Costco acquired a piece of land in Suzhou - food tech news in asia

U.S. retail giant Costco is speeding up its layout in the Chinese market. On April 9th, subsidiary of Costco in Suzhou acquired a piece of land in Suzhou New District at the cost of more than 142.5 million RMB (US$20.2 million).

Costco plans to open a new warehouse store with a floor area of more than 50,000 square meters in Suzhou New District, which became a core business area, hosting companies such as AEON from Japan, IKEA from Sweden, Decathlon from France and Costco from . . .

This content is restricted to members only. Please press this link to register. Already a member? Please login.

You May Also Like

Packaging and brand merchandise are crucial tools for brands to increase sales 

The first impression is crucial in building consumers’ conception of a product.…

WE UNIQUE has anti-aging candy

Guangzhou WE UNIQUE Biotechnology launched a new collagen sodium hyaluronate soft candy…

Microalgae diversifies the functional lipids and protein ingredients

Demote, a developer and manufacturer of microalgae-based products received an angel financing…