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Metro Postpones Store Opening In Beijing
July 19, 2006 | By ChinaRetailNews.com Editor |
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Metro, the third largest retailer in the world, has postponed the opening of a new store in Beijing until the end of this month due to a problem with the store's layout.
Local media report that its business usually requires only one floor for total operations of its "Cash & Carry" operation. However, Metro's new store on Wanquanhe Road is in a two-floor building. This means an elevator must be used to carry heavy goods.
The company is working on quickly renovating the store.
Metro has 29 franchise stores in 25 cities across China and has achieved over US$6 billion in annual sales. Metro plans to open five to six new stores in Beijing in the following five years.
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