Food Retail & Distribution

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Dixy Group OAO lowers 2015 sales growth forecast - Reuters

Friday, 28 Aug 2015 08:19am EDT

Dixy Group OAO:Sees sales rising by 16-20 percent in 2015 (previous forecast: 20-25 percent) - Reuters.We target from 16 to 20 percent revenue growth in the full year 2015 with up to 500 store openings on net basis," CEO Ilya Yakubson told a conference call.FY 2015 sales of 279.1 billion roubles - Thomson Reuters I/B/E/S.

Beijing Hualian Hypermarket to establish new subsidiary and branches

Thursday, 27 Aug 2015 08:00pm EDT

Beijing Hualian Hypermarket Co Ltd:Says establishment of a wholly owned subsidiary in Baotou, with a registered capital of 50 mln yuan.To establish 18 new branches in Beijing, Jiangsu, Liaoning, Inner Mongolia, Anhui Henan, Gansu, Guizhou and Sichuan.Above new subsidiary and branches will be mainly engaged in operating of commercial project.

Yonghui Superstores signs memorandum of understanding with CJ FRESHWAY CORPORATION

Thursday, 27 Aug 2015 08:00pm EDT

Yonghui Superstores Co Ltd:Signed a memorandum of understanding with CJ FRESHWAY CORPORATION to set up two joint venture in Beijing with investment of 100 million yuan respectively.To hold 30 pct stake in JV1 and 70 pct stake in JV2.JV1 to be engaged in purchase of agricultural products, aquatic products and meat products.JV2 to be engaged in food distribution business in Beijing.


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Provider : Bohai Securities Co.,Ltd.
Provider : Wright Reports
Provider : Wright Reports
Provider : GlobalData
Provider : GlobalData

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