WAL-MART Is Withdrawn From The Central West Road Branch Of Rugao In June 11Th

In June 3rd, Rugao Zheng Xiang Commercial Plaza Management Limited posted a notice on WAL-MART (withdrawal shop): to further optimize the commercial layout, WAL-MART Rugao West Road store will be closed from June 11, 2019.

From WAL-MART China's official website, Zhongshan West Road branch is a WAL-MART store in Rugao. The closure of the store means WAL-MART will withdraw from the Rugao market.

It is understood that the Rugao West China Road branch is located on the second, third floor of Rugao Zheng Xiang Commercial Plaza, which opened in April 26, 2012. However, WAL-MART has been in a state of embarrassment for seven years since its opening up.

Today, WAL-MART chooses to withdraw from the shop, in addition to the impact of the development of the electricity supplier and the optimization of the business layout of the headquarters itself, the poor state of the store itself is also a major factor.

According to big data monitoring, the Rugao WAL-MART shop is located in the vicinity of Zheng Xiang commercial square, with a population of 31237 people and a population of 47599 people.

The average daily passenger flow of shopping malls is 5546, and the average daily passenger flow is 6424 for holidays. This shows that the suction capacity of Zheng Xiang commercial square is not very high quality, and the WAL-MART as a main shop will naturally be affected.

Secondly, in 2018, two new supermarkets appeared in the vicinity of WAL-MART store in Rugao. They were the main attacking low quality fruits and vegetables, and jimilong, which mainly attacked low-priced daily necessities. WAL-MART's main business was to produce fresh, daily chemicals and other commodities to meet the needs of consumers. The opening of the two stores undoubtedly also partitioned off some of its customers.

WAL-MART stores closed from January 2019 to May

Counting the Rugao store closed in June 11th, the number of stores that WAL-MART stores in China will be closed to 9 this year. Altogether 8 cities have been evacuated: Qingdao, Haining, Lishui, Weifang, Zhenjiang, Fengcheng, Xuzhou and Rugao.

It is also reported that WAL-MART, a shop in Ji'nan, Ji'nan Quancheng Road store will close after the expiration of the contract, but the time of specific closing time is not clear. If the news is true, WAL-MART has withdrawn 9 cities in six months.

They are all located in Shandong, Zhejiang and Jiangsu, and the two new stores are distributed in Qujing and Changsha during the year. The commercial layout of WAL-MART in East China is shrinking rapidly.