Cooperation Between Apparel Retailing And Internet Co Is The Way To Go.

< p > < strong > part a href= "http://www.91se91.com/news/index_c.asp" > department store < /a > industry listed companies released 2013 report card, department store industry growth slowed down pains continued to < /strong > /p >

Last Saturday, the leading product of the local department store issued the 2013 performance report, and its operating income and net profit increased by 5.59% and 15.22% respectively over the same period last year.

However, as a whole, the department store industry of "tall and high" is still weak, and sales growth is slowing down, and profit shrinking has become the general trend of the whole industry.

The industry expects that the price war of department stores will escalate this year, and mergers and acquisitions between retail enterprises and Internet Co will become a trend.

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< p > < strong > the net profit of 4 enterprises declined < /strong > < /p >.

< p > at present, about 10 enterprises in the domestic department store have announced their achievements.

According to the statistics, the total revenue of the 10 enterprises in Hangzhou and the East 100 group declined compared with that in 2012. Only 3 of the 8 enterprises that achieved growth reached two digit growth, and the increase was only around 10%.

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< p >, according to the statistics of the annual operation data of the member enterprises in China's Department Store Association, the average annual sales growth rate of department stores in 2006 to 2011 was 16.5% and 2012, 11.94%.

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< p > in terms of performance growth, there were 4 enterprises' net profit declines, of which Xinhua declined the largest, down 244.35% compared with the same period last year, followed by Parkson commerce, and its net profit fell 58.4% compared with the same period last year.

The largest increase in performance was Changbai group, an increase of 89.56% over the same period last year. It was reported that the Jiangxi fashion family shopping Co., Ltd., which invested by Changchun Changbai shopping Co., Ltd., managed to make up deficits and increase profits.

Next is the Dong Bai group, reaching 46.41%, but its operating income is down 1.54% compared with the same period. Net profit growth is mainly due to non recurring gains and losses.

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< p > industry veteran commented that in 2013, the downward pressure on domestic economic growth increased, and the growth rate of the department store industry continued to decline, even though it was rising, it was also weak.

The person pointed out that the increase in the sales volume in the Department Store report is not a real increase, because the main reason for its growth is China's aunt grabbing gold to save the market, but the profit from gold sales is very low.

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< p > < strong > entity < a href= > http://www.91se91.com/news/index_c.asp > retail > /a > growth space narrowing < /strong > /p >

According to the industry as a whole, the domestic department stores are mainly affected by macroeconomic slowdown, rent and labor costs rising, strong impact of online shopping and other factors. In addition, the relevant policies and regulations also have a certain impact on department stores, and some department stores account for more than 30% of the total sales volume.

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< p > Huang Yongzhi, managing director of Guang Bai shares, emphasized that the impact of the retail trade last year was three-dimensional, and the impact of the electricity supplier was not the main one.

"Over the past few years commercial property production capacity has been surplus, commercial outlets also appear structural surplus, single store traffic flow is obvious."

Huang Yongzhi pointed out.

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< p > < strong > Outlook: Retail Industry and < a href= "http://www.91se91.com/news/index_c.asp > Internet < /a > merger and acquisition cooperation < /strong > /p >

< p > for 2014, many department stores said they were not optimistic.

It is predicted that the low growth trend of retail industry will continue in 2014. The competition between consumers and traditional retailers will become more intense.

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"P" Changbai group also said that this year, the department store brand overlap rate is high, the commodity is the same, the lack of core competition leads to the escalation of the "price war", and the competition has further squeezed the profit space of the industry.

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< p > industry insiders say that many enterprises have lowered the quota task this year. After all, the sales of shopping cards fell by 30% at the end of last year, and the blow to department stores was great.

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< p > however, the pformation of O2O in traditional retail enterprises is accelerating. The strengthening of M & A or cooperation between traditional retail enterprises and even traditional retail enterprises and Internet Co will become the recent development trend of the retail industry.

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