Suning China plans 730 new stores in 2019
Chinese O2O player Suning has announced plans on opening 730 new stores in Beijing by the end of this year. The retailer also mentioned plans of accelerating the upgrading and construction of intelligent warehousing and distribution networks.
In 2018, Suning has accumulated 623 newly opened stores throughout the year. Suning majorly stores cover the first- and second-tier cities in China. Going forward, Suning will target the long-tail demand for ecommerce, and Suning Retail Cloud will help modernize its retail services to the fourth- and fifth-line markets. (Chinese language)