Withdrawal Of Stores And Closing Of Department Stores Will Adjust The Format.

Where does Longwan Wanda store go in the future? Chen, head of marketing department of Wanda Department, said that Wanda Department Store in Longwan is indeed making an internal adjustment, and it is carrying out a comprehensive adjustment to the overall five level department store. The specific adjustment direction is determined by headquarters.

He said he did not know about the introduction of catering and experiential formats, but the overall adjustment will be released in the near future.

A staff member of the Commerce Bureau told reporters that he had listened before.

The manager said that to adjust the department stores, the management level should be adjusted accordingly.

However, in addition to Wanda's self run department store, other businesses in Wanda Plaza said that their business activities were not affected.

In a jewelry custom shop on the first floor of the Plaza, a shop manager named Cheng said that his store belonged to the management of Wenzhou Wanda Plaza Business Management Co., Ltd., especially in New Year's day.

The "Pedestrian Street" business is good. On the last day of the new year's holiday, close to closing, customers came to customize a diamond ring of more than 80 thousand yuan.

Longwan District third industry development office responsible person said, Wanda Department Store is only part of Wanda Plaza, because of poor management, the loss of internal adjustment, this is the pformation of business strategy, government departments will not intervene.

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Wanda Commercial real estate Limited by Share Ltd is a leading enterprise in the global commercial real estate industry. It has opened 107 Wanda Plaza in China and has second of the property area.

The urban complex is Wanda's unique commercial real estate model in the world, which includes large commercial centers, urban pedestrian streets, five star hotels, office buildings, apartments, etc., which integrates shopping, catering, culture, entertainment and other functions, forming an independent large business district, and Wanda Plaza is the center of the city.

Wanda Plaza, one of the components of Wanda Plaza, was founded in May 8, 2007. It is one of the four pillar industries of Dalian Wanda Group, a leading commercial real estate enterprise (commercial real estate, high-end hotels, cultural tourism, chain stores).

As the core tenant of Wanda Commercial real estate, its original intention is to cooperate with Wanda Plaza for investment promotion and residential sales.

Up to now, 99 stores have been opened in Beijing, Shanghai, Wuhan and Chengdu, and are the largest department stores in China.

According to rumors, the Wanda store intends to close the number of stores accounted for 10% of its total.

According to reports, in 2013, Wanda Department Store completed 15 billion 490 million yuan in revenue and net profit increased by 7%.

The whole management team will shake up and adjust frequently.

Wang Jianlin, chairman of Wanda Group, told the media that the loss of Wanda Department store was affected by eight regulations and electric providers, and the main problem was internal management.