Founded in 1993, New World Department Store China Limited (“NWDS” or the “Company”;Stock Code: 825) is the retail flagship of New World Development Company Limited (Stock Code: 17) and has developed itself as one of the largest owners and operators of department stores in Mainland China. The Company was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 12 July 2007.
By employing the forward-looking expansion strategies of “multiple presences in a single city” and “radiation city” throughout the years, NWDS currently operates a large national network of 15 “New World”branded department stores in Mainland China, and 7 “Ba Li Chun Tian”branded department stores and shopping malls in Shanghai. The retail chain covers 12 key locations in Mainland China, including Beijing, Shanghai, Wuhan, Shenyang, etc.
With the mission “To create a modern, metropolitan lifestyle with creativity, foresight and efficiency in China”, NWDS strives to raise consumers’ living standard with a vast range of merchandise and quality service. Today, NWDS is widely recognized as a retailer of quality merchandise and an icon of quality living. NWDS will continue to expand its retail network and endeavour to offering its customers with fun, pleasant and convenient shopping experience.
The Group remains steadfast to the values of“Merchandises + Services + Experiences”for retail, thus strengthening our consumer-centric market competitiveness and forging ahead for the long-term advancement of our business.
New scenarios, new business categories, and new models have mushroomed in the current consumer market. To continuously attract new consumer groups, the Group adopts strategies such as upgrading businesses, enriching categories, and strengthening product appeal to achieve a close integration of online and offline elements, establish positive and diversified quality businesses, and enable consumers to enjoy a more pleasant and convenient immersive shopping journey.
Let us gather at New World Department Store for shopping and recreation, and jointly step into our life of superior quality in Mainland China for the new consumption era.
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