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China still key destination for retailers' expansion
date:Dec 24, 2013
vely, leading international players are expanding and fighting for market share, as operating costs and real estate costs continue to rise.

Both Wal-Mart and Gap face tough competition, from competitive local players, such as China Resources Vanguard and Yonghui Superstores for Wal-Mart, to large international players such as Carrefour for Wal-Mart, and Zara, HM and Fast Retailing for Gap, Song explained.

For retailers like Wal-Mart and Gap, e-commerce has also posed challenges in its sales fi

07/10 07:02