Theclosureof the store in a \\nhigh-end community of northeastern Beijing is the beginning of a \\nstrategyreshufflefor Ito Yokado, which has eight stores in the capital and five \\nin Chengdu.<\\/p>
Traditional hypermarkets and \\ndepartment stores have been hit by the rise of e-commerce, represented by \\ncompanies such as online retailer Tmall, a platform of Alibaba Group Holding \\nLtd. In response, Beijing Wangfujing Department Store (Group) Co Ltd and New \\nWorld Department Store China Ltd have entered the e-commerce market.<\\/p><\\/section><\\/article>\",\"copyright\":{\"name\":\"1\",\"url\":\"\"},\"cover\":\"\",\"ctime\":1648556832466,\"editor\":{\"email\":\"zhangning@huanqiu.com\",\"name\":\"\\u5f20\\u5b81\"},\"ext-aid1712\":\"a-XB3V7KC3F9E51C67B9F2D6\",\"ext-xtime\":1396886400000,\"filter_by_search\":1,\"fingerprint\":{\"s0\":\"405d\",\"s1\":\"6971\",\"s2\":\"cc6b\",\"s3\":\"4726\"},\"flow\":\"fl0q3ob81\",\"isdeleted\":false,\"keyboarder\":{\"email\":\"td@visitbeijing.com.cn\",\"name\":\"migrate\"},\"keywords\":[\"Ito Yokado\",\" Wangjing Branch\"],\"lang\":\"en\",\"log\":[{\"action\":\"change user fields\",\"agent\":\"dpevcvfoicn\",\"data\":[{\"field\":\"state\",\"value\":\"0\"}],\"time\":1648556834384,\"user\":\"\"},{\"action\":\"change user fields\",\"agent\":\"cbevcvfs52k\",\"data\":[{\"field\":\"step\",\"value\":\"\\\"l0q3o47q\\\"\"}],\"time\":1648556833410,\"user\":\"\"},{\"action\":\"create new version\",\"agent\":\"\",\"time\":1648556832466,\"user\":\"Data Migrate\"}],\"prever\":\"\",\"source\":{\"name\":\"\\u5317\\u4eac\\u65c5\\u6e38\\u7f51\",\"url\":\"\"},\"state\":5,\"step\":\"l14ltvzg\",\"subtitle\":\"Ito Yokado to Close Its Wangjing Branch\",\"summary\":\"Japanese retailer Ito Yokado Co Ltd is\",\"tags\":[\"News\"],\"title\":\"Ito Yokado to Close Its Wangjing Branch\",\"typedata\":{\"audio\":{\"members\":[]},\"gallery\":{\"members\":[{\"desc\":null,\"height\":0,\"id\":null,\"mime\":null,\"size\":0,\"url\":\"https:\\/\\/rs-ali.visitbeijing.com.cn\\/image\\/ec6090b05d7494e038675c118cf63897.png\",\"width\":0}]},\"video\":{\"members\":[]}},\"utime\":1648556832466,\"ver\":\"8yg5msdt\",\"verdead\":false,\"vflag\":\"3\",\"labels\":[],\"_cbevcvfs52k_approval_operator\":[],\"_cbevcvfs52k_approval_status\":0,\"_cbevcvfs52k_approval_time\":0,\"_cbevcvfs52k_approval_user\":[],\"_cbevcvfs52k_sword\":\"\",\"ext-defertime\":0}";
var article = JSON.parse(cs_article);
Japanese retailer Ito Yokado Co Ltd
is to close its Wangjing store in Beijing on April 25, with employees and goods
withdrawn on May 15. Industry experts said fewer customers and a
less-than-satisfactory performance are to blame for the end of eight years'
operation.
Theclosureof the store in a
high-end community of northeastern Beijing is the beginning of a
strategyreshufflefor Ito Yokado, which has eight stores in the capital and five
in Chengdu.
Traditional hypermarkets and
department stores have been hit by the rise of e-commerce, represented by
companies such as online retailer Tmall, a platform of Alibaba Group Holding
Ltd. In response, Beijing Wangfujing Department Store (Group) Co Ltd and New
World Department Store China Ltd have entered the e-commerce market.