Asia real estate and outbound investment news
According to a report in the Oriental Morning Post, Best Buy will close its own-branded shops in China, effective February 22nd.
As reported here earlier this month, the US retail electronics giant has been struggling to compete in the Chinese… Read More>>
Apple continued its rapid expansion into China’s retail sector by announcing last week the opening of its third outlet in Shanghai.
In a statement from Ron Johnson, the company’s senior vice president of retail operations that was reported in the… Read More>>
Two stories published this week about Best Buy’s operations in China paint disparate pictures of the company’s future in the market. The US electronics retail giant opened its first store in China in 2006, but apparently has fallen well short… Read More>>
Taiwanese retailer BuyNow announced their latest expansion into China on January 31st with news of purchase of a site in Suzhou, as well as acquistion of existing retail facility in Huizhou, Guangdong.
Buynow’s parent, Taiwanese computer maker Clevo purchased the… Read More>>
