Along with the people of Guangzhou for 17 years, "Jusco" In March this year, officially renamed the "Aeon", "Jusco" will no longer appear. And this change occurred in just Aeon Group was established last year after China headquarters. In the vision of the future, the Aeon Group specifically mentioned king of prussia mall address in the future will expand the commercial real estate development, financial services king of prussia mall address and other integrated multi-format operations, and will cause the progressive development of territories Jiangsu, Hubei, Zhejiang, Fujian and other areas. Insiders believe that, "Jusco" name change also means that the future of this expansion, the integrated financial services industry will be very interesting part.
As the Japanese retail giant Aeon stationed in mainland China will be the first store in Guangzhou. 1995, Jusco customers as Tokyo Mitsubishi Bank, international investment company in Guangdong approached to pull strings "Teem" project. Jusco was time to enter Hong Kong in 1984, 1994 and listed in Hong Kong, operating results good. In 1994, Aeon explicit proposal to expand the business into the Chinese mainland, while just located in Guangzhou Tianhe City, near Hong Kong, which will help expand the work, and ultimately settled out of Aeon select first "Jusco."
Reporters learned that, when Jusco Teem Stores with both sides set up a joint venture in Guangdong Jusco Department Store Co., Ltd., according to 65%: 35% allocation, since then, Aeon on the "Jusco" to enter the mainland market. Has substantial experience in retail management, coupled with Teem Plaza itself has extensive government and community resources, Jusco bring sales experience once in Guangzhou business model. Reporter has learned that, as of now, the Tianhe City and Aeon still maintain the original relationship, some executives still Teem seconded to Jusco.
It is understood that the country king of prussia mall address also has Aeon established in 1996, Qingdao Aeon Dongtai Co., Ltd., established in 2007, AEON Co., Ltd. (Beijing), AEON (China) Commercial Co., Ltd., the business located in Beijing and Tianjin, Shandong Guangdong and Hong Kong's four regions. Managing Director of Guangdong JUSCO Yuji Yoneda told reporters that the establishment of AEON (China) Investment Co., Ltd., the Aeon internal currently divided into Guangdong, Qingdao, Hong Kong, Beijing, Shenzhen and five regions from five regional perspective, which three in the southern market king of prussia mall address has to show its strength in the market. king of prussia mall address
From the results of the situation, according to the Aeon (0984.HK) (including Hong Kong and Southern China business) business conditions published in 2012 showed revenue of HK $ 7.377 billion, an increase of 10.33%, net profit of HK $ 239 million, of which China business revenue amounted to HK $ 3.852 billion, an increase of 6.6%, segment profit of HK $ 17.4 million as of the end of 2012, in the southern region king of prussia mall address has 25 stores. According to data released by Aeon Group in China including Hong Kong operations cause revenues of 257.498 billion yen (equivalent king of prussia mall address to approximately HK $ 8,267,000,000), so calculated, Hong Kong and South China operations accounted for sales of about 90% Strong domestic development of the South, so that's another Aeon retail brand MELS Bai Yue will also be China's first store located in the Guangzhou market.
Followed for 17 years, "Jusco" Why is renamed? Guangdong Province Chamber of Commerce executive president Huang Wenjie circulation analysis, "even in the industry at present, there are two different points of view, one is brand must long history, as the French department store Galeries Lafayette, as the status of the times, king of prussia mall address another view is that , a brand with a 30-50 years need to be replaced to maintain the freshness of the consumer. In fact, for consumers, changed its name to 'Jusco' does not seem very abrupt, the first is' Aeon 'word was' Jusco 'parent company's name, and the second,' Aeon 'long as the financial services began to be a lot of consumers are familiar king of prussia mall address with. "
Express reporter studied the Aeon Group, they found that the Japanese Aeon Group's internal, commercial real estate development and integrated retail king of prussia mall address financial king of prussia mall address services is in addition to outside, profits constitute a very important part. Operating income, GMS utilities (ie, integrated department stores) accounted for 48%, SM utilities (ie, food mart) accounted for 22%, the consolidated financial king of prussia mall address business and commercial real estate development projects were only 3%, respectively, although the proportion king of prussia mall address of non-operating income high, but profit margins are very impressive. An integrated king of prussia mall address financial services industry as an example, its profit contribution rate of 12%, while commercial real estate development business accounted for up to 22 percent more, relatively speaking, GMS cause only 31%, SM utilities accounted for 12%.
