久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Industries

Shrinking profit pushes China's department stores for changes

(Xinhua) Updated: 2016-04-16 15:05

BEIJING - Chinese general merchandise firms suffered shrinking profits last year and are shutting down their physical stores due to rising costs and impacts from the growing e-commerce market.

The total profit of 80 major Chinese department stores fell by 12.05 percent in 2015, according to a report jointly released recently by China Commerce Association for General Merchandise, and Hong Kong retailer Fung Group.

About half suffered drops in sales and 150 Chinese chain store companies closed 100 outlets in 2015, double the number shut down in 2014. Chinese general merchandise giant Wanda closed 56 outlets last year.

Rising rent and labor costs narrowed profit margins and investment on business transformation also added to the financial pressure, the report pointed out.

Meanwhile, the growing e-commerce market is grabbing the opportunities left by the departure of brick-and-mortar stores as more customers go online to buy food, clothes and home appliances.

Analysts from information service provider Anbound Group said that customers' demand for retail products did not shrink -- as evidenced by record overseas consumption last year.

"The top challenge for Chinese department stores is not how to deal with the impact from e-commerce platforms, but how to keep domestic consumption demand within China," according to a report released by Anbound.

The previous approach, an over reliance on price adjustments instead of improving service and customer experience, has contributed to department stores' woes, said Du Baoxiang, vice president with Wangfujing Group.

In addition, most department stores focus on selling products produced by other companies rather than developing their own brands or introducing brands exclusively, Du said.

Chinese department stores are looking to transform, after all, they must. About 70.2 percent of the surveyed firms have made forays into other fields such as supermarkets, restaurants and KTV, and about 85.5 percent introduced interactive elements to improve the customer experience, according to the report.

Moving their products and service online is also a common choice. About 55 percent of the surveyed companies have started e-commerce endeavors to integrate resources and improve efficiency, the report added.

The Internet alone, however, will not address the challenges, cautioned Song Hua, business school professor with Renmin University of China, adding that only the combination of a sound supply chain and insightful consumer data can bring real value and profit.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲一区二区精品 | 国产精选在线视频 | 18videosex性欧美69超高清 | 欧美jlzz18性欧美 | 色青青草原桃花久久综合 | 欧美另类精品一区二区三区 | 男人的天堂在线免费视频 | 欧美丝袜xxxxx在线播放 | 亚洲欧美日韩在线播放 | 亚洲视频毛片 | 成人午夜视频在线播放 | 亚洲欧美中文在线观看4 | 欧产日产国产精品精品 | 亚洲黄色官网 | 国产福利不卡一区二区三区 | 2020精品极品国产色在线观看 | a毛片免费 | 成熟性xxxxx 成网站在线观看人免费 | 理论在线看 | 天天夜夜久久 | 涩里番资源网站在线观看 | 国产99精品在线观看 | 一级作爱视频免费观看 | 成人香蕉xxxxxxx | 日韩最新中文字幕 | 国产精品免费综合一区视频 | 黄色网网址 | 成人看片黄a在线看 | 又黄又爽视频好爽视频 | 亚洲国产精品日韩在线 | 无套内谢孕妇毛片免费看 | 亚洲免费视频网址 | 看一级毛片国产一级毛片 | 一级成人毛片免费观看欧美 | 国产乱淫视频 | 国产欧美日本在线 | 国产天堂在线一区二区三区 | 日日摸夜夜搂人人要 | 欧美一级特黄aa大片 | 精品国产三级a∨在线 | a级毛片在线看日本 |