Comments: 2010 Is The Year Of Foreign Home Appliance Chain You - Home Appliance Chain, Suning

< BR> the vast China

< BR> the vast China

Home Appliances

The market has always been touted for foreign investment, however, the largest U.S. appliance retailer Best Buy in China was far less successful. Into China eight years ago, Best Buy shop number is not more than 10. Not fit for foreign investment in China is commonplace, especially in the first-line market is already saturated today.


However, foreign-funded enterprises are still tirelessly fight hard in these areas. Tiger comes, Yamada of Japan to the motor, the German Journalists Asia too ... ...


Giant chain to a foreign


2009 1 4, according to foreign media reports, Germany's largest retail giant Metro announced that the authorities concerned have approved the company's home appliance supermarkets and Asian plum to Hon Hai Precision Industry Taiwan plans to set up joint venture company.


Mei to Asian home appliance supermarkets in Shanghai during the year to open its first single appliance stores, and plans to open 100 more than 5 years, new store. Currently, access to Metro (China) official website, has been able to see "Carnival to buy thousands of home appliances back to 100" large

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. Journalists from Asia and Europe's largest home appliance home appliances supermarket chains. It is understood that Hon Hai Metro plum in Asia and last year reached a joint venture agreement, both parties will each have 50% stake. Hon Hai Group, has announced that within two years, Hon Hai will cooperate with the plum in Asia to open over 100 stores in mainland China.


This year, China's home appliance chain store market, will undoubtedly usher in a lot of new faces. Best Buy in China had previously released the number of stores this spring to hold an additional message; In addition, Japan's largest electrical appliance chain Yamada in Shenyang this year will open its first store in China?? Yamada Electric (Shenyang) Ltd.. The recent release of jobs in the introduction, this Yamada Electric Co., Ltd. invested by the Japanese company set up in Shenyang, more than 20,000 square meters out the size of the shop.


Information, Yamada Electric in 2008

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Amount of about 126 billion yuan, which is quite GOME sales over the same period. Yamada Motor in Japan has more than 1,700 stores, is expected fiscal 2009 revenues of 100.9 trillion yen, is expected to net profit of 395 billion yen. Although more than 15% year on year decline, but still occupy the first Japanese home appliance chain, sales were ranked second in the island electrical double. Yamada Motor (China) Ltd., Yamada Electric (Shenyang) Ltd. and other industrial and commercial registration procedures have been completed.


With foreign companies such as Best Buy, Metro, and the layout of motor intention Yamada long. Yamada motor back in March 2008 that has been completed on site in Shanghai, which is expected out in 2010 the first store. However, after repeated changes, the final choice of Shenyang as a first step into China.


Well-thought-funded enterprises


The face of these is ready for foreign giants, very calm reaction of domestic enterprises.


Su Ning

Qing Min Juan Marketing Manager, said: "For the attitude of foreign investors that we are consistent, and now no longer a competitive home appliance chain has been driven, but consumer driven." State department official said the U.S. market: "We have been concerned about foreign bodies trends, threats and pressure is definitely yes, but not yet constitute a substantive impact on the business. After all, the domestic chain business is very mature. spaces and foreign-funded enterprises in China's market sagging domestic market so that they become the inevitable choice to enter the Chinese . "


Galanz

Ji Lu, general manager of intense electrical life, said: "After all, sales of home appliances is not an either contention, the urbanization rate increased to ensure the future of the domestic market space is also large enough. The entry of foreign capital will not affect the current domestic situation. "


In fact, the Chinese market, foreign home appliance chain, and trans-home appliance chain has a large number, such as fast moving consumer goods industry, Wal-Mart, Carrefour, RT-Mart, Trust-Mart, Metro, B & Q, Home Depot. Among iPhone3G starting at home, for example, Best Buy, as Apple with its biggest retailer in North America status as the Shanghai field, "the highest standards" of the Apple dealers.

by:gaga

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