States United States: Status Anxiety refraction appliance retail – the country t
< BR> <BR>
<BR> States United States
Department of crossroads refraction
Appliance Retail
Industry Status Anxiety
<BR> Dynamic is like a beautiful country home appliances
Retail
The wind vane, the current status of the field and anxiety is reflecting.
<BR> Reporter learned that, Gome Group Chairman, President and
Huang Guangyu
Established
Investment
Companies are a Hong Kong-owned companies employ a department store's management, intends to enter the department store. Meanwhile, Huang Guangyu also plans to present the main operations involved in home appliances and
Real estate
Beyond the realm of: TV shopping, department stores,
Drugs
And personal
Nursing
Supplies industry.
<BR> Gome
Brand
Yang Ching Ho Director of the Centre said that this was another country the U.S. Department of Investment Company?? Peng Thai investment in the operation.
<BR> Department stores as a decline of the forms have been, on what basis can attract Huang Guangyu in this bet? NPC
Business School
Associate Professor Huang Jiangming that traditional department stores feature the largest proportion of self-goods is relatively high, can reach 80% to 90%. And modern department stores leased space in the proportion can reach 80% ~ 90%, gross margin is generally 20% to 30%. The home appliance retailers margin does not exceed 10%.
<BR> More than 460 stores, as has
Sell
Network Appliance
Retailers
, The country's strengths in this area the United States is losing. Late last year, Huang Guangyu in an interview, admits: there is more than one store at a loss, beyond the normal speed of the shop and
Price war
Let this remain dominant in the domestic business, is losing a little edge. Although China has annual sales of 500 billion yuan in the appliance market, but the industry
Competition
Tragic is thinning profits, the industry standard policies such as the charge against accounting rules and regulations to vendors which are brewing, home appliance retailers face a new profit model changes.
Huang Guangyu, the eyes locked <BR> new higher margin areas. Department stores, television shopping, drug and personal care products have one thing in common: an integrated high-margin market is very big.
<BR> Seems every new year, Huang Guangyu have started a new investment plans. Eagle Investment established early in 2002 to 135 million Hong Kong dollars to complete the Metropole in Hong Kong listed companies
Automation
Group Limited acquired 74.5% stake, will be part of Eagle real estate assets into the listed company, and its name to China Eagle Group (Eagle Real Estate).
Package
Thailand including Peng Ning investment company has bought the old city of pits and other activities.
<BR> Last year, the country established a U.S. commercial real estate company "home country the United States", has four promise to get to high ground. As the real estate company after the departure of boss gradually died down. But also with the Dalian Wanda Huang Guangyu to develop commercial real estate. States United States States and the United States own the city and the future of the first two large-scale real estate projects City more than 200,000 square meters of shops. Commercial real estate, a person familiar with the situation told reporters that the main consideration of its future sale of the original design in order to quickly return to capital. But the unreasonable design difficult to sell.
<BR> Huang Guangyu remark, "If I only do business only do real estate, or only do appliances or
Capital
Operation
I can not get a long-term, large-scale development. By one-way will not work. "Next, Wong Kwong Yu is trying to diversify the business by building a larger business empire. Is important that public funds are also urgent need for a high return rate of exports.
<BR> And Gome stores the current resources can be used for the department store? To this end, Gome brand director Ho Ching Yang told reporters, Gome and the newly formed company will be completely independent. Headquarters has two department stores in Nanjing
Shopping
(Galaxy shopping center and
Suning
Global Shopping Center) and Suning CEO Sun Weimin told reporters, Suning Appliance Department Stores Yetai retail network and is an independent, not each other "support" because the appliance store more than 4,000 square meters, while the department store at least 30,000 square meters area. It seems the U.S. will face multiple areas of the country's integration problems.
<BR>
We are high quality suppliers, our products such as limbs guard manufacturer , Bandage manufacturer for oversee buyer. To know more, please visits china cervical collar.
Processing your request, Please wait....
