Trade: Parkson plans for new stores

(Shanghai Daily)
Updated: 2007-04-10 14:49

Parkson Retail Group Ltd said it will open at least six new top-end shopping centers in China to strengthen its market position as one of the nation's largest retail groups.

The Malaysian retail giant said new stores will be located in Shanghai, Hangzhou, Chengdu and Xi'an in a wider distribution network that will allow it to tap China's fast growing consuming markets. Parkson now has stores in 26 cities in 18 provinces after entering the market 10 years ago.



(For more biz stories, please visit Industry Updates)