On nurturing the core competitiveness of large retail enterprise

Since China's entry into WTO, the domestic competition of retail market has been internationalized, hence the importance and urgency for nurture the core competitiveness of large retail enterprises. Mainly deal with service and seldom produce new products, retail enterprises should begin with determining overall and long-run strategic thinking, constitute development strategy of enterprises, integrate enterprises' advantages and competence by way of value chain, construct enterprises' profit-making patterns, and nurture the core competitiveness of large retail enterprises.