date:May 21, 2014
en up to 110 facilities in the country between 2014 and 2016 and was looking to close 15-30 others over the next 18 months as part of a rationalization process in the country.
Its local rival, Sun Art Retail Group Ltd, said in March it would continue to maintain steady new store expansion after China's top hypermarket operator posted a 15.2 percent rise in 2013 net profit with an expanding store network helping it shrug off an economic slowdown.