日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Suning to expand products beyond electronics

By Li Woke in Nanjing and Chen Limin in Beijing | China Daily | Updated: 2013-02-22 10:10

Suning to expand products beyond electronics

One of Suning Appliance Co Ltd's outlets in Hangzhou, Zhejiang province. The retailer said it is considering opening Suning Expo Super Stores. [Photo / China Daily] 

Appliance retailer aims to become more like Wal-Mart, Amazon

Suning Appliance Co Ltd, China's largest electric appliance retailer by sales, has announced a series of ambitious moves to expand its offerings to other areas of general merchandise.

The Nanjing-based company currently has bricks-and-mortar stores and an e-commerce business, but now wants to move to a model similar to a combination of Wal-Mart Stores Inc and Amazon.com Inc, said Chairman Zhang Jindong.

He said its plans will include changing its name to Suning Commerce Group Co Ltd and involve widening its product categories while flattening its management system.

"Along with a change in Suning's business activities, the scope of its services will be widened," said Zhang.

"The company needs to adapt to a future combination of offline and online sectors, as well as its retail offering."

In 2011, Suning acquired a controlling interest in Laox, the Japanese home appliance brand, which provides goods ranging from electrical appliances to imported cosmetics, marking Suning's initial attempt to move into the high-end market.

Suning to expand products beyond electronics

Suning now has three Laox stores in Beijing, and the company said it hopes to have as many as 150 operating in 25 large Chinese cities by the end of 2016.

The retailer said it is also considering the opening of Suning Expo Super Stores.

With typical floor areas of 12,000 square meters - similar in size to Wal-Mart outlets - they will offer 2,000 brands of goods ranging from daily necessities to auto accessories. The company plans to have 300 Expo stores by 2015 to showcase their new product mix.

As a key element of the shakeup, the Shenzhen-listed company, which has more than 1,700 brick-and-mortar stores, highlighted further plans for its e-commerce business, too, in an effort to fend off increasing competition from online shopping websites.

Last year, Suning's online shopping website acquired Redbaby, a maternal and infant goods e-commerce website, for $66 million, as well as Binggo.com, a skincare and cosmetics online shop.

"This series of moves shows that Suning is shifting its business focus from just bricks-and-mortar stores to a combination of online and offline, which will benefit the retail giant's future growth," said Gong Bo, an analyst at Beijing United Innovation Capital Ltd.

Suning Appliance changes its name

Suning doubled its sales in 2012

Suning to apply for virtual network operator license

Suning acquires Redbaby to broaden product lines

Retailers' price war cheats consumers

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久国产福利 | 欧美日韩一区二区在线观看视频 | 久久99国产精品久久99无号码 | 91久久精品久久国产性色也91 | 日色视频 | 久久青草国产免费观看 | 日日操免费视频 | 精品免费国产一区二区三区四区 | 久久久久亚洲 | 特级毛片8级毛片免费观看 亚洲精品不卡 | 久久草在线视频 | 高清一区二区三区四区五区 | 久久综合综合久久 | 久久精品国产免费看久久精品 | 三级网页 | 中文精品在线 | 女人叉开腿让男人桶 | 国产区视频在线观看 | 毛片a在线 | 精品国产一区二区在线 | 免费观看黄色小视频 | 欧美在线观看a | 精品国产一区二区三区久久久蜜月 | 国产乱码一区二区三区四 | 久草精彩视频 | 欧美一级精品片在线看 | 欧美三级视频在线观看 | 免费国产成人高清视频网站 | 99re6热只有精品免费观看 | 欧美国产激情二区三区 | 国产一区二区三区久久久久久久久 | 十八勿入 | 日韩黄色精品视频 | 久久永久免费中文字幕 | 国产精品综合视频 | 综合久久久久 | 久草国产视频 | 91免费看片 | 日韩一区二区在线视频 | 日韩精品免费 | 成人午夜精品一区二区三区 |