Re-development after closing the store
According to the relevant report of “Lianshang.com”, in the past year, 55 famous department stores in key cities nationwide were shut down. After six consecutive years of closing the store, a large number of department stores have lost. Even the situation of well-known foreign department stores such as Martha is not optimistic. According to public data, in recent years, the United States has shut down more than 800 department stores. It fell 24% 10 years ago.
"Under the traditional department store logic, the recession is not cyclical, but permanent. Department stores that do not change their minds will no longer be included in the table. The department store industry must be upgraded and developed." Chen Xiaodong said.
The First Financial Reporter learned that in order to achieve transformation and more Internet, Intime Department Store’s customers are identifiable under various scenarios such as entering the store, visiting the store, entering the counter, going up and down the building, and even leaving the market. The consumption trajectory, moving line and heat map generated by the customer can provide management decisions for the operator. This is a link cycle, which ultimately points to the precise matching of people and goods, and the improvement of efficiency.
Alibaba Cloud CEO Hu Xiaoming revealed that the new shopping malls of Intime Department Store are all running in Alibaba Cloud. In the analysis of the identification and action trajectory of Yintai Department Store’s digital membership, Alibaba Cloud’s EDAS provides scalable architecture capabilities, which can ensure a large promotion and smooth business peaks.
According to Alibaba and Intime, the most core data transmission services and online and offline data synchronization, Intime Department Store is also through the Alibaba Cloud data transmission service as an overall data synchronization solution. Intime Department Store will become China’s first "Internetized department store".
“Today Yintai has become a technology company, an Internet company. Intime needs to use the technology of the Internet to operate its customers, whether it is an App or website on Intime Online, or an offline store management and sales. Intime has used a lot of development throughout the development. The cloud computing products of our own use the products of Internet companies. I believe that in the future, Intime will use a lot of products of the Internet of Things and artificial intelligence. In the future, a large number of retail products will appear on the website, appear in department stores, how to use new technology today. To enable full linkage of production lines and sales, full link between consumers and manufacturing, full link of supply chain and sales system, data driven, technology driven, innovation driven, bring more The change. All opportunities today are reserved for innovators who use technology, and all opportunities are reserved for changers!” Hu Xiaoming said.
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