The situation in Wangfujing cannot be called bankruptcy, it is just a change of business methods and withdrawal from the market. First of all, the geographical location is not good, facing an immature real estate and an old office... Moreover, Qixing Road and Xinmin

The intersection of the road is not enough to bring enough traffic. Secondly, the way the department store is used and the steps to attract investment make Wangfujing seem less popular inside and cannot promote the development of the department store. The question of whether it can sustain it is whether Wangfujing has the ability to sustain it.

In the same way, Guangzhou Friendship has suffered losses for so long...