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Hong Kong-based firm The Fenix Group may sell its majority shareholding in high-end supermarket operator Hong Kong’s CitySuper Group. According to Bloomberg, if potential buyers show interest in the stake, it may be worth between US$300 and $400 million. Any…
Upmarket Hong Kong supermarket operator City’super says it is planning to expand on the mainland. Currently the company has four supermarkets in Hong Kong and five in Shanghai. It opened its first store in Times Square in Causeway Bay in 1996 and its first in…
Many customers buy imported food and wine at Hong Kong’s City’super but few would know the group of founders were closely involved with a chain of Japanese department stores. In the 1980s high-end retail fashion and food markets were dominated by those…
