The “suspected unfinished building†that has been suspended for more than half a year – Xinglida Plaza was acquired by Bailian Group and Deyi, and will be officially opened in the name of “Bailian Central Shopping Promotionâ€, which is also the current size of the Yangtze River Delta. The largest shopping mall. Bailian Central Shopping Plaza is located in the Zhenbei Business Circle at the intersection of Shanghai-Nanjing Expressway and Central Link in Putuo District, Shanghai. It integrates shopping, dining, entertainment, etc. The project covers an area of ​​100,000 square meters and commercial building area. 250,000 square meters. The total investment of 250,000 square meters of commercial buildings is more than 2.6 billion yuan, of which 51% is from Bailian Group.
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Yang Min, director of the General Manager's Office of Bailian Co., told reporters that the Central Shopping Plaza is currently a model of Bailian Group's “group-style†shopping center. The most complete industrial portfolio is including Chaoshang (Century Lianhua) and Department Store (Oriental Commercial Building, Women's Products). Shops, the first department store appliances, digital city, etc.), shopping centers (Central Plaza), professional monopoly (first medicine), etc. The Oriental Commercial Building is the main department store of Central Plaza. The entire shopping center is positioned as a community business center. Previously, there was no medium-to-high-end department store and cinema in the nearby area. The reporter saw at the scene that the current shopping mall project is still under construction, and many brand stores are still in the state of decoration. Huang Zhen, general manager of Bailian, said that the total investment of 2.6 billion yuan is not a small number. Coupled with the high cost of interest, it may be very calm after three months of opening, but it will miss the excellent business opportunities such as the Spring Festival. Therefore, the opening of the business is also expected to shorten the investment return period of the project. Huang sincerely also told reporters that there will be four shopping centers and department stores opening next year, but the overall expansion of the new stores will slow down, mainly because they hope to concentrate on improving the profit and quality of the shopping malls that have already opened operations. The Lianhua headquarters of Bailian Super-Commerce will also be relocated to the commercial building of Central Shopping Center early next year. This year, Bailian opened 8 shopping centers and department stores nationwide. (Wu Lejin) China National Building Material Group entered the Luobo Group on the 18th, China Building Materials Group Corporation officially transferred 70% of the shares of Luoyang Float Glass Group Co., Ltd. The long-standing cooperation between China National Building Materials Group and Luobo Group has finally settled. According to the agreement: 70% of the 80.27% Luobo Group's equity held by Luoyang State-owned Assets Management Co., Ltd. will be transferred to China National Building Material Group without compensation. CNBM promised to increase the subsidiary of Luobo by cash before the first quarter of 2007. The capital of 40 million yuan, before the end of 2007, helped the Luobo Group holding company to open up lending channels and provide guarantees for its loans, with a guarantee amount of 250 million yuan. (Shi Yu) Tesco's purchase triggered personnel shocks Tesco, the UK's largest and the world's third-largest retailer, announced last week that it would acquire 90% of the shares in the Tesco store. This huge change in controlling interest is triggering a personal event within Tesco. "Severe pain." The reporter was recently informed that more than 50 Taiwanese managers may have experienced a “dismissal†crisis in the near future. (Chen Hua) Wal-Mart's acquisition of the world's five stores related to the home world seems to have just begun. Last month, Home World Supermarket just transferred 10 stores to Shanxi Meite. On the 17th, the reporter learned from the sources that the five stores in Tianjin headquarters are likely to switch to retail giant Wal-Mart. According to sources, five stores, including Tianjin Eleventh Road Store and Xiqingdao Store, will be sold to Wal-Mart. The two parties are still negotiating, and the specific price is unknown. (Zhang Xiaorui) New Gome is attacking Guangzhou at the end of the year. Gome New Group has completed the integration work after the merger. The new group has implemented the differentiated business strategies of Gome, Yongle and Pengrun to realize the transition from low-level price wars to value wars. Zhao Lianhai, the new business director of Guangzhou Gome, confirmed that the joint purchase orders of the two giants are expected to exceed 1 billion yuan, and 40 globally renowned brands have participated. With more than 70 stores in both sides, the joint procurement group will undoubtedly be able to obtain greater price concessions in negotiations with manufacturers, monopolizing a large number of advantageous models and most new products. (Guangxun) Suning established Shanghai Management Headquarters Suning Appliance Management Headquarters quietly moved to Shanghai on the 19th. Although the group's top management did not appear on the 19th relocation ceremony, the reporter was informed that Suning Appliance will set up a special headquarters executive office in Shanghai. For the group, there will be a number of high-level executives coming to Shanghai to work. Suning people are reluctant to answer because of their sensitivity. (Wei Zongkai)
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