Western cosmetics chain big play tricks
Western cosmetics chain big play trick, hit the "new retail" under the physical store pain point. In march, the ministry of commerce released a report on the development of China's retail industry in 2017-2018, saying that the sales of the 2,700 typical retail enterprises it focuses on monitoring increased 4.6 percent year-on-year, and their operating profits and total profits increased by 8.0 percent and 7.1 percent respectively. It can be seen that China's retail industry has experienced the pain of the transformation of physical retail, business difficulties gradually improve, showing a stable trend.