All China articles – Page 31
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News
Wal-Mart payroll deal revised in China
Wal-Mart’s plans to reduce staff costs in China have stalled after trade union action.The Shenzhen Federation of Trade Unions has spoken to Wal-Mart, which has agreed to revise its plans to implement a payroll cut across 2,000 mid-level managers, who were being offered lower positions with less pay.The US giant ...
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News
Internet shopping soars in China
Online sales are soaring as shoppers in China turn to the internet as the recession deepens.According to Analysis International, e-commerce sales across the country rocketed 173 per cent year on year to Yn3.5bn (£350.1m) in the first quarter of 2009. Sales rose 24.1 per cent on the previous quarter as ...
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NewsWal-Mart plan to cut costs in China raises concerns
Wal-Mart sent a disappointing signal to the Chinese retail market last week when it revealed it was launching a job optimisation programme to reduce staff costs in the country.
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News
Japanese convenience stores expand in China
Aeon is to open its first convenience stores in China, while Seven-Eleven Japan is set to expand its chains there further.
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News
Ian Cheshire pledges B&Q China turnaround after sales slump
B&Q owner Kingfisher will “reinvent” its store model in China as it prepares to slash shop space in the country by 40 per cent.The home improvement group’s B&Q China arm, which made losses of £52m and experienced a 24 per cent decline in sales in the year to January 31, ...