Century Mart opens new center in Huacao
By Victoria Fei |
November 24, 2012, Saturday
|
Print Edition
Print Edition
THE 39th Century Mart, the third-largest in Shanghai, opened on Qinggong Road, marking a new milestone in the commercial development of Huacao Town.
More than 5,000 customers a day have visited the market center, exceeding forecasts.
"We spent seven months doing the interior furnishing alone," said Lu Wei, who heads up the new Century Mart.
The new market promises keen competition for RT-Mart, only 600 meters away.
"Of the 25,000 products sold in Century Mart, only 5,000 are duplicated at RT-Mart," Lu said. "We've localized our purchasing, focusing on commodities favored by local residents."
Huacao is in the throes of change from an industrial to a commercial district.
Next year, a fashion center and two shopping malls are scheduled to open in the town.
More than 5,000 customers a day have visited the market center, exceeding forecasts.
"We spent seven months doing the interior furnishing alone," said Lu Wei, who heads up the new Century Mart.
The new market promises keen competition for RT-Mart, only 600 meters away.
"Of the 25,000 products sold in Century Mart, only 5,000 are duplicated at RT-Mart," Lu said. "We've localized our purchasing, focusing on commodities favored by local residents."
Huacao is in the throes of change from an industrial to a commercial district.
Next year, a fashion center and two shopping malls are scheduled to open in the town.
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