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Market Research Report

Retail Reshuffle Current Development of China's Major TV Retail Chains

Published by Market Intelligence & Consulting Institute (MIC) Contact us : +1-860-674-8796
Published 2007/04 Content info 16 pages
Product code III52830
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Abstract

In 2005, the top five retail chain players in China were Gome, Suning, Yongle, Five Star, and Dazhong. Of the five, Gome, Suning, and Yongle registered growth rates exceeding 180% in 2005, with Suning achieving a growth rate as high as 228%. This demonstrates the rapid growth of Chinese retail chains and their emerging role as key players in the Chinese channel structure.

In 2006, the leading player Gome Electrical Appliances acquired Yongle, which ranked third, while US retail player BestBuy gained control over the number four player, Jiangsu Five Star Appliance. Moves like these induced alterations in the Chinese channel structure. This report is dedicated to the analysis of the development and current status of the major Chinese retail chain players.

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