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(From SinoCast China IT Watch)
SHANGHAI, August 22, SinoCast -- Liquid crystal TV becomes the new weapon for Suning Appliance to confront Gome and China Paradise, which joined hands with each other recently. The three are China??s leading home appliance retailers.
Suning Appliance disclosed yesterday that its flagship outlet on Tianlin road sold CNY 16.5 million on August 19, and liquid crystal TV contributed 80% to the overall sales of TV sets, well above 60% market average level.
Gome refused to admit being inferior, announcing that its commodities purchased with the huge amount of capital have been distributed to each outlet and would be …