Pangdonglai
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Pangdonglai
Pangdonglai (lit. “fat Donglai” Simplified Chinese: 胖东来, Traditional Chinese: 胖東來) is a retail corporation founded in March 1995 by Yu Donglai (于东来). It operates a chain of malls and grocery stores and is headquartered in Xuchang, Henan, China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after .... The company is known for excellent customer service, and prioritizing work-life balance for its employees. In 2024 Pangdonglai paid out RMB¥8.8 million (US$1.2 million) in compensation to customers after a supplier was found to have violated food safety procedures. Its success has spurred imitation of its business style by competitors. References External links *{{Official, https://www.azpdl.cn/ Supermarkets of China Companies established in 1995 Depart ...
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Yu Donglai
Yu Donglai (Simplified Chinese: 于东来, 1966- ) is a Chinese businessman from Xuchang, Henan Province. He is the founder of Pangdonglai. Career Yu Donglai was born in 1966 in Xuchang. He graduated from Xuchang No. 7 Middle School and worked various jobs including scalping movie tickets, selling peanuts, and ice pops. In 1984, he started working at a rubber factory, but lost his job when the factory closed down. In 1995, with the help of his brother-in-law and sister-in-law, he opened a tobacco shop with an area about 40 square meters. In August 1997, Yu Donglai renamed his store to "Pangdonglai Tobacco and Alcohol Co., Ltd. (胖东来烟酒有限公司)". From 2000, Yu Donglai distributed company shares to employees, retaining only 10% for himself. In 2006, Pangdonglai opened a branch in Xinxiang Xinxiang ( zh, s= , t= , p=Xīnxiāng ; Postal romanization, postal: Sinsiang) is a prefecture-level city in northern Henan provinces of China, province, China. It borders the pr ...
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20230108 DL Department Store In Xinxiang
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious and cultural significance in many societies. Evolution of the Arabic digit The use of three lines to denote the number 3 occurred in many writing systems, including some (like Roman and Chinese numerals) that are still in use. That was also the original representation of 3 in the Brahmic (Indian) numerical notation, its earliest forms aligned vertically. However, during the Gupta Empire the sign was modified by the addition of a curve on each line. The Nāgarī script rotated the lines clockwise, so they appeared horizontally, and ended each line with a short downward stroke on the right. In cursive script, the three strokes were eventually connected to form a glyph resembling a with an additional stroke at the bottom: ३. The Indian digits spread to the Caliphate in the 9th ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ...
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Grocery Store
A grocery store ( AE), grocery shop or grocer's shop ( BE) or simply grocery is a retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday US usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops (though in everyday use, people usually use either the term "supermarket" or a " corner shop".) Larger types of stores that sell groceries, such as supermarkets and hypermarkets, usually stock significant amounts of non-food products, such as clothing and household items. Small grocery stores that sell mainly fruit and vegetables are known as greengrocers (Britain) or produce markets (US), and small grocery stores that predominantly sell prepared food, such as candy and snacks, are known as convenience shops or delicatessens. Definition The definition of "grocery s ...
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Xuchang
Xuchang ( zh, s=, t= ; postal: Hsuchang) is a prefecture-level city in central Henan province in Central China. It is bordered by the provincial capital of Zhengzhou to the northwest, Kaifeng to the northeast, Zhoukou to the east, Luohe to the southeast, and Pingdingshan to the southwest. Its population was 4,307,488 inhabitants at the final 2010 census, of whom 1,952,666 lived in the built-up (or "metro") area made up of Weidu and Jian'an districts (named from Emperor Xian of Han’s era name) and Changge City largely being urbanized. In 2007, the city was named as one of China's top ten livable cities by Chinese Cities Brand Value Report, which was released at 2007 Beijing Summit of China Cities Forum. Administration The prefecture-level city of Xuchang administers 2 districts, 2 county-level cities and 2 counties. * Weidu District () * Jian'an District () * Yuzhou City () * Changge City () * Yanling County () * Xiangcheng County () History During the early ...
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Henan
Henan; alternatively Honan is a province in Central China. Henan is home to many heritage sites, including Yinxu, the ruins of the final capital of the Shang dynasty () and the Shaolin Temple. Four of the historical capitals of China, Luoyang, Anyang, Kaifeng and Zhengzhou, are in Henan. While the province's name means 'south of the river', approximately a quarter of the province lies north of the Yellow River. With an area of , Henan covers a large part of the fertile and densely populated North China Plain. Its neighboring provinces are Shaanxi, Shanxi, Hebei, Shandong, Anhui, and Hubei. Henan is China's third-most populous province and the most populous among inland provinces, with a population of over 99 million as of 2020. It is also the world's seventh-most populous administrative division; if it were a country by itself, Henan would be the 17th-most populous in the world, behind Egypt and Vietnam. People from Henan often suffer from regional discrimination ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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Sohu
Sohu, Inc. () is a Chinese Internet company headquartered in the Sohu Internet Plaza in Haidian District, Beijing. Sohu and its subsidiaries offer advertising, a search engine (Sogou.com), on-line multiplayer gaming (ChangYou.com) and other services. History Sohu was founded as Internet Technologies China (ITC) in 1996 by Charles Zhang after he completed his PhD from the Massachusetts Institute of Technology and received venture capital funding from colleagues he met there. The following year, Zhang changed the name of ITC to Sohoo in homage to Yahoo! after meeting its cofounder, Jerry Yang; the name was soon after changed to Sohu to differentiate it from the American company. Sohu has been listed on NASDAQ since 2000 through a variable interest entity (VIE) based in Delaware. Sohu's Sogou.com search engine was in talks to be sold in July 2013 to Qihoo for around $1.4 billion. On September 17, 2013, it was announced that Tencent has invested $448 million for a minority sh ...
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Renminbi
The renminbi ( ; currency symbol, symbol: Yen and yuan sign, ¥; ISO 4217, ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the China, People's Republic of China. The renminbi is issued by the People's Bank of China, the Central bank, monetary authority of China. It is the world's Template:Most traded currencies, fifth-most-traded currency as of April 2022. The Yuan (currency), yuan () is the basic unit of the renminbi. One yuan is divided into 10 Jiao (currency), jiao (), and the jiao is further subdivided into 10 Fen (currency), fen (). The word ''yuan'' is widely used to refer to the Chinese currency generally, especially in international contexts. Valuation Until 2005, the value of the renminbi was Fixed exchange-rate system, pegged to the United States dollar, US dollar. As China pursued its Chinese economic reform, transition from planned economy, central planning to a market economy and increased its participation in foreign ...
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Supermarkets Of China
A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In everyday American English usage, however, "grocery store" is often casually used as a synonym for "supermarket". The supermarket retail format first appeared around 1930 in the United States as the culmination of almost two decades of retail innovations, and began to spread to other countries after extensive worldwide publicity in 1956. The supermarket typically has places for fresh meat, fresh produce, dairy, deli items, baked goods, and similar foodstuffs. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell o ...
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Companies Established In 1995
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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