aims to expand the number of its Apple retail chain stores
in Asia to 100 by the end of this year, securing a strong drive for its sales.
One mainstay of the Chinese operations is Starbucks Shanghai, which came into being in 2000 as a joint venture between President Chain Store
(with a 30% stake), Uni-President Enterprises (20%), and Starbucks Coffee International (50%).
Being recognized by Chain Store
Age is a testament to the excellence of our Retail Services practice," said Anthony Buono, executive managing director of CBRE Retail Services, Americas.
Nevertheless, almost half of independents and more than half of chain store
managers give their source of supply a rating of 80 or above, a "B" grade at most schools.
managers report that the rate of scratches in the warehouse and the out-of-stock rate at store level increased substantially last year.
Hsu Chung-jen, general manager of President Chain Store
, says that his company expects its 7-Eleven operation in Shanghai to turn profitable relatively quickly.
a chain store
operator specializing in furniture, it said.
In a counter-trend that presages even greater growth for American retailers, chain stores
now are looking for opportunities in Europe.