Thursday, September 6, 2007

RETAIL MARKET

TIENS Tapping China's Retail Market


Banner Store, a retail brand of China TIENS Group Co., Ltd., opened a store in the country's eastern costal city Tianjin days ago.


Besides common commodities like health care products, household cleaning products and cosmetics, the store will provide some special products such as private-brand commodities and commodities purchased from production area. Banner Store plans to open 40 to 50 such stores in China this year and lift total number of its Banner-branded stores to 400 in the country within three years, revealed insiders.


Banner's worldwide direct-selling stores are expected to reach 1,000 by 2009. Together with franchised stores, number of its worldwide stores are expected to hit 2,000 to 3,000 by then.


China TIENS Group Co., Ltd., a multinational group specializing in retail, tours, finance, international trade and e-commerce, has expanded its business to 190 counties and territories by through establishing braches and representative offices in 105 countries and territories.