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Your email address will not be published.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:

Lenovo Launches Entrepreneurship Accelerator In Hong Kong

China's Baidu Makes American Blockchain Investment

Beibei.com Raises Investment Aimed At China's Population Boom

Ant Financial To Acquire 20% Stake In Thai Payment Company


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:

Jonathan Howes Appointed Executive Chef Of New World Beijing Hotel

The Westin Bund Center Shanghai receives 'Outside Catering Service Certificate' from Shanghai Food and Drug Administration

Carrefour Opens Northeast Logistics Center In Shenyang

Choose Well Behind The Bar: The Westin Beijing Chaoyang Introduces Crafted At Westin