There Will Be A Closure Of Department Stores In Taiwan In 2011.
According to the Taiwan Lianhe Bao, the density of Taiwan department stores is among the best in the world. At present, there are more than 60 stores in the whole market, and 7 new department stores are expected to open in the second half of 2010.
In the face of the "Warring States era" of department stores, the industry estimates.
Reported that the Japanese department store density is too high, the impact of the financial turmoil, fierce competition among businesses, and online shopping to seize the market, Japan has more than ten department stores closed, in 2009, the Japanese department store revenue, compared with the peak period in 1991 by 1/3.
The report pointed out that Taiwan department store is facing the same crisis, and the amount of consumer shopping is reduced, and with the business district and the same nature department store, the department store's performance growth is very limited in recent years.
According to the data released by the Ministry of economic affairs, the annual turnover of Taiwan online shopping in 2009 was close to 300 billion yuan (NT $, the same below). In 2009, the total turnover of Taiwan department stores was only 232 billion 200 million yuan.
A chain store chief said, "next year, there will be a big reshuffle for Taiwan department stores. Many stores with poor physical fitness and poor performance will be faced with a crisis of closure."
In addition, the industry revealed that the performance of a large department store in Taipei has been poor for many years, resulting in a number of failures. A department store in Taichung was dragged down to the end of the year because of the financial drag of the head office. Kaohsiung has a number of local, chain stores, with less than 2 billion yuan in annual revenue, and is losing money. If the situation can not be improved, there will be a bankruptcy crisis.
It is reported that over the past few years, the island department store has quietly shuffled the cards, the butterfly and ZTE were dragged down by the parent company's finances, and Central Asia, Xian Shi, New York, New York and other poor performance, the choice to end or pfer to others, there are still more businesses in the future facing the same crisis.
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