The Dilemma of Traditional Business Circle

Every city may have a commercial pedestrian street. Commercial street, as an area where various commercial forms gather, is not only a concentrated place for urban commercial activities, but also one of the important commercial landmarks. Just like Chunxi Road in Chengdu, there are more than 700 commercial outlets and the streets are extremely prosperous. It is also one of the most distinctive commercial streets in China, and has become a popular shopping place for local people and foreign tourists.

Chunxi Road and Wangfujing both represent a city and an era. In fact, Taiyuan, the capital of Shanxi Province, has many commercial streets, among which Liuxiang is the most prosperous. As a commercial street with a long history in Taiyuan, it is also very prosperous, with hundreds of thousands of people flowing every day. As the commercial street in the core area of the city, it is also of great commercial value. In fact, one of the many commercial streets in Taiyuan was once expected to rival it, but now it has emerged.

At the intersection of Pingyang Road and Qinxian Street in Taiyuan City, there is a pedestrian street called red river valley Pedestrian Street, which is a key commercial project of Hengshi Group. Developers have devoted a lot of efforts to its construction, which not only has a superior geographical location, but also has complete supporting infrastructure, including leisure and entertainment, food and beverage, shopping and other rich commercial forms, which can provide customers with one-stop places to eat, drink and have fun.

Because of the superior geographical location and huge passenger flow support, many businesses have also seen room for development. The reason why this commercial street attracted many merchants in the early stage was that it was once very prosperous after opening, but it didn't last long. Now, because developers are greedy for self-interest and dissatisfied with the status quo, they are competing to adopt the business model of "selling and leaseback", which harms the interests of many businesses.

Therefore, merchants have also left, and only a few are still sticking to it, but the attraction is not great, and there are fewer and fewer customers, which leads to operational difficulties and crises for the commercial street as a whole. Obviously, such a commercial street has great room for development, but due to the developers' own reasons, it is facing a bleak ending, not to mention wanting to be on a par with Liuxiang. Whether we can survive now is a big question.

From the construction of various commercial streets, we can sum up more experiences. In planning, we need to consider a variety of comprehensive factors, make a reasonable planning layout, including not only site selection, but also create a good shopping atmosphere, and at the same time fully consider the diversified needs of customers. Only by having competitive advantages and maximizing its economic benefits can the construction of commercial streets last for a long time.