Business Intelligence on Retailing, Franchising, and Consumerism in China


Yongle To Open Flagship Shanghai Electronics Store

After hovering around Shanghai's Zhongshan Park area for five years, home appliance retailer Yongle has finally found a large area in Shanghai to mount its offensive in the market.

Yongle's flagship store will open at Longzhimeng Shopping Center on May 1, which is less than 100 meters away from the company's rivals Suning and Gome.

Huang Jianping, manager of Yongle's marketing department, says that the new flagship store will cover an area of 7000 sqm, and half of the goods displayed will be digital products.

Yongle may need to pay high rent for Longzhimeng Mall as it is the biggest shopping mall in Shanghai and few stores can afford the rent there.





Be the first to comment on "Yongle To Open Flagship Shanghai Electronics Store"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco