Suning to acquire all Guangzhou Circle K stores

Suning Xiaodian, the convenience store chain owned by Chinese retail giant Suning, has announced it is buying more than 60 Circle K outlets in Guangzhou province from Hong Kong’s Fung Retailing to further consolidate its position in South China. Fung Retailing will sell all its shares in subsidiary Liya South China Convenience Store to Suning […]