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The first Watsons store in China opened in April 1989. Located in Beijing's newly opened Palace Hotel, the shop's products were all shipped from Hong Kong, and were therefore for sale in foreign exchange certificates only. Watson's management thus expected the shop's customers to mainly comprise foreign tourists.
Rossmann celebrated its 2,000th store milestone in 2009, while Watsons opened its 500th store in Mainland China. COOL bottled water was revamped and re-branded to refresh its image. During 2010, Watsons card membership reached the 15 million mark. 2011 saw DC Ukraine re-branded as Watsons, and Watsons China opened its 1,000th store.
The key players in the drugstore industry in China are: China Nepstar – Shenzhen-based; China's largest; Super-Pharm – Israeli company; had about 65 stores in China as of 2007; Watsons – owned by HK-based Hutchison Whampoa
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He pursued an aggressive path of diversification, acquiring A.S. Watson, Davie, Boag and Co. Ltd., Hong Kong and Whampoa Dock Co. Ltd., and China Provident Co. Ltd. A decade later, however, the conglomerate reported losses of HK$130 million and became unable to service its growing debt. [3] [4]
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Online supermarkets in China are shopping websites that offer grocery buyers a complete shopping solution from a single online platform. The emphasis on these sites is to provide consumers all the products they would normally find on a supermarket shop floor, but delivered direct to the house or office door.
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