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Shandong Original Four Way Tesco Supermarket Turns Into An Integrated Shopping Center.

2014/9/28 21:33:00 48

ShandongFormerly Four Tesco SupermarketIntegrated Shopping Center

Last July, the former Quartet Tesco supermarket was forced to close because of its gloomy business.

Not long ago, it began redecorating.

Reporters learned that a project called "Yue Hui square" invested by Macquarie Group in Australia will be set up here to build a large shopping center with catering, entertainment and department stores as the main body. It will open before the end of the year.

Original Tesco changed to shopping center

"The original Quartet Tesco is being renovated. Is there a new shopping mall to open?" recently, some citizens showed it to reporters.

On the 23 day, the reporter came to the address of the original Ledu remittance project at Renmin Road. The original word of joy shopping had been removed and replaced by the two characters of "Yue Hui". Beside the project, there were still investment telephone calls. The construction workers were carrying out intense construction, and the building was being pformed by the facade, surrounded by the surrounding fence.

Inside the project, only the construction personnel were busy doing the decoration.

"Three months ago, the construction began, and a lot of changes were made in the interior. Many shops were separated from them."

A construction worker told reporters.

Replace

Tesco

What is the project? The reporter inquired publicly that the project was called "Yuet Hui Qingdao square pformation project". Its construction unit was Yuet Hui business management (Qingdao) Co., Ltd., in May this year, the project has issued public bidding.

Song Chenglin, the tender contact of the project department, told reporters that the newly built "Yue Qingdao square pformation project" will create a large shopping center which integrates catering, entertainment and department stores. "Catering, children's wear and entertainment will be the main place, including cinemas, 5 floors and 2 floors on the ground."

According to Song Chenglin, the project has been completed by tender, and the construction unit has been identified as the Central Construction Bureau.

  

Australia

Company investment will open before the end of the year.

Where does this "Yuanhui" brand really belong to? The reporter learned from Yuet Hui Plaza investment promotion department that Yuet Hui Plaza is an investment project of Macquarie Group in Australia.

Macquarie Group is an investment company. It mainly deals with shopping malls and real estate. In recent years, Macquarie has invested and acquired infrastructure, airports, toll roads and real estate in many countries around the world.

Yuet Hui Plaza is a shopping center project invested by China. There are 11 in China, which are located in Harbin, Dalian, Shanghai, Ji'nan, Wuhan, Nanning and other places. The Qingdao is building its eleventh projects.

Public information shows that as early as 2012, Wanda Group's 9 Wanda Plaza changed its name to Yuet Hui square.

The staff member of the investment promotion department said that the group was the capital injection company of Wanda, and the 9 Wanda Plaza were bought by them.

According to the briefing, Qingdao's Yuet Hui Plaza project is currently attracting investment and is scheduled to open for business by the end of December this year.

  

and

Liqun

Dislocation competition avoids positive confrontation.

Last July, Tesco supermarket, due to its poor management and low traffic volume, resulted in many shops closing down and eventually closing down.

In the view of the industry, due to the lack of localization, the most urgent purchase demand of local residents is not caught, and there is no very eye-catching feature. As a foreign retailer, Tesco is difficult to compete with the neighbouring local business bigwigs, and eventually leads to the closure.

The arrival of the "Yue Hui Qingdao Plaza reconstruction project", which is also invested by foreign investors, will undoubtedly set off a fierce business battle with Liqun mall again.

However, it is understood that this project has not directly engaged in positive confrontation with Liqun, but has different emphasis on dislocation competition. "We will create a comprehensive shopping mall similar to Wanda Plaza, which is different from the adjacent group and the original Tesco."

Song Chenglin told reporters.

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