久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / Industries

China Resources unit to sell stakes in Wal-Mart

By WANG ZHUOQIONG (China Daily) Updated: 2015-10-10 10:42

China Resources unit to sell stakes in Wal-Mart

Workers install the logo of China Resources Corp in Nantong, Jiangsu province. [Photo/China Daily]

Transferring interests in 21 outlets will not hit operations and development of US retailer

China Resources SZITIC Trust Co Ltd, a subsidiary of China Resources Corp, is to sell its 35 percent stake in 21 Wal-Mart Stores Inc's outlets in China, worth 3.35 billion yuan ($523.4 million).

"Transfer of the minority interest in our joint venture partner will not affect Wal-Mart's operation and development in China," Wal-Mart China said in a statement.

"Wal-Mart respects the investment decision of its partner in the proposed transfer of its minority interests and creditor's rights in the joint ventures."

As the controlling shareholder in joint-venture companies in charge of the management and daily operation of the stores, Wal-Mart said it would continue to develop business opportunities, and implement stringent corporate governance and internal controls, in compliance with the country's laws and regulations.

Jason Yu, general manager of market research firm Kantar World panel China, said the selling of the stake by the investment branch of China Resources makes clear that the move is largely an investment decision.

He said potentially the proceeds could help fund further development by CRVanguard, the company's retail unit, especially store expansions and e-commerce.

Both Wal-Mart and CRVanguard are experiencing sales slowdowns, as e-commerce competition increases.

According to Kantar figures, CRVanguard claimed a 6.6 percent market share during the second quarter of 2015, slightly behind Sun Art Retail Group Ltd, which leads the China market with 6.9 percent.

CRVanguard's overall growth remains strong, fueled by store expansion and the development of a multi-format portfolio, Yu said.

This is being offset, however, by a weakening of the Tesco-branded operations it runs jointly with Tesco Plc-the United Kingdom's largest retailer which this week announced a 55 percent plunge in half-year profit.

"We expect more Tesco stores to either close or be converted into CRVanguard-branded sites in the coming year," said Yu.

According to the China Shopper Report released in July, the country's hypermarket sector remains weak, with smaller supermarkets, convenience stores and e-commerce channels growing faster.

"We expect that trend to continue," said Yu. "More hypermarket players are actively experimenting with new formats and O2O applications to cater to changes in shopping behavior."

Angela Wang, partner and managing director of The Boston Consulting Group, said it is now time for retailers to reconsider hypermarkets as their key formats.

"Hypermarkets have been on the decline in recent years due to their weakening attraction to consumers in first-tier cities, where shoppers are demanding more convenience and a variety of merchandise from online competitors," said Wang.

She said hypermarkets should now be looking to increase their fresh-food offerings to drive up traffic, offer better displays of their non-fresh-food goods, and improve their supply chains to raise profitability.

