Retail in Asia

In Shops

China’s Suning to open at least 8 Laox Life stores in Shanghai by year end

Suning Appliance Co, China’s largest consumer electronics retailer, plans to open at least eight Laox Life stores in Shanghai by the end of this year as it seeks to diversify its income stream by entering the department store market.

The company had previously said it plans to open 150 department stores in 25 major cities in China.
 

(Source: Shanghai Daily )