E-mart decides to shut China operations

E-mart has decided to close down its business in China two decades after it first entered the country, the company said on May 2.E-mart currently has six stores in Asia’s biggest economy, following moves to downsize operations from 2011 onward. It plans to wrap up its business by selling the remaining stores that are mostly located in Shanghai and on the outskirts of the city, over the coming months, an official fr

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