Internet giant Alibaba said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China’s Sun Art Retail Group Ltd, part of a wider push into offline retail.
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34 published items with the word (s) or phrase Auchan in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Alibaba goes offline with $2.9 billion stake in China's top hypermart")
Alibaba goes offline with $2.9 billion stake in China's top hypermart -
![]( "British retailer L.K. Bennett eyeing Russia expansion")
British retailer L.K. Bennett eyeing Russia expansionBritish high-end retailer L.K. Bennett said it plans to open five stores in Russia, shrugging off the political and economic challenges of working in a country that's been under Western sanctions for almost three years.
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![]( "Energy supply hampers Pakistan's efforts to win back textile exports")
Energy supply hampers Pakistan's efforts to win back textile exportsPakistan, a major global cotton producer, has long suffered from an erratic electricity supply. The situation is improving but the country is still struggling to relaunch its exports.
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![]( "Russia new destination for leading global retailers")
Russia new destination for leading global retailersIn a first of sorts, more than 50 per cent of the world’s leading retail chains now operate in Russia.
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![]( "Sonae's retail sales edge up 0.7 pct in 2015")
Sonae's retail sales edge up 0.7 pct in 2015Portugal's largest retailer, Sonae, posted on Wednesday a small 0.7 percent increase in preliminary sales for last year, helped by a strong year-end performance that allowed the company to avoid a drop in sales expect...
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![]( "Sonae sales edge up in 2014 as Portugal on better footing")
Sonae sales edge up in 2014 as Portugal on better footingPortugal's largest retailer, Sonae, posted on Wednesday a near 3 percent rise in preliminary sales for last year, helped by the country's return to economic growth after a deep recession, despite tough price competition.
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![]( "Wincor Nixdorf targets small stores and retailers")
Wincor Nixdorf targets small stores and retailersThe IT solutions provider for retailers is now out to attract ready-to-wear stores and other specialized businesses. To that effect, it has named Nicolas Segons to the newly created position of partner manager Europe ...
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![]( "Metro Christmas trading gains pace after slow start")
Metro Christmas trading gains pace after slow startMetro, Europe's fourth biggest retailer, said Christmas trade had started to pick up in December after a slow start to sales of food and textiles in Germany last month, which it blamed in part on unusually mild weather.
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![]( "Auchan's French operations chief steps down")
Auchan's French operations chief steps downAuchan's head of French operations has stepped down after 11 years in the job, the French retailer said on Thursday. Auchan France Chief Executive Arnaud Mulliez is leaving the company for personal reasons, the compan...
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![]( "China's Sun Art Retail reports 7 pct rise in 9-month net profit")
China's Sun Art Retail reports 7 pct rise in 9-month net profitSun Art Retail on Thursday reported a 7 percent rise in nine-month net profit, as China's biggest hypermarket chain continued to expand into lower-tier cities.