Maidelong reshuffles top management

Maidelong, or Metro China, the high-end retail format of Wumart Group, has reshuffled its top management, installing retail veteran Andrew Miles as executive chairman and appointing Xu Shaochuan as CEO, in a move that indicates intensifying competition in the country's fast-growing membership-based retail sector.

The changes, effective since Monday, also see former Metro AG executive Tino Zeiske transition into an advisory role, according to a company statement.

Miles, who previously held senior roles at Walmart China and led the expansion of Sam's Club China, will focus on long-term strategy and value creation. Xu will oversee day-to-day operations, with both executives tasked with sharpening customer focus, boosting efficiency and driving profitable growth.