Retail Chains In Hongkong Are Dismal, And Domestic Retail Stores Are In Crisis.

All of us are talking about the dismal performance of Hongkong chain retail department stores. At the same time, the days of chain retail department stores in the international market are not good. So what is the current situation of chain retail department stores in China?

Lately,

The 2015 full year earnings report showed a sharp drop in profits. To some of the high-end chain stores such as Hangzhou's eight hundred partners and Nantong, it also reflected the survival status of the chain stores to a certain extent.

How are the retail stores in Hongkong dismal?

It is reported that in the 2015 fiscal year ending December 31, 2015, the group's operating income recorded a decline of 4.3% to 5 billion 540 million yuan, compared with the previous fiscal year's annual operating income of 5 billion 790 million yuan, and net profit, due to the rise in costs, mainly due to the rise in rents, as well as the sales of the original cause.

Under pressure.

In the 2015 fiscal year, the Group recorded a decline of 13.7% to 556 million yuan, while the net profit for the previous fiscal year was 644 million yuan.

In the past few days, we are concerned about China's retail information in March. We can also learn that domestic retail business has been in a downturn.

It was deeply affected by the slump.

In terms of inventory, the Group recorded 7 million 516 thousand pieces of merchandise in 2015, totaling 32 thousand and 800 yuan. In 2014, it recorded 7 million 215 thousand pieces of merchandise, totaling 32 thousand and 780 yuan, an increase of 0.006%. Although the increase was not obvious, the increase in the number of stocks also brought many risks to the group's sales.