Jan 12, 2012
Lianhua is the retail division of the Bailian group and owns more than 5,000 stores, including half located in Shanghai and 80% in the east of China. It opens 300 to 500 stores annually among which 15 hypermarkets. Over the next five years, the retailer will create an online site and seek merger and acquisition opportunities. Chinese Bailian, born from the merger of several local retailers, sits in the 8th position of the Asian retail market...
