Sales Of Martha Footwear And Clothing Sales In UK Retail Giant Continue To Fall
< p > the sales of < a target= "_blank" href= "http://www.91se91.com/" > shoes < /a > products in British retail giant Martha department store have dropped for eighth quarters.
Such a dilemma makes Martha's chief executive face the challenge of his 800 shareholders.
However, he has reorganized a target= "_blank" href= "http://www.91se91.com/" > clothing /a department and retail team, and has drawn up a detailed plan to try to boost the clothing business.
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Martha P, a British retail giant, announced that sales in the UK increased by 0.3% this quarter.
Strong food sales offset the fall in clothing sales.
Sales of its food business in the UK market increased by 1.8% over the same period last year.
But general merchandise (including clothing, footwear, household goods) fell by 1.6%, down eighth consecutive quarters.
As a result, about 800 shareholders of Martha's Department questioned the management at the annual meeting of Wembley Stadium.
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< p > CEO of the company does not want to cover up their displeasure, just want to be frank, but even so it is not satisfactory.
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< p > he recently reorganized the clothing department and the retail team, and drew up a very clear plan to try to boost the sluggish clothing business.
In May, its team introduced a new clothing series and sales strategy mode.
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< p > some analysts say the success of these strategies will depend on the autumn and winter clothing series listed later this year.
These series of clothing have been well received in fashion media.
Clothing is the cornerstone of Martha's business, especially women's clothing.
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< p > although sales of clothing and other "conventional products" are not satisfactory, sales of Martha's food products are very pleasing.
In the past 13 weeks as of June 29th, total sales of Martha's food increased by 3.3%.
This growth has been helped by an increase of 30% in online sales and an increase of 8.7% in international sales.
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The P economic crisis in the euro area has affected sales in some areas, but Martha said business in the region has begun to stabilize.
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Martha P has been established for 126 years and is the largest multinational business retail group in the UK.
Martha stores has opened 600 branches in the UK, and has opened 285 branches in 40 countries and regions throughout the UK.
In 2008, Martha stores opened the first branch in mainland China in Shanghai.
Looking at its development for more than 100 years, we will find that Martha's department store has been constantly innovating, and has repeatedly triggered revolutionary changes in the department store industry.
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