June 13 – Yum Brands (NYSE: YUM) said same-store sales at its KFC and Pizza Hut restaurants in China fell 19% year on year in May, better than the 29% drop in April following a bird flu scare and an earlier scandal of substandard chicken supply. The May figure broke out to a 25% decline at KFC and a 12% growth at Pizza Hut.
June 13 – Marimekko, the top Finnish fashion brand, will open stores in Beijing and Shanghai this summer after analyzing recent fashion trends. The company first tried to crack the Chinese market five years ago but shelved plan as it felt the market "was not mature".
June 12 – French luxury retailer Givenchy said it plans to triple the number of its stores in China to 30 in the next two years to attract the nation's booming middle class.
June 10 – McDonald's (NYSE: MCD) began selling its first rice product in China to cater to local tastes. Rice Fun Wrap, served during dinner time, aims to take on Yum Brands' KFC that started localizing food in China more than a decade ago.
June 9 – China's retail sales grew 12.9% year on year to 1.89 trillion yuan ($308 billion) in May, including 202.3 billion yuan in restaurant receipts, which was up 9.2% from a year earlier, the National Bureau of Statistics said. In January-May 2013, retail sales grew 12.6% year on year to 9.19 trillion yuan, including 973.6 billion yuan in restaurant receipts, which was up 8.5% from a year earlier.
June 9 – China's consumer price index rose 2.1% in May from a year earlier, 0.3 percentage points slower than the rate recorded in April, according to the National Bureau of Statistics. The growth of food prices that make up one-third of the inflation basket shed 0.8 percentages to 3.2%.
June 8 – H&M opened a store in Xiamen, Fujian province. It is the Swedish fashion retailer's third store in the city and 135th in China.
June 7 – 51buy.com, a Chinese B2C site, said it hopes to increase its gross merchandise value to 100 billion yuan by 2016 from between 15 billion and 20 billion yuan in 2013. It is the second biggest B2C site in China when it comes to 3C goods. It also sells home appliances and daily necessities.
June 7 – Gome Electrical Appliances (HKG: 0493), China's second largest consumer electronics retailer by revenue, has opened a store at Tmall.com, China's dominant B2C site operated by Alibaba. Gome has its own e-commerce site and hopes to step up business from more platforms. It also operates over 1,600 brick and mortar stores.
June 6 – Tesco said that same-store sales growth in China was -4.9% in the quarter through May 2013, worse than the -2% in the previous quarter. The British retailer said bird flu and weaker pork demand were to blame.
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