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Best Buy's first store in China will drop Shanghai acquisitions are the key - Best Buy, home ap by big tree
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Best Buy's first store in China will drop Shanghai acquisitions are the key - Best Buy, home ap by BIG TREE
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| Article Posted: 12/12/2010 |
| Article Views: 21 |
| Articles Written: 1033 - MORE ARTICLES FROM THIS AUTHOR |
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Best Buy's first store in China will drop Shanghai acquisitions are the key - Best Buy, home ap |
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Business,Business News,Business Opportunities
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The world's largest Home appliance chain Enterprise Best Buy First settled in Shanghai Xujiahui store this month.
"This month, Best Buy will be located in Xuhui District, Shanghai country Flying Eagle Group owners signed a definitive agreement, the ongoing
Decoration . A first Investment Is likely to reach 250 million yuan. "Yesterday (March 8, 2006), people familiar with the" First Financial Daily "said.
And in more than three months ago, Best Buy Shanghai office was established, the company's global vice president, Asia Pacific President Wei-Ming Lu had also stressed that: "The new store is no specific
Planning . " In fact, Best Buy early in 2003 set up its Asia Pacific headquarters in Shanghai, and one after another in Beijing, Shenzhen has set up two offices in March 2005, the Asia-Pacific procurement headquarters in Shanghai. In accordance with the 2003 development plan, by the end of 2003 will be Best Buy opened its first store in Shanghai. However, over the past 3 years, Best Buy's first store in China has only a definite message.
Suning Electric President Sun Weimin told reporters recently, direct procurement has been the style of Best Buy, who is still just as a business purchase in China. Best Buy before the Asian headquarters spokesman Zou Xiaojing also said Best Buy is currently China's main commercial procurement, not to do
Retail Services. In 2006, Best Buy purchases in China, estimated to be 9 billion.
, Of course, Best Buy has not given up the study of Chinese major cities. Early November 2005, its global president of Allen in Chengdu, said the next 12 months, Best Buy will formally set up the first store in China stores.
"The lot rental prices are abnormally high, Best Buy stores at this shopping district to establish, probably in the domestic counterparts to show a shocking image shows the significance of its business may be higher than the actual operating profit . "spokesperson Yongle Appliance
Huang Jianping Yesterday on the "First Financial Daily" said.
Huang Jianping That the Chinese home appliance chain market pattern has taken shape, a national network layout also has formed,
Package Including local businesses, including Paradise will not fear any foreign rivals. "Moreover, we have listed, is to begin international operations." He said.
"Suning Appliance and do not care who comes, we are more concerned about doing their own thing." Sun Weimin told reporters recently, although the scale of funds and point of view, Best Buy really is the world's first, but its main business in North America, China has its specific
Competition Environment. States United States A high-level view, foreign chain shop like Chinese companies, they spend much time on research. Once the shop, the speed will be very fast.
Reporter also learned that country building was built in 1993, then funding strand breaks, the project ran aground. Last July, Zhejiang Flying Eagle Group to take over 720 million yuan. Yesterday, Vice President of Flying Eagle Group, confirmed to reporters Gu Ying, double
Founder
Co-operation in the negotiations, but declined to give any details. I am China Manufacturers writer, reports some information about gamma sterilization , plastic aprons.
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