Mon, Oct 23, 2006 - Page 12 News List

PXmart maps out big expansion plan

CHALLENGE The discount chain is planning to have 320 stores nationwide by the end of the year and is targeting urban areas and islets as a focus for the growth

By Jackie Lin  /  STAFF REPORTER

Its growth has attracted rivals' attention. In August, the nation's largest hypermarket chain Carrefour for the first time claimed that it will challenge Pxmart after it has 80 mega-sized stores in operation by 2010.

Carrefour spokesman Allan Tien (田中玉) said that by that time, the retail giant will start opening smaller stores right next to Pxmart's for cut-throat rivalry.

Faced with Carrefour's confrontation, Lin said they are not afraid of competition as each retailer has its own prowess.

"We provide the lowest prices anytime, quality products and convenience. Taiwan's hypermarkets and supermarkets all have foreign capital behind them. People should support rarities like us, a 100-percent Taiwanese company," Lin said.

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