Australian Live Cattle Exports Will Double.

according to

Media reported last week that the Australian government is negotiating with the Chinese government on the issue of live cattle exports.

The negotiations are drawing to a close. If the two sides reach an agreement, Australia will export live cattle to China every year worth up to 1 billion Australian dollars.

Australia

Long Barnaby Joyce represents live cows in China and Australia.

The total number of live cattle exported to Australia each year will reach 1 million on average, and the total number of live cattle exported to Australia will be doubled.

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The dismal operation of department stores in the first three quarters made the voice of mode change again.

Beijing Business Daily reporter compared Wangfujing, Tianhong, Cui Wei shares, Beijing city and countryside, the first five shares of the Department of the first three quarters of the earnings report found that the decline in business revenue has become the norm, and some enterprises net profit plunged nearly 40%.

Correspondingly, the retail industry is also accelerating the winter.

At the same time, the voice of the retail industry weakening the joint venture's return to self employment is one after another in the industry.

In the 1-9 month of this year, except for the achievement of 12 billion 33 million yuan and 6.42% year-on-year growth, the other four major stores suffered heavy losses in the three quarter.

Beijing's urban and rural operating income was 1 billion 590 million yuan, a drop of 11.64%, a decrease of 9.09% in Cui Wei, and a decrease of 6.77% and 2% respectively in Wangfujing and the first business shares.

At the same time, the net profit from the first three quarters attributable to shareholders of listed companies was 175 million yuan, down 39.67%; even the Department Store bigwigs Wangfujing also saw a 15.08% slide; the data of Cui Wei shares fell 34.95% to 66 million 130 thousand yuan.

In addition to the overall market environment, the high price of the traditional department stores has become an important factor hindering consumers' purchase intention.

The Beijing Commercial Daily reporter interviewed Ms. Wang, a sweater named "en", whose price was 2890 yuan, and the price of Tmall was 1445 yuan.

In the sixth quarter of today's "double 11", Tmall, Jingdong, Suning, Gome and other major e-commerce providers have launched online price wars, which have an impact on the offline department store industry.

From last year's Sanli store in Beijing's old department store to this year's Parkson and Hua Tang shopping mall, shops have been worried about the future of traditional department stores.

In May, Beijing Hua Tang closed the Wangjing store; in September, Beiyuan shop closed shop.

Beijing Business Daily reporter learned that, next year, the halls Xizhimen shop will also be closed, which means that the Beijing hall will shrink to 5 stores and 1 food restaurants.

Wan Wenying, deputy director of the Beijing business association and Deputy Secretary General of the business association of Beijing, said that the department store had lost its original ability to buy stores and played only the role of "two landlords".

In order to change the dilemma, traditional department stores need to return to their essence. The mode of joint operation should be weakened or terminated as soon as possible.

Data from the North Business Research Institute show that in the relatively developed U.S. and Japan, the main business mode of department stores is the buyer system, which makes the pre tax profits of the shopping center mostly exceed 35%, and the lowest is around 25%.