What Happened To Wanda Department Store And KTV?

According to several media reports, many Wanda Department stores are being withdrawn.

In the business hall of the Wanda Department Store on four road in Ji'nan, Shandong, from the first floor to the four floor of the business hall, many businesses began to pick up the goods and prepare to withdraw the counters. Many of the counters had been emptied.

In addition, Wanda Department stores in Bengbu and other places are also being dismantling.

It is understood that the abolished Wanda Department staff may be diverted to other formats of Wanda.

To retain the Wanda Department store, which is still in a state of profit, can continue to perform the original functions of Wanda Department store, and cooperate with the electricity supplier valued by Wanda Group at the present stage, so as to gradually explore pformation.

and

Part of the abolition of the difference is that Wanda Group's big singer KTV has more than 80 stores will withdraw from the KTV field in the near future, or be pferred, or changed to other forms of catering, shops and so on.

As the traditional KTV is facing development bottlenecks, profitability is also poor, is gradually being replaced by more entertainment.

At present, Shanghai,

KTV, a big singer in Ji'nan, Wenzhou, Quanzhou and other places, has announced that it will suspend business, and stores in other cities are also doing related work.

By the end of last year, Wanda had 99 stores in the country.

Public information shows that

In 2014, the income was 15 billion 490 million yuan, an increase of 39% over the previous year, only 91% of the plan was completed.

Wanda's net profit increased by 7% last year, and many stores needed Wanda Commercial subsidies.

It is understood that this will close Wanda Department stores in Ji'nan, Tangshan, Wenzhou, Shenyang and other regions, a total of 46 serious loss stores, the remaining Shanghai Baoshan, Quanzhou, Xiangyang and other areas of individual stores will be adjusted to reduce the operating area, and requested that this work be completed as soon as possible.

For Wanda Department, whether there will be a follow-up shop plan, a person close to Wanda said that now Wanda is in a period of rapid pformation, the following things can not be said now.

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When department stores entered the "cold winter", many developers launched a commercial real estate business block.

Neijiang Dongxing District Xie Jia River wetland near a real estate on the sun's outstanding achievements: housing supply is another point, shops have long been sold out.

Back two years ago, there was no professional commercial real estate in Neijiang.

However, with the increasing number of foreign real estate companies on both sides of the sweet city lake, commercial real estate and local real estate enterprises have increased the proportion of commercial development.

For example, jadeite international shop, bang Tai LOHAS street, Jinke times center are all successful commercial blocks in Neijiang in the past one or two years.

"As an investment, I think shops are more valuable than housing.

But there are also concerns. "

A shop buyer who did not want to be named said that the investment shops were still at risk when the economic environment was not very prosperous.

From the sale of commercial blocks in Neijiang to the development of commercial streets in the whole country in recent years, many developers have entered the development area of commercial streets.

Commercial street in the city's economic image and business status has become increasingly prominent.

"At present, the basic pattern of Neijiang is housing and shops.

That is to say, the bottom line of developers is his commercial housing sales.

Commercial housing sales well, occupancy rate is high, then the future will be high popularity, high popularity of local natural population flow up, and also worried about the sale of goods? So commodity housing is the biggest advantage of developers.

The business of entertainment, food and drink in retail stores is still good, and most commercial blocks are developing in this direction, with no emphasis on retail entities.

The industry said.

"In addition, different developers use different ways to create commercial blocks.

Some developers are still selling, and they are also responsible for building the business district as a whole.

Some are only responsible for sales.

A commercial block with overall planning is an advantage for investors to reduce the risk of investment by exploiting the strength of developers.

The commercial blocks without planning frameworks give investors greater freedom of use.