Local Chinese supermarket to enter the second time the crisis.docVIP

 PAGE \* MERGEFORMAT 12 Local Chinese supermarket to enter the second time the crisis In December 2004, on the full liberalization of foreign-funded retail enterprises in the country as the mouth, Jia Yi in Guangzhou supermarket chain declared bankruptcy! ... ... In fact, such a supermarket in China and around the world commonplace bankruptcy each year there are more than 150 domestic supermarkets declared bankruptcy, such as Tianjin Yongchang, Da-Qian, Beijing people’s homes, Fuzhou Hua Rong and other minor celebrity in local businesses have already closed down. However, this time at home, remains crucial in the collapse of Yi can even say that China’s supermarket industry, the start of the second crisis. Jia Yi supermarket attached to one of the top 30 national retail companies, Guangzhou Bao Xin Group, was founded in March 2002, Capital 1 billion yuan, known as the Guangzhou ‘vegetable basket project’ and ‘popular works’ is a typical representative, 2003 years, home-Yi also to domestic, like most chain constantly conquer new territories continue to open branches, and successfully acquired the island in Guangzhou, another old supermarket prices, with an annual sales income of 2 billion yuan, more than 100 shops, more than 6,000 employees of large chain enterprises, and plans listed in Hong Kong, thunder a time without both. Voice of Praise one after another, even worse, that domestic enterprises can be imported before the advent of large E, we can long hard wings. However, declared bankruptcy in 2004 when, it was found that 550 million gap in its capital has been, Qian Dai 310 million, 241 million payment owed to suppliers, a loss of 100 million 3 million. In a few days ago, at home Yi also announced it to be listed in Hong Kong. In fact, irony of this is just more deception points to suppliers and consumers money. Looking at the domestic course of development of the supermarket format, we can find two major crises and the five deadly flawed. The two