Statistics show that 2012 year, Aeon Group's consolidated operating profit for the financial industry 22.056 billion yen (about 1.422 billion yuan), commercial real estate development business operating profit of 40.883 billion yen (about 2.636 billion yuan). "I think it is Aeon Group's internal financial and retail consolidation, which may include the integration of funds, guarantee of future retail expansion." Huang Wenjie said. Reporters also noted that AEON (China) 's consolidated financial aspects of a total of six companies, which, in April 2011, established the Shenyang Finance and Trade Development Zone AEON Microfinance limited liability company, in June 2012 also set up Tianjin AEON Microfinance Limited. In addition to microcredit loans, Aeon also developed insurance business, was established king of prussia mall address in Hong Kong in 2008, AEON Insurance Brokers (HK) Limited, the business more in 2009 by the AEON Information Service (Shenzhen) Co., Ltd. introduced the mainland.
Currently, AEON Credit Service has a total number of 2976 million members, according to AEON (China) the disclosure of information, AEON Credit Service (Asia) Limited king of prussia mall address undertake king of prussia mall address credit card business, the contract repayment mediation undertakings, June 2012 March 20, amounting to about 110 million king of prussia mall address cardmembers. In September 2011, consumer credit due to the Beijing municipal government started pilot work, Aeon Credit consumption is also a pilot unit. The same year in August, Aeon and Shenyang signed an agreement with Suning Appliance, home appliances and furniture to consumers installment services.
Entrenched in the South, with the atmosphere increasingly strong domestic retail Aeon obviously want to participate, in 2011, Aeon has developed mid-term management plan that will "turn king of prussia mall address to the Asian market," as one of the Group's strategic, king of prussia mall address business into Japan, China Malaysia three sections, king of prussia mall address and vigorously promote the development strategy. Aeon Group's Chief Strategy Officer Jerry Blake (JerryBlack) in 2011, said a media interview, Aeon is among the few profitable retailers in China. king of prussia mall address The next 10 years will be opened in China at least 2,000 stores.
The attendant, in addition to multi-business development, as well as the long-entrenched blaze Southern Region. Aeon development plans on the special mention of Jiangsu, Hubei, Zhejiang, Fujian and other areas, can be seen, the South will be the focus of future development. Yuji Yoneda interview with this reporter when he said, "because China is very large, Aeon hope based on the needs of local residents localized adjustments, future talent, warehousing, activities will be localized." In fact, this strategy is equivalent to giving place greater power. This change means that there will be more local decision-making power, insiders told reporters, after Aeon decisions require at headquarters in Japan, the establishment of China headquarters, which is equivalent to Beijing as long as the future decision-making can be, and now come Look, there are many local decision-making power.
This multi-brand, whether decentralized model allows Aeon Deus Ex? According to the China Chain Store & Franchise Association released 2011 China Chain hundred report and is currently the main supermarket format is Vanguard, Lianhua Supermarket, Carrefour, Wal-Mart Big Four split, the number of stores owned 3977, 5221, 203 and 271 . "From past experience, Aeon market acceptance in the north not as the South." There is unnamed industry analysis, "in Nationwide, only about one in Aeon place strong brand, its size even less Yonghui Supermarket, Tesco, all music and other relatively weak brand in Guangzhou, which is spending habits also have a certain relationship. king of prussia mall address "
"Aeon is mainly in the Southern Region of Hong Kong's management manages, and sent directly to the north by the Japanese king of prussia mall address side, since entering Hong Kong for some time, spending habits have to find out, of course, is easier to enter the South, while the North has a different consumption habits, but also to explore the future I believe some time. "Analysis of the industry," king of prussia mall address Meanwhile, the North will face each giant monopolies, particularly in terms of price, a small number of Aeon stores, the network is not built up at the beginning, in the face of pressure great. "This entry was posted in Uncategorized on March 17, 2013 by admin. Post navigation Xinhua News Agency: superior officer the information opaque caused the false leadership can succeed Shanghai Huangpu River the dead pig Continued: 9 waterworks water meets health standards
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