Beijing North Garden Store Will Be Closed.

< p > > a href= "http://www.91se91.com/news/index_c.asp" > Ito Yang Hua Tang < /a > told the media that the main reason for closing the shop was that the North Court store of the halls has not been able to make profits since its opening. Although the shops have been adjusted continuously, it has not been effectively improved, and the operating costs such as rising labor costs and rents are still running high, and the operating profit is not enough to cover the total expenditure.

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< p > according to the reporter's understanding, it is not a case that the halls store is closed.

The statistics show that in the first half of 2014, the main retail enterprises closed 158 stores in China, far exceeding the number of stores closed by 2013 in the whole year, and the tide of closing shop in department stores has already appeared.

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< p > < strong > Beiyuan store "less than 5 years old" < /strong > /p >

< p > Hua Tang mall, < a href= "http://www.91se91.com/news/index_c.asp" > Beiyuan Dian < /a > was opened in September 2009 and has been operating for less than 5 years.

According to NetEase financial information, in July 11th, Beiyuan shop closed supplier briefing, the official of the halls Shopping Center said that although the sales of food products in the restaurant were close to profitability, but because other categories had been losing money and the amount was large, the overall profit expectations were still slim, so they had to close the store.

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Fan Yanru, Deputy Secretary General of the China brand business alliance, told reporters that the North Court store in the halls has been running poorly. The main reason is that the competition among enterprises in the business circle is too fierce. In fact, many cities in the country lack reasonable planning for P, which leads to over opening of stores.

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< p > it is understood that there are dozens of retail businesses such as Carrefour, bu bee lotus, Wuming, Jingkelong, Hualian, Longde Plaza, Yi Shi Da Plaza and Beichen shopping center within a few kilometers of Huitong mall Beiyuan shop.

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< p > this is not the first store closed by Ito.

At the end of April this year, Hua Tang mall announced the closure of its store for 8 years, located in Wangjing, Beijing.

In January 13th last year, the Wangfujing store in Jinsong was also closed after 8 years of loss.

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< p > May, according to Japanese reports, Ito Yang Hua Tang is pushing a href= "http://www.91se91.com/news/index_c.asp" > China < /a > to promote a strategy called "abandonment and reconstruction" (Scrapandbuild). It is possible to continue to close the 2~3 shop and turn its attention to the fast-growing "food store" and "high-end supermarket".

Yesterday, the reporter verified the matter to Hua Tang shopping malls, but failed to contact the responsible person.

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The development scale of Ito's "Yang Hua Tang" has not been expanded since it entered China in, and now it only develops in two regions of Beijing and Chengdu.

In 2012, the sales volume of 5 stores in Chengdu reached 5 billion yuan, while the 8 stores in Beijing's hate hall trade were only about 2 billion 500 million yuan, and the gap was very large.

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< p >, therefore, Ito Yang Hua Tang wants to change this situation.

In May this year, Ito Yang Huadun launched the biggest personnel adjustment since entering China. Besides Jin Xiaosu's first female general manager in Ito's Chengdu hall, the top management team of the company dispatched the capital to Beijing to save the unfavorable situation.

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< p > however, Fan Yanru said that it did not favor Ito's action in Beijing, because the poor efficiency of the stores was not a matter of talent and management, but of great environment and structure.

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< p > < strong > large scale shop closing tide begins < /strong > /p >

"P" is the same as in the Hua Tang shopping mall announcing the closing of Beiyuan store. Meanwhile, another leading department store Wangfujing recently closed the store in Zhanjiang, Guangzhou.

In fact, since last year, China's retail industry began to enter the mass market.

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< p > statistics show that in the first half of 2014, the main retail enterprises closed 158 stores in China, far exceeding the number of 35 stores in 2013.

Among them, department stores closed 12 stores, 3 in central department stores, 2 in Baisheng department store and Baole department store, and 1 in Shang Tai Department store, halls shopping mall, Xinguang department store, modern department store and Nanning department store.

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< p > supermarkets have closed many stores, as many as 146, of which 9 have been closed by WAL-MART, 5 by Lotte Mart, 2 by Century Lianhua, and 1 by Huarun Wanjia, Yonghui supermarket, Beijing Hualian, Sino hundred warehouses, Heng Kelong and Carrefour. Sichuan home and supermarket have closed 26 stores due to broken capital chain, and 100 supermarkets have failed to test the water and closed 98 stores in Henan, Shandong, Jiangxi and other places.

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Liu Hui, chief consultant of Beijing P Retail Management Consulting Co., told the daily economic news reporter that according to statistics and projections, it is expected that before 2017, Chinese department stores will have 30%~40% stores closed.

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< p > Ding Liguo, a senior retail expert, said that there were three main reasons for China's retail industry to enter the large-scale customs shop. First, the overall retail structure pformation, the new retail format, the emergence of electricity providers, the impact of traditional retail enterprises began to decline; two, the overall macroeconomic situation continued to slump; three, the attitude of foreign retail enterprises to China's retail market changed, and the shop was cautious before, and now it is leading the store.

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< p > at the same time, the merger and acquisition between enterprises began to flourish.

In May 29th of this year, Huarun Wanfang, China's largest retailer, announced that the joint venture agreement signed by Huarun, its parent company and TESCO, has been approved by relevant government agencies in China. TESCO Tesco has been officially acquired by Huarun.

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< p > Ding Liguo believes that the first acquisition of foreign retail giants by Chinese enterprises is a landmark event beginning with the wave of mergers and acquisitions. More and more mergers and acquisitions will take place in the future.

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