Despite the downturn in the economy, Christian Nothhaft, managing director of Watsons China, has announced that the company plans to open 120 new stores in 2009, which means opening two new stores weekly. Several years ago, the Hutchison Whampoa subsidiary announced plans to open 1,000 stores in mainland China. Nothhaft said the although the current […] ↓ Read the rest of this entry…