Curve Of Best Buy Into China: Home Appliance Chain M & Upgrade

Looking For Cheap Flights To Sanya


Cheap Flights to Sanya

Origin Departure date Return date Find Ticket

Guangzhou

12.06.2017

19.06.2017

Tickets from 167

Shanghai

23.05.2017

27.05.2017

Tickets from 175

Hangzhou

06.05.2017

09.05.2017

Tickets from 255

Beijing

16.05.2017

24.05.2017

Tickets from 271

Khabarovsk

21.05.2017

31.05.2017

Tickets from 419

Moscow

14.05.2017

31.05.2017

Tickets from 462

Almaty

06.05.2017

13.05.2017

Tickets from 479

Krasnojarsk

03.06.2017

17.06.2017

Tickets from 531

Yiwu

07.05.2017

09.05.2017

Tickets from 531

Novosibirsk

05.05.2017

12.05.2017

Tickets from 547

Saint Petersburg

16.10.2017

30.10.2017

Tickets from 571

Ekaterinburg

30.05.2017

07.06.2017

Tickets from 755

Urumqi

10.07.2017

17.07.2017

Tickets from 798

Belgorod

13.05.2017

27.05.2017

Tickets from 2 385


Recently, Five Star Headquarters officially announced to the outside world, and the world’s largest home appliance chain

Best Buy (BestBuy) agreement, Best Buy, Five Star received 180 million U.S. dollars

Investment . So far, Best Buy to enter the China market, channel preparation of this appliance has reached 3 years of the plan is finally settled, Best Buy will acquire 51% stake in Five Star, the largest shareholder, the formal entry into the Chinese home appliance chain channels, direct and home appliance chain Big Three

States United States , Suning , Wing-lok, head on. Gome, Suning, Yongle interview indicated, because the basic five-star store in the secondary and tertiary markets, and a share of the market is basically saturated, so even if Best Buy and do not give them five-star collaboration with to a substantial threat and impact. On the contrary, the entry of foreign capital, will be more to promote their management intensive.

And industry experts said, as a global chain, Best Buy has great purchasing power and financial security, is unparalleled in the domestic home appliance chain. The past two years, there will be a national chain map of the most significant changes, not only in the regional chain is a national chain of acquisitions, mergers and acquisitions between national chain will appear, appliance stores in the future there will only be possible three or four, or even two or three control patterns.

The end of Best Buy shop in Shanghai

According to latest information released by Five Star, Best Buy and Five Star currently the co-operation has been the approval of relevant Chinese government departments, and in May 11 was the business license. Five Star’s current management, including the company’s founder, will continue as the company positions, Five Star’s stores will continue to be star

Brand Management, Jian-Guo Wang will continue as Chairman of the Board and President of the five-star post.

Insiders pointed out that the Best Buy acquired 51% stake in Five Star, so Best Buy has the ultimate right to speak, was holding the five-star also has some say, to set up a new company is more reasonable of.

Best Buy human resources and management powerful than the five-star, Best Buy at this stage need to use the power of rapid integration into the local five-star chain in China market. Therefore, Best Buy will maintain its current stability and coordination, in the short term will not lead to the loss of five-star staff.

For Best Buy Five Star Holdings, the new company which plans, Best Buy Asia Pacific headquarters in Shanghai head office and the relevant public information is not specific answer to reporters, but said that the cooperation with the Five Star Best Buy accelerated understanding of China’s retail environment, in addition, is also accelerating this year, China opened its first stores in the planning process.

According to insiders, the White Best Buy This time after the five-star appliances will be walking on two legs: one to the domestic market and GOME, Suning, Yongle and other household appliances chain

Competition ; In Shanghai, Beijing, Guangzhou, a city, Best Buy, which they had to build high-end brand

Flagship store , Is expected to open in Shanghai this year will be 3, Beijing opened two stores.

Intended to circumvent Capital Risk? Five Star Chairman Wang Jianguo told reporters: “Five Star will benefit from Best Buy

Retail Operation , IT and Logistics Aspects of advanced experience, China will continue to enhance the consumer shopping experience. “

In fact, Best Buy is known as “do not fight a battle unprepared” features. Household appliances, said a senior expert Luo Yan night, Best Buy to open retail outlets in the front and Chinese companies are different, they spent much time on research, and once involved will do its best, this should be the Best Buy Five Star cooperation with the basic intent.

In addition, Five Star has been in the past two years to raise funds and improve the company’s ownership structure, seeking to help the listed strategic investors. The Best Buy is a complete industrial investors, they want to pass to enter the China Five Star Holding electrical chain store market.

I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as japanese car importers , ultimate fighting challenge.

Related To China Articles

People who search for Cheap Flights To Sanya also searches for :

cheap flights to sanya
cheap flights sanya
sanya travel guide
sanya travel
travel to sanya
travel sanya
sanya china travel
cheap flights to china
cheap flights china
cheap china flights
cheap flights to shanghai china
china travel
travel t o china
travel to china
china travel guide
travel china guide
travel china
china travel service
china travel tips
travel in china
travel i n china
china travel visa
flights to
flights to los angeles
los angeles flights
los angeles airfare
lax flights
flights from lax
airline tickets
flights from los angeles
los angeles cheap flights
los angeles tickets
last minute flights
cheap flights to los angeles
cheap flights to las vegas
cheap flights to san francisco
cheap flights to
cheap flights to rome
cheap flights to orlando
cheap flights to cancun

LEAVE A REPLY

Please enter your comment!
Please enter your name here