For U.S. giant Best Buy into the shopping district in Beijing beginning Madian s

IKEA Removal companies attracted more than 30 rent-Madian store
"IKEA shopping district to move out of Madian." Yesterday
(September 8, 2005), confirmed the news of IKEA open the second day, the landlord business room building on more than 30 companies have received renewal applications for the IKEA store, especially in

Operate Home appliances and digital products, electronic retailing
Marketplace With the closest contact with, and even global
Appliance Retail Giant Best Buy . Learned that the IKEA
Home Since the January 1999 opening date in Madian, medium and large electrical appliances have been with the east, opposite Fu Lite furniture

Building materials market Together to create such a "Madian shopping district." According to IKEA commercial buildings and rental housing

Contract IKEA Madian store lease expires in April next year, after the expiration of the two sides will terminate the contract, IKEA will subsequently moved to new address Wangjing, "Madian shopping" became the biggest concern the future owner.

Suning , Large and medium are referred to as "determined to win"
Yesterday (September 8, 2005) Almost the same time, Suning and Dazhong Electronics told reporters separately, each has the IKEA store, "determined to win." Suning Appliance Market in North China

Plan Manager Xu Zhengfei told this reporter, Suning has been discussed with the business house building in the details of the lease contract, and on the IKEA determined to win. The then manager of Dazhong Electronics Yong give reporters Advertisement Promotion Department sent a "statement", that "medium and large business house building has been maintained with the closest contacts to the previous day, commercial housing building large and medium high-rise is also personally Headquarters to discuss matters relating to rental, but medium and large electrical appliances always low-key approach on the matter; IKEA site of attribution can only wait until the last signatory to the rental contract are concluded before any action can not be ruled out 'malicious speculation' of suspects; Beijing Dazhong Electronics is the largest

Home appliance chain Manufacturer, and is the founder of Madian shopping district, filled with the most qualified to move beyond empty IKEA, the most qualified to claim that 'determined to win'. "

Next tenant yet to be determined
"They are not 'determined to win'." Controversy for both the landlord business house building

Merchants Head to a clear answer. According him, the house building business and many companies have been renting the same time talk about issues, including

Jewelry And department stores, but talked more in-depth or appliance retail business, but not just Suning 1.

Reporter also learned from other sources, the current sales area of 15,000 square meters of the IKEA home, house building business out of an annual rent of up to 5,000 million yuan, which Beijing called a high price of real estate in . Industry has long been rumored, medium and large IKEA store is the beginning phase, but in the house building business out of the sky-high price of rent no echo.

Best Buy is expected to "play off"
"There is a foreign electronics retail giant has been building with the business house with more in-depth negotiations, and the other party is serious about IKEA's unique geographical location and unique, but also paying high prices." Yesterday

(September 8, 2005) , Department of Commerce Housing Building Merchants, another director told reporters said. Guess when the reporter is the world's home appliance retail giant Best Buy, the other party and not denied, and to recognize and Best Buy does business in the discussion room building.

Then with Best Buy's Beijing office was contacted, the other made it clear that pilot store opened in Beijing has been in the program, and now is precisely the location of choice for IKEA, they are to rent the IKEA store to do all the work. In addition, Best Buy test store in Beijing will not be to

Sell Home Electricity Device-based, essentially household appliances and
Mobile And a significant proportion of the three digital products.
Madian shopping district features must be strengthened
Settled Madian for Best Buy, there are industry analysis, which is the capital appliance retail market, consumer appliances, and even medium and large electrical appliances are a good thing. Because Beijing has been the home appliance retail market

Private enterprise The world, foreign capital into the market will effectively prevent the development of deformity. And because the market

Competition Definitely be more intense, the consumer is definitely the ultimate beneficiaries.
Same time, this despite the domestic home appliance chain enterprises is a challenge, but the large and medium Madian store is likely to welcome more tourists, therefore, this seems beside the opened Wumart

Wal-Mart
Consumer shopping will definitely preferred soil foreign businessmen gathering area, and "Madian business district" of home appliances will become even more prominent features.

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