Can SKP Continue To Write Its Predecessor?

Without the investment of new Guang San Yue, there is no Xinguang heaven and earth. Can only Beijing Hualian operate SKP continue its former glory?

Reporters at SKP saw that the whole shopping arcade, as long as there were signs, including the entrance and exit of the car park, the entrance of shopping malls, and so on, all the original "Xinguang Tiandi" and "Shin Kong Place" were erased. The negative layer, consisting of food street, bags, jigsaw puzzle and all kinds of young tide cards, was rebuilt into a modern fashion district, containing the mainstream designers in the market. Light extravagance And high-end brand.

A layer of original cosmetics. Jewellery The whole area was moved to the two floor, the original area is being closed and decorated, and the Starbucks with high popularity has been shut down, and the two layer is part. Clothing brand Shutting down, the remaining floor pattern remains the same.

Reporters interviewed several young men and women who were shopping. They all said they did not notice that the shopping mall was no longer called "new world". "SKP, listening too awkward, I can't understand why I took this name." Ms. Gao said.

"We have completed the renaming process, and the business of the mall will no longer contain any elements of new light and three elements." A person in charge of Beijing Hualian said that when renamed, Beijing SKP is making new adjustments to its internal formats and businesses to better meet the new needs of consumers.

However, in the industry's view, the game between Hualian and Xinguang has only just begun. The project of shinguang San Yue in Tongzhou has begun to build, and it may compete directly with Beijing SKP in the future.

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Why does Huarun start selling retail businesses? Many people in the industry believe that this has nothing to do with its losses in recent two years. Huarun has a large number of retail brands, including Huarun Wanjia supermarket, Zhongyi, Hua Runtang, and cosmetics store, VIVO, Pacific Coffee and so on. In 2014, the same store sales of its retail business dropped by 2.6%.

With institutional analysis, Huarun's entrepreneurial profitability declined after the acquisition of China's Tesco with a large but low profit margin. In fact, if the assets were reassessed after tax, the actual performance loss of Huarun venture last year was about HK $794 million. Among them, the retail business has become the biggest performance drag of Huarun venture, and the food business has also performed poorly.

Huarun Wanjia CEO Hong Jie once told reporters that it is expected to fully complete the docking and integration of Huarun Wan and Tesco in all the stores in the country in terms of organizational structure, personnel, commodities, supply chain, inventory, finance and so on, which will take three years.

"After the sale of retail business, Huarun's acquisition will slow down, but its capital expansion will not stop." According to the insiders, after all, the scale effect is still a very important factor for retail enterprises.

A few days ago, Guangzhou friendship issued a performance report that the first quarter of 2015, the company's profit is expected to decline compared to the same period, the net profit attributable to shareholders of listed companies reached 64 million 100 thousand -6550 yuan during the period, down 13.10%-14.95% compared with the same period last year.

Affected by the downturn in consumption, the impact of electricity providers and the restriction of three public spending, Guangzhou friendship has been running down for the nine consecutive quarter. But surprisingly, the price of Guangzhou friendship has soared. This is closely related to the dual engine strategy of Guangzhou Department of friendship and finance.

Guangzhou friendship director Jiang Guo Yuan said recently that according to the Guangzhou state assets plan, the Guangzhou friendship listing platform will be injected into Yuexiu's gold control assets, and the plan has passed the examination of the SFC successfully. The listed company will be transformed into a platform for department stores and financial double main businesses, of which the financial sector will visit the capital market and make use of the rare opportunities in the financial market to create regional financial leading enterprises. Yuexiu's gold control will go across the border into the financial sector. There are reports that after the completion of the financial assets, the possibility of renaming the Guangzhou friendship listed company will not be ruled out.

"Industry docking finance must be a big development trend." Huang Wenjie, executive director of Guangdong Circulation Industry Association, thinks that the biggest part of TOYOTA's profits is not from selling cars, but from finance. Guangzhou friendship's department store + finance dual engine strategy, if implemented well, is likely to achieve the acquisition strategy and scale up.