Today: October 21, 2016, 11:05 am

China mixed retailers market: Dashang Group the key industry player during 2012
Mixed Retailers in China - a new market research report on 2014-03-11 04:21:01
Dashang Group ranked number one in the China mixed retailers market in 2012, which can be attributed to its outstanding performance in the department stores category. Its aggressive expansion strategy has enabled the group to achieve a total value share of over 2% in 2012 in the highly fragmented mixed retailing market, which is seeing increasingly fierce competition. Through mergers and acquisitions, Dashang Group quickly developed from its home base in Northeast China to North China and more recently to West China, by acquiring My Homart from New Hope Group in Sichuan province.

The overall retailing market continued to see robust current value growth in China in 2012, mainly thanks to the growing disposable incomes arising from steady GDP growth. Locals´ changing attitudes towards consumption, particularly young consumers´ much more open attitudes towards spending money, have also fuelled retailing growth. Mixed retailers, led by department stores, are important and traditional shopping venues for Chinese consumers, and registered 13% current value growth in 2012, outperforming the total retailing growth in China.

Mixed retailers are expected to continue to see strong growth, with a constant value CAGR of 10% over the forecast period. Ongoing urbanisation, rising disposable incomes and the increasing penetration of chained operations into lower-tier cities and affluent rural areas will be the major driving forces. Department stores will remain the dominant format in mixed retailers, thanks to their long-established reputation of wide product ranges and a more premium market positioning.

Click for report details: ..

Browse all Retail Market Research Reports ..

Browse all Retail Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 436 Words
Related Articles
More From Finance
P2P lending platform Monexo partners with IDBI-Trusteeship [..]
For Immediate Release: 2nd September 2016 MUKESH BUBNA, CEO Monexo Fintech Pvt Limited P2P [..]
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.