Pacific department store withdraws from Beijing

Pacific Department Store, once known as Beijing 1/4 market share, is now facing the fate of losing its capital. Today is the last day for Pacific Department Store Yingke Store to open in Beijing. All goods are finally cleared and the store is officially closed after normal business. So far, two Pacific department stores in Beijing have all closed.

Yingke Store can still return the card next month.

Ge Yubin, deputy director of the promotion department of Beijing Xidan Pacific Department Store, said yesterday that after the store is closed, the store will have a one-year service period. From today until1October 3 1 and 20 12, consumers can go to the Wukesong joint service center to continue to handle goods exchange, points exchange for accumulated welfare cards, withdrawal of prepaid cards and other businesses.

In addition, he also said that a service desk was set up at the north gate on the first floor of Yingke Store to provide unified after-sales service, and consumers can also exchange points and return prepaid cards at Yingke Store.

Pacific Department Store began to implement the card withdrawal procedure at the end of September, and the amount of prepaid cards has been about 600,000 to 700,000 yuan.

It is understood that the closure of Pacific Department Store caused more than 200 employees to be laid off, and some employees were dissatisfied with the compensation plan and filed complaints with the company. Ni Fei, deputy general manager and trade union chairman of Beijing Xidan Pacific Department Store, said that yesterday morning, the company held a workers' congress on employee compensation, which has been properly resolved.

The company said it would not give up the Beijing market.

According to the data, Pacific Department Store 200 1 landed in Beijing and Yingke Store opened. Eight years later, Pacific Department Store opened its second store, Wukesong Store. Only two years later, it announced the closure of stores in Beijing.

For withdrawing from the Beijing market, Pacific Department Store denied that it was closed due to losses. He also said that due to the expiration of the property lease, the mall and the property failed to reach an agreement on the terms of renewal.

Tao, general manager of Pacific Department Store, said in September, "We have not given up the Beijing market." He also revealed that three locations are currently being evaluated, including near the Four Seasons Hotel Yansha in the East Third Ring Road and the Tiantan Park in the South Second Ring Road. Re-opening a store may take the form of self-help shopping, which is a large shopping mall format integrating shopping, leisure and entertainment.

Regarding the closure of Pacific Department Store, Li Zhi, a marketing expert, once analyzed that the positioning of Pacific Department Store in Beijing was too high-end, and some of them were not acclimatized.