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Tekijä: | Yatsko, P. |
Otsikko: | Surplus stores |
Lehti: | Far Eastern Economic Review
1996 : OCT 3, p. 94-95 |
Asiasana: | FAR EAST ECONOMICS RETAILING |
Kieli: | eng |
Tiivistelmä: | Too many retailers want a piece of Shangai's action. Shangai residents do what department stores, supermarkets, and restaurants like most: Spend. The city's retail sales have surged at a 20%-plus annual clip for the past five years. Why, then, do so many retailers these days find China's most cosmopolitan, most populous city such a difficult place to do business? The answer lies in the question: There are just too many retailers. Shangai has a surfeit of department stores. |
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