Bailian Tops List Of China's Biggest Chain Stores; Walmart, Yum! Make The Top 10

Suning Commerce Group of Nanjing, China’s biggest appliance chain, topped the latest survey of China’s 100 top chain stores published annually by the China Chain Store and Franchise Association. Suning, whose chairman Zhang Jindong ranked No. 412 on the 2013 Forbes Billionaires List with wealth of $3.3 billion, beat last year’s No. 1, Bailian Group.  The 2013 list was announced yesterday.  The following is a list of the top 30 in English. Sales from 2013 are provided in renminbi .  Click here for last year’s top 30.     1. Suning Commerce Group, 124 billion yuan 2.

China's top newspaper on Wednesday published a call for a review of Japan's sovereignty over the island of Okinawa -- home to major US bases -- with the Asian powers already embroiled in a territorial row.

The original Borders store opened 40 years ago in Ann Arbor, Michigan as an independent bookseller, and after today its flagship two-story, 37,000-square-

Walmart is opening small versions of its mega-stores on college campuses.

Indian Oil & Natural Gas Corp announced 17% drop in fiscal Q3 profit, while stocks gained 15% in 2013. Yum Brands Inc. plans to open between 60 and 70 new KFC restaurants in Russia. Apple will open its third research and development center in Israel. Gregg Lemkau is the new head of Goldman Sachs’s Global Mergers and Acquisition Team.   

Last Monday, Dollar General, the nation’s largest dollar-store chain, posted better-than-expected profit, helping boost the company’s stock, which is up 15% year to date. And earlier this year, the discount retailer announced plans to open its 11,000th store by the end of the 2013 — an impressive figure for a discount retailer. The only other companies to boast store counts that high are fast food chains like McDonald’s and Subway. And Dollar General isn’t the only dollar chain to have had success in recent years.

(Reuters) - Kevin Wale will retire o