WAL-MART Lian Guan Two Shop Haining United Road Branch Lishui Liberation Street Branch

WAL-MART has two more stores to shut down.

WAL-MART (Zhejiang) Department Store Co., Ltd. Haining Joint Road branch in Haining daily published a notice, announced that the store will be closed in April 16th.

It is reported that the shop is located in Zheng Xiang Commercial Plaza, opened in August 2010, and is the fourteenth WAL-MART store in Zhejiang.

It is worth noting that in February 26th and March 26th of this year, there were two public auctions of Haining Zheng Xiang Commercial Plaza, but none of the two auctions had been concluded.

Therefore, it was speculated that WAL-MART announced that it was closed or related to the auction of Zheng Xiang commercial plaza.

In response, the store official said the store was closed to further optimize the business layout.

It is understood that after the closure of the Joint Road branch, WAL-MART has no stores in Haining.

According to the love Haining client news, WAL-MART will not open new stores in Haining for the time being. If there is any suitable project in the future, WAL-MART will continue to open shop in Haining.

In addition to the Haining United Road branch, WAL-MART Lishui Jie Jie branch also posted a notice of closure today. The store will be closed in April 16th.

As for the reasons for closing stores, WAL-MART regional head of the Zhejiang Affairs Department explained the adjustment of the company and its operation and the layout of its strategic layout.

It is understood that the Lishui WAL-MART store is located on the first floor of Jinhui Plaza, Lishui. It opened in April 2009 with a business area of 12 thousand. It is WAL-MART's only store in Lishui.

The closure of the store also means that WAL-MART will completely withdraw from the Lishui market.

Since the beginning of this year, a total of 4 stores in Qingdao have been closed. In addition to the 2 stores mentioned above, WAL-MART's store in Taitung, Wanda Plaza, a store in Qingdao, was closed in March 25th. WAL-MART Nanchang liberation West Road shop was closed in March 26th due to the lease of the site.

In addition, it is reported that only one shop in WAL-MART Ji'nan, Quancheng Road store, will be closed after the expiration of the contract. The closing time is expected to be April, but it has not yet been determined.

If the news of Ji'nan store was true, WAL-MART withdrew 4 cities in 4 months - Qingdao, Lishui, Haining and Ji'nan, and WAL-MART withdrew 4 cities last year - Wuhu, Tangshan, Shaoxing and Harbin.

It is easy to see that WAL-MART is gradually shrinking the East China market.