Chinese electronics and home appliances retailer Gome has published its unaudited results for the first quarter of 2011, and it is also the last quarterly report before Chen Xiao, former chairman of Gome, departed the company.

Chinese home appliances and electronics retailer Gome has announced that it has signed a franchise license agreement with the 2010 Shanghai World Expo to become the authorized retailer of World Expo-related home appliances.

German retail giant Metro has announced that its electronics sales subsidiary Media Markt will establish a joint venture with Taiwan-based Hon Hai Precision Industry for electronics retail operations in mainland China.

Chinese electronics retailers Dazhong and Gome have announced that they have launched mobile phone trade-in activities in Beijing, offering up to CNY200 subsidies for old phones.

After a two-month preparation period, Beijing has formally launched its home appliances and electronics "old-for-new policy" and the detailed implementation regulations have also been published.

Chinese electronics retailer Dazhong has announced plans to renovate its CCTV Tower flagship store into China's first electronics shopping mall, which is expected to be opened in the second half of April 2009.

While most electronics companies are busy cutting staff, Chinese electronics retailer Gome announced plans to hire 20,000 migrant workers for its four subsidiaries in China.

Having opened 65 stores in Beijing, the Chinese electronics retailer Dazhong, which was recently acquired by Gome, plans to close four unprofitable stores in Beijing as part of an internal network restructuring.

Chinese electronics retailer Gome, whose chairman Huang Guangyu is currently under investigation for financial crimes, has started initial negotiations with foreign investors for the possibility of sales of stakes in the business.

The Japan-headquartered TV maker Sharp has signed a CNY1 billion LCD TV supply and marketing contract with Gome Electrical Appliance at the Chinese retailer's headquarters in Beijing.

The Chinese technology products retailer Buynow has announced the opening of a flagship store at Yuexiu Shopping Square, which is also its first chain store in the Chinese capital, providing consumer electronics to local residents.

According to local media, the American electronics retail chain Best Buy (BBY) will open a new store on the B2 floor of Beijing's SciTech shopping center in November 2008, marking the beginning of its expansion in the capital of China.

According to the second quarter financial report in 2009 fiscal year of the international electronics retailer Best Buy (BBY), the company has gained the approval of Chinese local government to open four new stores in China.

According to an insider of Chinese electronics retailer Dazhong, Nokia (NOK) has agreed to sign an exclusive cooperation agreement with the appliances retailer to make Dazhong the first seller of Nokia's new handsets in Beijing in September 2008.

Chinese retailer Dazhong Electronics released a report on its appliances sales during the 2008 Olympic Games and Mao Xiaojun, general manager of Dazhong, said that the company's net profits doubled in the first six months of 2008.

China's State Administration of Taxation is investigating the stub invoices of value-added tax paid by the three major home appliance retailers Gome, Suning and Dazhong, which are suspected of reporting decreased revenue to evade taxes.

Chinese home appliance retailer Gome has signed a strategic agreement with PC manufacturer BenQ on selling the latter's PC products exclusively at its retail outlets across the country.

Chinese home appliance retailer Gome has announced plans to reclaim used mobile phones at its chain stores across the country in an effort to create a green industry chain for mobile phone consumption.

Chinese home appliance retailer Gome has announced plans to launch an extended after-sales service for home appliances bought from its retail stores.

Chinese electronics retailer Dazhong announced plans to launch a 15-day campaign to recall used mobile phones at 10 of its stores from January 30.

Chinese electronics retailer Gome has not slowed its acquisitions following the buyout of its competitor Dazhong for CNY3.65 billion last year. The retailing giant has now acquired another local electrical retailer BF Electric Inc. in Datong, Shanxi.

Following the change of its management structure from the original seven regions to 12 regions in July last year, Chinese electronics retailer Gome has made another major adjustment on its structure by reducing the 12 regions to 6 and transferring the operation and management rights to the lower level of each of the six regions.

American electronics retailer Best Buy (BBY) announced that because of personal reasons, Lv Weimin, senior vice-president of Best Buy Group, and chairman and general manager of Best Buy China, has resigned his post.

Chinese home appliance retailer Dazhong, which was acquired by its competitor Gome in late 2007, said it would aim to achieve CNY10 billion in sales and further strengthen its position in the Beijing market in 2008.

By Perry Wu While many media outlets publish their annual re-cap lists a couple weeks before the end of the year, I like the idea of waiting for the year to end, then digesting it, before creating a list.

Suning Electronics says that it has decided to cease the acquisition of Dazhong because the two sides have failed to reach an agreement on some core issues.

According to 163.com, Chinese electronics retailer Suning will acquire its competitor Dazhong for CNY3 billion.

A representative from the Marketing System Construction Division of the Ministry of Commerce has disclosed to local media that MC has published a new regulation on the operation of home appliance retail stores.

Ren Weiguang, general manager of Motorola (MOT) Mobile's Terminal Department in China, has told local media that Motorola is adjusting its domestic channels in China.

Chinese electronics retailer Suning announced that it has spent CNY730 million on buying two properties in Shanghai and Wuhan, respectively, for flagship store construction.