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RetailPress Release

Chinese retail giant Suning to invest EUR 5 billion in 2020 retail strategy

Nanjing, China - Chinese commercial giant Suning Holdings Group has revealed its strategy for 2020, with the firm’s founder and Chairman Zhang Jindong announcing that in its 30th anniversary year the business will create more than 10,000 new stores and 8,000 new jobs, while investing at least 40 billion RMB (approx. EUR 5 billion) in new...

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