Chinese retailer Wanda Department Store will be renamed to Suning.com Plaza, with the first store change to take place by end of May, according to its new owner, Suning.com.…
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Suning develops omnichannel smart retail through Wanda department stores
Suning.com, will focus on professional operations of fashion department store business to strengthen its development in online-and-offline smart retail and improve the shoppers’ experience.…
Tencent joins forces with Wanda for omnichannel
In a move that further threatens Chinese e-commerce giant Alibaba Group Holding’s dominance in omnichannel retail, Chinese conglomerate Dalian Wanda Group will join tech giant Tencent Holdings Ltd. to…
Is online shopping the end of brick-and-mortar?
The latest report released by the Chinese Academy of Social Sciences on Monday revealed that China is experiencing a wave of department store closures, a process that will only further accelerate in t…
Wanda Group expands cinema empire to Europe
AMC Entertainment Holdings, a subsidiary of China’s Wanda, announced that they will invest GBP 921 million to acquire Odeon & UCIm which is reportedly the largest cinema line in Europe.…
Adidas extends China sports push in agreement with Wanda Group
Adidas AG signed an agreement with billionaire Wang Jianlin’s Dalian Wanda Group Co. to help develop soccer and basketball in China.…
HK houseware retailer takes MTR route to expansion
International Housewares Retail, which runs the store chain Japan Home Centre, plans to open its first store in an MTR station, in Siu Hong, in September, with two more MTR station outlets to follow b…