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    Tianjin Business Friendship Ends Review Department Stores Find Another Way Out

    2014/5/23 22:10:00 56

    TianjinDepartment StoresRetail Business

    The Tianjin friendship business Limited by Share Ltd, which is going to be listed on the main board, will terminate the examination. The sponsor is Bohai securities. The previous audit status was "implementing feedback opinions", and the industry was the general merchandise retail business.


       Known as "China's first" Department store brand "


    According to official website data, the predecessor of the friendship business in Tianjin was built in 1958 and has a history of 55 years. As a representative of the state owned department store, we are committed to building the first department store brand in China.


    Tianjin Yichang friendship Limited by Share Ltd is a Sino foreign joint stock company jointly sponsored by one business group holding, foreign capital such as Lianhua supermarket, Shanghai spring run and other social capital and Bermuda Datang investment international, BVI WINKEY and other foreign capital in January 6, 2006.


    Over the past few years, Tianjin friendship has developed rapidly from 1 stores in 26 thousand square meters to a pioneer in the total area of over 300 thousand square meters and eight large retail stores. The scale of operation increased from 450 million yuan to 6 billion 500 million yuan, and the total assets of enterprises increased from 200 million yuan in 2002 to 3 billion 330 million yuan in 2012. In 2012, it ranked twenty-third among the top 500 department stores in the country.


    According to statistics, there are not many retail enterprises listed on the A share market, including Yonghui supermarket, Shanghai friendship group, Nanjing Xinjiekou department store, Beijing Wangfujing department store, etc.


    At present, the 2013 annual performance report of the listed companies in the retail industry has basically been announced. According to the statistics of the joint venture network, as of April 4th, 17 of the 41 listed department stores listed in annual reports showed a decline in net profit growth, accounting for about 41% of the total. In the 12 supermarket enterprises that have published annual reports, 7 enterprises showed net profit decline.


    In the 17 house Net profit In the downturn, more than 30% of the enterprises fell by 7. Among them, the net profit of Parkson Department store was 354 million yuan, down 58.4% compared to the same period last year. The net profit of ywang Wang was 86 million yuan, down 55.18% compared with the same period last year. It is noteworthy that the net profit of the year old treasure Department dropped 378% to -2.19 billion yuan.


       Guangzhou The largest private department store department store three new plates


    Prospective investment advisers believe that as early as 2010, there was a tide of listing in department stores, and retail businesses such as Jiahua department store, new world department store, Mao Ye general store, Saturday, Ren Ren Le, Tianhong shopping mall were listed, and the retail market became the main port for enterprises to enter the capital market.


    Zhou Qiang, general manager of modern department store, said many times that listing was the goal pursued by modern times. Now, in the face of the depressed market environment and the uncertainty of the IPO market, in March 31st, the modern department store threw out the public transfer instructions to choose the new three boards. He has been engaged in IPO consulting business for a long time, and has successfully provided a prospective investment consultant for four dimensional media, Jia Da early education, Yada shares, Huilong technology and other companies, and believes that with the acceleration of the new three board business, more enterprises will choose new three boards in the future.


    Modern department store was founded in 2002, focusing on fashion wearable products. It has 8 stores in Guangzhou, and the total area is about 150 thousand square meters. In recent years, the department store industry in Guangzhou has formed a competition pattern based on Guangzhou friendship, Guang Bai share, Tianhe department store, modern department store, four major department stores, Wangfujing department store and Xinguang department store, and so on. Apart from state-owned enterprises, modern department stores are the largest civilian department stores in Guangzhou.


    Compared with foreign department stores, China's department store industry has always been a small profit industry. At present, as competition intensifies, profits are not optimistic. The rise of e-commerce has gradually changed the consumption habits of consumers. Online shopping has become the primary choice of consumers, which has a huge impact on China's traditional department stores.


    Of course, many traditional department stores choose to touch the net and enter e-commerce, but there are no successful cases. A little successful Shop No. 1 or WAL-MART was not acquired by WAL-MART as a "biological child". It can be said that at present, department stores have not found many successful transformation models, and more are still going on in the past.

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