日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

Post Mart forced to close some stores to cut losses

By Wang Zhuoqiong (China Daily) Updated: 2014-07-01 07:38

Post Mart forced to close some stores to cut losses

A Post Mart store has a grand opening in Shandong province in 2010.The retail supermarket chain has closed stores in Shandong and Jiangxi provinces and is subletting the stores to contractors in Henan province in a bid to stem losses. CUI PENGSEN/CHINA DAILY

Hybrid retailer shuts Shandong, Jiangxi outlets, sublets Henan unit

Retail supermarket chain Post Mart has closed stores in Shandong and Jiangxi provinces and has sublet its stores in Henan province to contractors, as part of the efforts to stem losses from operations in rural China.

Post Mart, jointly run by China Post and US-based China Horizon Investments Group, is a hybrid retailer with strong logistical networks and international retail experience. The company, though often called the rural answer to US retail giant Walmart, has yet to establish its presence in the unique and complicated Chinese rural market.

Post Mart forced to close some stores to cut losses
Wal-mart plans more hypermarkets

Post Mart forced to close some stores to cut losses
CRV-Tesco deal offers opportunity for new identity with consumers 
Three months ago, the retailer announced plans to open 500 directly operated retail stores, a move that triggered concerns over rising logistics costs and insufficient purchasing power in rural communities.

By the end of August 2013, Post Mart had 98 directly operated stores and 6,000 franchise stores in China. The State-owned China Post specializes mostly in postal finance, delivery and logistics services.

China Horizon, the joint venture partner, had said it would invest 1 billion yuan ($162 million) on a 25-year lease of 10,000 China Post retail stores.

Liu Wei, deputy general manager of China Horizon Investments Group, told China Daily on Monday that they have closed the directly owned stores in Jiangxi and Shandong provinces due to persistent losses. Stores in Henan were contracted out to other operators.

But Liu said they are still confident in their strategy and operations in China.

"We are still seeking positive directions," Liu said, referring to the change in the operational model as an effort to cut losses. "Closing directly operated stores is only a temporary move. We will continue to adopt self-run models, but we have to find a better and more mature model," she said.

A scattered population, lower consumption and chaotic distribution channels filled with counterfeit products have slowed modernization of the retail businesses in rural China.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 天天躁日日躁狠狠躁av麻豆 | 国产精品国产精品国产专区不片 | 毛片毛片毛片毛片毛片毛片毛片 | 精品久久国产视频 | 一区二区三区日韩欧美 | 中日韩一级黄色片 | 亚洲成人7777 | 色播久久| 国产一级18片视频 | 欧美字幕| 亚洲视频免费 | 男人的天堂a在线 | 中文字幕在线播放一区 | 欧美爽爽爽 | 国产一区二区三区视频 | 欧美激情免费看 | 亚洲国产日韩欧美 | 亚洲精品无 | 国产高清成人 | 国产在线激情视频 | 天堂免费在线视频 | 欧美色图一区 | 五月天色综合 | 午夜羞羞影院 | 色综合色综合色综合 | 日本精品久久久久 | 小视频国产 | 天堂网中文字幕 | 国产精品影院在线观看 | 青青草福利视频 | 免费黄色大片 | 久久99精品久久久久久国产越南 | 中文字幕第十一页 | 伊人精品影院 | 人人干美女 | 女人洗澡一级特黄毛片 | 直接看毛片| 黄色片网站在线播放 | 黄色一级视频在线观看 | 精品一区二区三区免费 | 国产精品麻豆免费版 |