Another Old Department Store In Chengdu Is Closed After The Year.

Recently, the news of Tianfu store in Moore Baisheng store in Chengdu has been widely circulated in the circle of friends.

In January 23rd, the reporter was confirmed from Yangyang department store Limited by Share Ltd (hereinafter referred to as Yangyang department store) in Sichuan. In view of the rise in rents and losses in successive years, the company's Moore Baisheng Tianfu store decided to close its business in February 29, 2016.

Earlier, Yang Yang Department store told Chengdu local media that Moore Baisheng Tianfu store began to lose money in 2011, and the loss in 2015 was more than 40 million yuan.

According to public information, Moore Baisheng Tianfu store, located in Tianfu Square, Chengdu gold business circle, has been in operation for 14 years.

Although there is a Moore Baisheng store in the west of the city, the Tianfu Square store is the most popular name in Moore Parkson. It is almost the Moore of Baisheng.

The closure of Tianfu store almost means that Moore Parkson brand becomes a memory.

Moore Baisheng Tianfu store belongs to Chengdu Yangyang Moore General Store Co. Ltd., and Chengdu Yangyang Moore General Store Co., Ltd. is a wholly owned subsidiary of Sichuan Yangyang department store Limited by Share Ltd.

Sichuan Yangyang department store Limited by Share Ltd is a large chain department store in Sichuan province. The official website shows that it has eight direct department stores in Chengdu and Deyang, with a total business area of about 200 thousand square meters, with a turnover of about 1 billion 800 million yuan in 2014.

Moore Parkson is located in the core of Chengdu, Tianfu Square, but in recent years, with the eastward movement of Chunxi Road business circle and the rise of Taichung and IFS business circle, the address of Moore Parkson has gradually been marginalized by the core business circle, and the flow of people has also been decreasing.

"Without entering the business circle of Chun Xi, there will be no real entry into the main battleground of Chengdu's business."

Huang Zhiqiang, general manager of Moore Parkson pointed out.

Therefore, the closure of Moore Baisheng Tianfu store is an inevitable choice for the regional pfer of business circles.

Huang Zhiqiang, general manager of Moore Baisheng, Chengdu, said that the department store industry is in a recession. In addition to the serious competition in the industry and the inadequacy of its own innovation capability, it is also related to external factors such as rent, labor, electricity and electricity, taxes and fees, and unfair competition.

With the development of electricity providers and other reasons, the traditional business sector has narrowed, but the shopping area in Chengdu is still expanding.

According to the latest statistics by World Bank Richard, the shopping center in Chengdu is 3 million 200 thousand square meters in size, second only to Shanghai in China. It is the shopping center in the world. The shopping center in Paris is more than 30 times the area. Last year, Chengdu vacancy rate was 8%, which was higher than 6% of the industry's vacancy rate warning line.

As early as March 2015, when Huang Zhiqiang interviewed an interface journalist, he thought, "the traditional trade and industry are undergoing a process of pformation and upgrading."

Huang Zhiqiang also put forward three trends based on the momentum of pformation: first, the business of the community, and the continuous development of the regional business center. As a central business district, we should embrace the whole group to warm up; secondly, we should combine the new formats and the business situation with Entrepreneurship and pformation; and finally, centralization of the central business and commerce to the core business district.

However, Moore Parkson obviously failed to wait for the chance of pformation.

Huang Zhiqiang pointed out that if

The living environment can not be changed, it will also kill a group, leaving the part that the society must have.

At the same time, the whole country has a large area.

The trend will not change.

According to the iziRetail sample survey data, 60% of the department stores in the first half of 2015 were in a state of decline.

In the first half of 2015, China's main retail enterprises (including department stores and supermarkets) closed 121 in China.

Department stores closed 25 stores, which has exceeded the number of 23 stores closed in 2014. Among them, Wanda Department stores closed 10, Marsha's Department closed five, Tianhong mall closed three, Golden Eagle closed two, far east department store, sunshine department store, Baisheng department store, Hua Tang mall, Jinle department store closed one.

Chengdu's department store business is also facing challenges. As of now, 100 million, Chengdu Tianhong Department store, Shang Tai Department store, Dalian Wanda and WAL-MART are all related to Chengdu stores.