Supermarkets check out new business models
By Meng Fanbin | China Daily | Updated: 2012-04-03 08:25
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Shoppers choose cabbages and cauliflowers at a Yonghui Superstores outlet in Fuzhou, capital of Fujian province. The Shanghai-listed domestic retailer attributed its 50 percent profit increase last year to rapid expansion across China. Yang'ena / For China Daily |
Foreign retailers are facing competition from the domestic players in smaller cities across country
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