Aldi has opened three more outlets in Putuo, Baoshan and Xuhui districts in Shanghai. More stores expected The retailer first entered China via a flagship store on Tmall Global online in 2017. This year, it opened its first two pilot stores in Shanghai’s Jing’an and Minhang districts. There are plans to open 50-100 outlets over the next few years. Move away from traditional format The...

Lawson has outlined plans to expand its network from 50 stores to about 500 over the next five years. Expansion with Ayala Corp. In 2016, Lawson with Puregold aimed to increase their store network to 500 stores by 2020 . This has failed to materialise, and the relationship between the two companies ceased last year. Lawson’s latest expansion plans will be supported by its new partner ...

Metro China has agreed to sell a majority stake to Wumart. Metro China will retain 20% stake Metro China kicked off the official selling process in March earlier this year. In May, eight companies were shortlisted as prospective bidders . Metro has released a statement, “this partnership includes the sale of Metro’s entire indirect participation in Metro China to a subsidiary of Wume...