Article: JINGKELONG TO OPEN 40 RETAIL OUTLETS IN BEIJING IN 2009


AsiaInfo Services
01-09-2009
Jingkelong to Open 40 Retail Outlets in Beijing in 2009

BEIJING, Jan 09, 2009 (SinoCast Daily Business Beat via COMTEX) -- Beijing Jingkelong Company Limited (SEHK: 0814, Jingkelong) will keep its expansion pace this year, planning to set up 40 retail outlets or so in Beijing, the Hong Kong-listed chain supermarket operator said on January 8, 2009.

The to-be-opened outlets including two hypermarkets, eight supermarkets, eight convenience stores, and more than 20 franchise stores.

Jingkelong Executive Director Li Chunyan says that the company will still focus on the Beijing retail market in the coming three to five years. By the end of December 2008, it had 243 ...

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