Hot Topics

Editor's Picks
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    午夜精品久久久久久久99樱桃| 国产日本一区二区| 亚洲午夜久久久久中文字幕久| 99久久免费精品| 亚洲精品国产精华液| 欧美羞羞免费网站| 五月激情六月综合| 欧美成人综合网站| 成人性生交大片免费看视频在线 | 日本午夜精品视频在线观看| 欧美mv日韩mv亚洲| 风间由美性色一区二区三区| 亚洲女人的天堂| 欧美丝袜丝交足nylons图片| 美国精品在线观看| 久久嫩草精品久久久久| av在线不卡免费看| 亚洲午夜在线视频| 精品国产91久久久久久久妲己| 成人综合在线视频| 亚洲成av人影院| 久久综合九色综合97婷婷女人| 成人国产电影网| 亚洲成a人在线观看| 久久久久久久网| 99久久久精品免费观看国产蜜| 亚洲成人av电影在线| 亚洲精品一区二区三区福利| 99久久国产综合色|国产精品| 亚洲成人中文在线| 久久亚洲二区三区| 色8久久人人97超碰香蕉987| 日本va欧美va瓶| 综合欧美一区二区三区| 欧美一三区三区四区免费在线看 | 亚洲精品欧美综合四区| 91精品国产综合久久国产大片| 国产福利视频一区二区三区| 亚洲一区二区三区四区五区黄 | 国产精品嫩草99a| 欧美日韩成人一区二区| 成人激情开心网| 麻豆视频一区二区| 亚洲精品国产无天堂网2021 | 一区二区三区高清| 欧美tickling挠脚心丨vk| 色综合婷婷久久| 国产综合色在线视频区| 一卡二卡欧美日韩| 久久久99免费| 欧美精品电影在线播放| 成人影视亚洲图片在线| 蜜桃av一区二区| 一区二区三区四区亚洲| 国产欧美综合色| 欧美一区二区三区的| 色婷婷久久久综合中文字幕| 国产精品18久久久久久vr| 爽好久久久欧美精品| 自拍偷在线精品自拍偷无码专区| 精品日产卡一卡二卡麻豆| 欧美性色欧美a在线播放| 国产美女精品人人做人人爽| 视频一区二区三区入口| 国产精品区一区二区三区| 欧美电影免费提供在线观看| 欧美影院午夜播放| 91丨九色丨尤物| 丰满白嫩尤物一区二区| 国内久久精品视频| 蜜桃精品在线观看| 午夜不卡在线视频| 亚洲一二三四区| 亚洲欧美韩国综合色| 国产精品久久久久影院老司| 久久先锋影音av| 欧美变态tickle挠乳网站| 3d动漫精品啪啪一区二区竹菊| 在线观看视频欧美| 色一区在线观看| 95精品视频在线| 不卡的电影网站| 成人国产精品免费观看| 国产91精品一区二区| 国产经典欧美精品| 国产一级精品在线| 精品写真视频在线观看 | 豆国产96在线|亚洲| 国产又黄又大久久| 国产一区二区三区国产| 九九视频精品免费| 久久99精品一区二区三区三区| 免费观看在线色综合| 日本免费在线视频不卡一不卡二| 性做久久久久久免费观看欧美| 亚洲午夜私人影院| 亚洲777理论| 日韩av一区二区三区四区| 日韩成人一级大片| 免费观看在线综合色| 久久精品国产亚洲aⅴ| 久久精品国产精品亚洲精品| 久久精品国产一区二区三区免费看 | 精品盗摄一区二区三区| 日韩免费观看高清完整版| 日韩精品一区在线| 337p日本欧洲亚洲大胆精品| 久久久精品中文字幕麻豆发布| 久久久蜜桃精品| 国产清纯白嫩初高生在线观看91| 国产蜜臀97一区二区三区| 国产精品国产三级国产a| 自拍av一区二区三区| 一区二区三区在线看| 五月婷婷久久丁香| 麻豆成人免费电影| 国模少妇一区二区三区| 成人在线一区二区三区| 91丨porny丨中文| 欧美日韩一区二区电影| 欧美一区二区三区思思人| 精品播放一区二区| 国产精品网站在线观看| 亚洲日本在线a| 亚洲18女电影在线观看| 精品一区二区三区日韩| 成人综合婷婷国产精品久久蜜臀| eeuss鲁片一区二区三区| 日本久久电影网| 91精品一区二区三区久久久久久| 精品国产一区二区精华| 国产色产综合色产在线视频| 亚洲欧洲中文日韩久久av乱码| 夜夜揉揉日日人人青青一国产精品 | 亚洲另类在线一区| 三级欧美在线一区| 国产精品综合一区二区三区| av电影一区二区| 欧美另类videos死尸| 久久久久国产精品麻豆| 亚洲六月丁香色婷婷综合久久 | 色屁屁一区二区| 91精品国产综合久久香蕉的特点 | 欧美吞精做爰啪啪高潮| 日韩欧美国产综合一区| 国产精品久久看| 日韩电影网1区2区| 成人免费视频播放| 欧美男女性生活在线直播观看 | 久久色在线观看| 亚洲精品亚洲人成人网| 久久黄色级2电影| 91色乱码一区二区三区| 日韩美一区二区三区| 专区另类欧美日韩| 久久99热狠狠色一区二区| 色综合久久88色综合天天免费| 欧美精品aⅴ在线视频| 国产女人18毛片水真多成人如厕 | 欧美性三三影院| 久久久久久亚洲综合| 亚洲一卡二卡三卡四卡无卡久久 | 久久综合色之久久综合| 亚洲黄色在线视频| 国产一区二区剧情av在线| 一本色道亚洲精品aⅴ| 欧美精品一区二区三区一线天视频 | 久久婷婷国产综合国色天香 | 精品一区二区三区香蕉蜜桃| 色婷婷一区二区| 国产亚洲一区字幕| 天天操天天干天天综合网| www.亚洲免费av| 精品国产乱码久久久久久牛牛 | 亚洲欧美福利一区二区| 国产在线播放一区三区四| 欧美日韩五月天| 中文字幕视频一区二区三区久| 免费三级欧美电影| 欧美吻胸吃奶大尺度电影| 国产精品无码永久免费888| 捆绑紧缚一区二区三区视频| 欧美在线视频全部完| 中文字幕国产精品一区二区| 另类中文字幕网| 欧美色男人天堂| 亚洲欧美日韩在线| 国产精品一二三区在线| 日韩一区国产二区欧美三区| 亚洲综合999| 91香蕉视频黄| 国产农村妇女毛片精品久久麻豆| 麻豆一区二区三区| 欧美日本在线视频| 亚洲精品国产a| 99精品视频在线播放观看| 久久精品亚洲麻豆av一区二区| 毛片一区二区三区| 91精品国产综合久久久久久久| 亚洲一区二区三区四区中文字幕|