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Does Wal-Mart open a shop in Yinchuan, Ningxia?
65438+2000 square meters storefront, ranking first among the top 500 in the world, and a new national sales platform for labeling local products in Ningxia-Wal-Mart, the first foreign-funded commercial enterprise in Ningxia, is here!

Yesterday, Tian Ruikun, vice president of Wal-Mart in China, led a group of people to give a thumbs up after inspecting Yinchuan Mall. An "OK" indicates that Yinchuan Mall has successfully passed the acceptance of Wal-Mart. A related person from the Yinchuan Municipal Bureau of Commerce said that in June this year, after Yinchuan Mall built a unloading platform according to Wal-Mart's requirements and adjusted its internal property rights, the two parties will formally sign a 40-year contract. Wal-Mart is expected to open in April next year.

It is reported that after Wal-Mart enters Ningxia market, relying on its advanced logistics model, there will be more well-known brands at home and abroad for consumers in our region to choose from. In terms of price, because Wal-Mart distributes goods nationwide, scale operation has won more space for low prices. On the other hand, Wal-Mart also sells its own brand goods. After a delivery truck comes to Ningxia from other places, it is impossible to drive back empty. Wal-Mart will select some local products in Ningxia, brand them and sell them in the national market.

It is understood that Yinchuan Mall began to contact Wal-Mart from June 5438+0, 2007. After 1 years of negotiations, initial results have finally been achieved. In Wal-Mart's investigation report on Yinchuan Mall, the current and future passenger flow of Yinchuan central city and commercial district is carefully counted, and the future competitors are analyzed one by one. Yinchuan Mall will spend 50 million yuan to rebuild Wal-Mart's basement. In addition, when Yinchuan Mall negotiated with Wal-Mart, there was an additional condition, that is, introducing an international chain catering enterprise to fill the gap in Ningxia.