Retail in Asia

In Sectors

Metro starts biz in China’s Luoyang

The world’s third largest retail and wholesale supermarket brand Metro has decided to start business in the Chinese city of Luoyang, Henan Province and spend a total of CNY100 million (USD15.9m) to open a 4,000-square-metre store, which combines general merchandizing, furniture, digital home appliances and other products. It planned to open for business by the end of this year.

(Source: CCFA)