As the situation in the fight against COVID-19 improves, all industries in China are returning to work in an orderly manner。Department store industry, with the increasingly smooth logistics transportation, large-scale wholesale markets, shopping malls have opened, and market sales have also rebounded。According to the statistics of the Ministry of Commerce, as of March 27, the return to work rate of circulation channel businesses reached 97.6%, with trading volumes up more than 50% from early February;The return rate of major supermarket chains is close to 99 percent.At 5%, sales have exceeded the level of the same period last year。With the clarity of the epidemic, the department store retail industry is ushering in its own spring after experiencing the "darkest moment"。
The epidemic has made the department store industry face challenges and changes in many segments such as product services, sales channels, and customer acquisition methods. The industry is in urgent need of a professional exhibition to comply with the new retail trend, repair and destroy the industrial chain, and strengthen trade exchanges。As the first large-scale industry trade exhibition in the domestic department store industry in the second half of 2020, the China General Merchandise Fair (hereinafter referred to as the "Department Store Fair") will be held in Shanghai New International Expo Center from July 23 to 25.It will undoubtedly take on the heavy responsibility and play an important role in the resurgent department store market。