Good Life China
Good Life China Corporation announced it will be expanding the warehouse facilities in Cangzhou, Hebei Province to increase capacity by 25%.
Currently, the warehouse currently serves more than 800 retail stores with goods from over 300 supplier members.
The warehouse moves roughly RMB 600,000 daily, and generates monthly logistics revenue of over RMB 900,000, plus an additional RMB of monthly trading membership fees of over RMB 300,000.
Warehouse capacity is being upgraded to service 1,000 stores, as the Company’s store count continues to increase on a daily basis, as well as being able to handle additional new suppliers that continue to come on stream with Good Life.
More HERE.
Source: MarketWatch