Hong Kong's ParknShop draws bids from 8 suitors

China Resources Enterprise, one of eight companies to submit bids last week to buy Hutchison Whampoa's Hong Kong supermarket chain ParknShop, said Wednesday it may team with Tesco to buy the chain, which could be valued as high as $4 billion. Earlier this month, China Resources and Tesco said they would form a joint venture to run Tesco's 131 China stores.

View Full Article in:

Bloomberg · Wall Street Journal (tiered subscription model), The · Reuters

Published in Briefs:

SmartBrief Job Listings for Retail

Job Title Company Location
Talent Relations Coordinator
HSN
Saint Petersburg, Florida
Analyst, Store Strategy and Method Improvements
Ross Stores, Inc
Dublin, California
Product Manager
Smithsonian Museum Retail
Washington, Dist. Columbia
Mgr of Merchandising and Supply Chain Systems
BJ's Wholesale Club
Westborough, Massachusetts
communications program manager, Partner Resources-Seattle, WA
Starbucks
Seattle, Washington