Appliance retailer Gome reveals three-year plan

Is electrical appliance retailer Gome merely following its rivals or will its new internet-driven strategy truly jolt it out of the doldrums?

China's second-largest home appliance chain operator has rolled out a three-year strategy to increase its presence in lower-tier cities and expand into online food and cosmetics sales.

Yet some analysts doubt how much the new strategy would help the loss-making retailer.

via Business feed http://www.scmp.com/business/china-business/article/1113140/appliance-retailer-gome-reveals-three-year-plan