Department Store Weekly: Hongkong Economy Suffered Heavy Losses In The Two Quarter, Penny's Department Is Being Delisted

In the past week (8.5-8.11), the layout of the market in the eastern part of the hundred counties; the joint venture network issued the retail executive pay list; Hongkong's economy in the two quarter was hit hard.

　　 How do Dong Bai, a habitual high-end business, leveraging the business of county-level cities?

"China has a large number of four or five line cities, and the mining space of commercial value is very large." Yuan Xingfu told Lian Shang network that through the operation practice of Fu'an hundred hundred cities, Dong Bai business explored the business model of the county level market. For county level businesses, the promotion of brand power is undoubtedly a great attraction. From the current brand layout, Fu'an East hundred cities have broken many brand "but Jiangdong" the default law.

　　 How high is the annual salary of executives of retail enterprises? Here's a detailed list.

According to the 2018 annual report of the major retail enterprises, the joint retail network research center made a special list of the top executives list of listed retailers in 2018. This time, the joint business network retail research center counted the remuneration of 251 listed retail executives in 2018.

　　 Tianhong continues to plough Jiangsu market and sign Changshu beauty city leisure Plaza project.

In August 6th, Tianhong mall Limited by Share Ltd and Mei Di Yang Group signed formal cooperation on the project of "Mei Cheng leisure Plaza" in Changshou City, marking the further development of Jiangsu market.

　　 Hongkong was hit hard by the violence in the two quarter, and the retail industry declined significantly.

Chen Maobo, the financial secretary, said the investment in the second quarter dropped by two digits, the worst case in more than a decade. Retail sales showed a sharp decline. Restaurants, tourism and accommodation have fallen across the board.

　　 Golden Eagle Tanabata sales romantic marketing single day sales of over 180 million yuan

On the eve of the Tanabata night, the stores under the Golden Eagle Business Group carefully constructed a romantic atmosphere on the seventh night of the seventh lunar month, and spent more than 1 million people holding hands together to enjoy the sweet season. Sales exceeded 180 million yuan on a single day, and the number of new businesses in many stores nationwide rose by 20% over the same period.

　　 Shares remain below $1. Penny is facing delisting.

On Thursday, Penny Department disclosed that the New York stock exchange informed the group in August 6th that its stock failed to reach a continuous listing standard of closing market price of not less than $1 per share for 30 consecutive trading days, which meant that the US Department store retailer was facing the risk of being delisted.