Home >

Pacific Department Store Officially Announced That It Will Close Two Stores In Beijing.

2011/8/22 9:20:00 34

Beijing Pacific department store, Wukesong and Wukesong

According to reports, Taiwan Pacific far China Holdings Limited announced on the 18 day that it would adjust the layout strategy of the mainland market and close the Beijing Pacific department stores and Wukesong shops before the end of this year to readjust its financial structure.

However, the company emphasizes that the Pacific department store will actively seek new sites and remain unchanged in Beijing's development plan.

Pacific China Holdings Limited said that the Pacific department store Beijing Ying Ke store was established in 1993 for Tai Ping SOGO.

Department store

Before the pformation of management rights, the planning of the 18 day meeting of the board of directors decided to close the business due to the unsatisfactory planning of the store, the change of business circle and the rent increase of the building owners.

In addition, the Beijing Wukesong store in the Pacific department store was established in 2009. Due to frequent changes in owners and repeated delays in investment, the Pacific China holding board also decided to terminate the lease with the new owners.

Pacific China Holdings Limited said the two resolutions will significantly enhance the profitability of the Pacific China holding company in the mainland market.

The company has set up another Beijing development office to actively discuss new exhibition sites. It is now evaluating the development of Four Seasons Hotels, the new Dongcheng District National Sports Center, and so on.

Pacific China Holdings Limited emphasizes that the Far East Group's plan to continue its development in Beijing will remain unchanged, and that it will be on the mainland of China in the future.

market

The expansion will also enhance the scale of shopping centers.

Taiwan Far East Group is a textile industry. Its business area covers petrochemical energy.

Textile chemical fiber

Department stores, retail banking, financial services, land and sea pportation and so on. Its department stores include Pacific SOGO department store, far east department store and Pacific department store.

Pacific department store has opened 13 stores in the mainland market, and far east department store has opened several stores in Chongqing and other places.