This year Gome will cuts off 100 stores to improve its cash flow in 2009, He Yangqing said, its vice president.
As the biggest household appliance chain stores of China, it's the right time for Gome to optimize and regroup. Besides of shutting down 100 stores, Gome will regroup the rest 1200 stores and open new flagship stores to improve unit prodution.
Economic depression brings difficulties to Gome, but certain measures have taken, and the worst time has passed over, He Yangqing said.