China Resources Enterprise's (0291.HK) wholly owned supermarket subsidiary CR Vanguard announced that it plans to enter Hubei Province by opening a supermarket in third-tier city Huanggang, in Huangbei County, Changjiang Business Daily reported April 27. The supermarket will cover around between 15,000 and 18,000 square meters and be completed by the end of 2010, according to the report.
CR Vanguard also intends to open a retail store in Tianjin under its high-end brand "Ole," reported linkshop.com.
