Retail- 2004 tsunami the arrival.docVIP

 PAGE \* MERGEFORMAT 17 Retail: 2004 tsunami the arrival Quiet work of local enterprises District where one has a supermarket, convenience stores opened one after another, low-cost, discount red characters Liaoluan consumers eyes. In this red-hot market, behind China’s retail enterprises are facing increasingly fierce competition, more and more difficult living environment. Fully open to foreign investment, which means not yet mature retail enterprises in China have lost the final Yiping, they quickly if you can not grow up in a short time, which means in this world will lose the last chance of survival. Yuzuo Greater China, the local retail industry should be consolidated at the national level for low-cost strategy, seems to be the industry consensus. In early 2004, from Shanghai to 100 Group, Hualian Group, Friendship Group, the Group supplies a merger of four companies in China’s largest commercial circulation enterprises ‘Brilliance Group Co., Ltd.’ formally. While the Northeast’s largest commercial reputation Wang Commercial Group Zeyi grafting methods laid in the Northeast region and more than 40 retail stores; and replenishment of Shijiazhuang, the North were holding 100 groups 260 million yuan. This shows that the cross-regional strategies make substantial progress. October 24, 2004, the Shenzhen Bay Retail Group Ltd. and Beijing New Yansha Group, established Beijing Golden Resources New Yansha MALL opened, becoming Beijing’s first large SHOPPING MALL. Some well-known old and famous are also seeking to ‘chain’ self-help, Xidan, Wangfujing East Turkistan westward, and chain stores spring up all over. December 8, 2004 morning, Xidan Shopping Center in Lanzhou, two fresh supermarket opened at the same time; December 12, Xidan Shopping Center in Qinghai out a modern department store; by the end of December, Xidan Shopping Center in Chengdu, a 40000 square-out m department store ... ... The hanging ‘Wangfujing Department Store’ characters signboards