Who says brick-and-mortar retail is dead? Billionaire Li Ka-shing’s A.S. Watson Group is opening nearly four stores a day because selling baby and skin-care products in China is generating profit margins that Amazon.com Inc. could only dream of.
The operator of the Watsons health-and-beauty stores and Superdrug chain plans to open 1,400 outlets … Read the rest
from Feedster http://www.feedster.com/blog/hong-kong-billionaires-stores-make-profit-margins-amazon-could-only-dream-of/
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