Japanese Retail Giant PARCO Or Settled In Yangzhou
domestic Retail The slowdown did not affect the gold rush of foreign brands. Yesterday, it was reported that the PARCO Department belonging to J.FRONT Retailing, Japan's largest retail giant, is expected to settle in Yangzhou.
The head of PARCO Department recently inspected Yangzhou West and JINGWAH City, or will cooperate with JINGWAH city. The western new town and the JINGWAH city center have a new business district with a total planning of 2 million square meters.
According to introducing, PARCO department store belongs to Japanese listed company, is the first big department store giant J.FRONT Retailing holding enterprise.
PARCO Department stores advocate modern fashion lifestyle, combining fashion, music, film, publishing, entertainment, art and other elements, focusing on differentiation with competitors. In addition, PARCO department store is also a representative commercial fashion landmark in Japan.
In fact, the domestic market has attracted many famous international department stores, among which there are many Japanese funded enterprises, but the domestic retail market in the changing period also makes businesses face challenges.
In April of this year, Japanese funded enterprises Hua Tang has announced the closure of the halls hall, which has been ploughing for eight years in Wangjing, Beijing. Before that, a number of foreign-funded department stores such as Japan's West Wu department store were forced to withdraw from the Chinese market.
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No matter which country or culture, people always believe that there is a causal theory of necessity and that everything in the world is connected. It is precisely this kind of ideological keynote. Whenever a thing happens, people want to follow the clues and find out the reasons. Especially when there are negative events or things are going downhill.
Consumer electronics retailers were finally unable to sit on the table. They began to complain to the industry about their blood and tears industry. The first thing to do was buy best buy. According to best buy, best seller's sales fell by 3% in the last quarter, which was only 9 billion 40 million dollars.
Even with the strength of the store, the retail sales of the firm shops have dropped by 1.9% over 14 months. What worries the best buy is that sales of best buy will continue to fall in the next two quarters.
Not only is best buy, but the global consumer electronics retailers' earnings have not been satisfactory in recent years, almost showing that sales and profit margins are falling. As a result, almost all concerned are seeking the ultimate cause of the present result.
At present, there are many reasons for the decline of consumer electronics retailers' earnings, such as the rise of human / operating costs and the erosion of online shopping. But in my view, it is because of the source, apart from the problem, there is no revolutionary consumer electronics product that attracts consumers.
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