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Home appliance retailers report good business
6/5/2003 17:42


Despite the ban on large-scale promotions due to SARS fears, home appliance retailers in Shanghai did good business during the five-day May Day holiday, today's Youth Daily reported.

Suning Corporation, a key electronic appliance retailer in the city, saw a 30-percent rise in sales during the holiday compared with normal periods, according to its manager, surnamed Zhu.

He said the company received an average of 80 orders each day via the Internet and some 200 on May 1.

He attributed the boom to the popularity of e-shopping with locals keen to protect themselves against SARS by avoiding crowded stores.

Yongle Electric Appliance Co. Ltd. also experienced a sales boom in the past week, according to Han Jianhua, spokesman of the company.

He said the 22 local Yongle outlets made revenues of 15.3 million yuan (US$1.9 million) during the holiday, with online sales tripling to 90,000 yuan a day from the normal 30,000 yuan.

Guomei Electric Appliance Co. Ltd., another leading home appliance retailer in the city, saw its single-day business rise to a record 51 million yuan on May 1, with sales during the five days jumping 35 percent to 112 million yuan from the same period last year, the company said.

It also reported an increase in online sales, with average revenue of 300,000 yuan each day from its e-shopping center, double the normal 150,000 yuan.



 Jane Chen / Shanghai Daily news