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Suning.com ("The Company"), a Fortune Global 500 retailer owned by Suning Holdings Group, has announced the establishment of its Department Store Group, which will focus on the fashion department store business to strengthen its omni-channel aims.
The Company will also acquire all Wanda Department Stores across China, belonging to Wanda Group, the large Chinese commercial real estate developer, to expand its bricks-and-mortar retail portfolios and facilitate the all-categories...