Discount Retail Chain Lidl Global CEO Kenneth McGrath recently made his first strategic trip to China, meeting with Wumart Group (Wumei) to explore opportunities in retail innovation. When contacted by DRC China for verification, Wumei stated that this was merely an industry exchange visit and that there are currently no formal cooperation or operational plans in place. With competition in China's hard discount sector heating up, is Lidl’s visit at this precise moment a simpl

Online Retail Chain Meituan opened its first discount store in Hangzhou, China. The discount format has the brand name is "Happy Monkey"....

Discount Retail Stores Dali and Robinsons Retail Holdings Inc.'s affiliate, O!Save, are giving stiff competition to traditional...

Discount Variety Retail Chain Flying Tiger Copenhagen, the variety retailer that sells everything from water guns to yoga mats, plans to...