retailer Suning has published a notice that the company will suspend its equity incentive plan made in July 2008.


Best Buy To Sell Own LCD TVs In China

The world’s leading electronics retailer Best Buy (BBY) has started to sell its self-owned brand LCD TVs in China for the first time and those TVs are only available in Best Buy’s stores.