Business Intelligence on Retailing, Franchising, and Consumerism in China


Dico's Retreats From Beijing

Just one year after re-entering Beijing, fast food operator Dico's has now reportedly completely retreated from Beijing.

The three new stores that were opened after Dico's re-entered Beijing last year have all closed. One of the executives explained to local media that the stores are Dico's franchisees stores. The reason that they are closed is
because their contracts expired. Additionally their operations were not good, so Dico's has reserved several stores in Shanghai to try that market instead.

In 1994, Ting Hsin International Group entered China with Dico's. At its height, it opened 54 stores in 13 cites in  China, but under the high pressure from McDonald's and KFC, it has not fared well.




Be the first to comment on "Dico's Retreats From Beijing"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

Oneplus Closes Smartphone Retail Stores, Focuses On E-commerce

LeEco Cloud Welcomes Former HP, Microsoft Executives

Lenovo Will Pre-install Microsoft Apps On Android Devices

Two Chinese Banks Hit By Internet Phishing Scams


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:

Hertz and AccorHotels announce their partnership to enrich the benefits offered by the loyalty program Le Club AccorHotels

New World Beijing Names New Chief

China's Huawei Will Have Made-in-India Smartphones

Zhejiang's New Electric Car Factory Backed By Chinese Internet Company