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
EVP, Catalog/Online Store
National Geographic Society
Washington, Dist. Columbia
Senior Director, Learning and Workforce Development
National Retail Federation
Washington, Dist. Columbia
Director, Leadership Development & Talent Acquisition
Hibbett Sporting Goods, Inc.
Birmingham, Alabama
Vice President of Marketing
Blair
Warren, Pennsylvania
Commercial Building Products Sales Specialist
Parksite Inc
Columbia, SC