All Time Convenience Store Beijing and Tianjin stores all closed at the end of the month, what is the reason for the closure?
The reason why the whole time convenience store will choose to close. A big reason is because it can not make money, no more profits. Plus this particular period of retailing is not good. It is important to keep a company afloat if it is losing money over a long period of time. The fund chain cannot be broken, if the company's fund chain support does not pay such a big loss. Then the best thing for the company to do at this time is to abandon a part of the business, so I think this time to close the door is mainly for the contraction strategy of the company. By reducing a part of the business to gain greater vitality.