Japan's Aeon Mall establishes China headquarters

Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

Aeon Mall, a business unit belonging to major Japanese retailer Aeon, will set up its China headquarters in the northern port city of Tianjin, according to an agreement signed between Aeon Mall and the Tianjin Economic Technological Development Area on Tuesday.

Aeon Mall will establish an investment company in Tianjin with initial registered capital totaling 226 million U.S. dollars, according to the agreement, adding that the company will be in charge of the construction and management of Aeon malls in China.

Aeon currently has shopping malls in the cities of Qingdao, Beijing and Tianjin. It is expected to open another three malls in Tianjin over the next two years.

• Mall developers trying to dazzle picky shoppers
• China to have 4,000 shopping centers by 2015
• Shopping malls boom in China on urbanization
• Retail therapy: more than shopping
• Shopping malls boom in China on urbanization
• Suspect accused in mall fire that claimed 10 lives
• Beijing shopping malls report New Year golden craze
• 3 shopping malls evacuated in Indian capital after bomb threat
• Four detained for shopping mall fire in NE China
• Snapshots in Chamdo shopping mall

We Recommend

• Helicopters, tanks seen during China-Russia joint drill
• Conjoined twins separated in groundbreaking surgery
• Magnificent First Bend of the Yellow River
• Unmanned Systems 2013 Exhibition kicks off in Washington
• 3D painting, new way to promote apartment sale
• Eat your way to glowing skin