May 4th North Taihe Plaza, a shopping mall that was overcrowded when it opened, used to bring shopping and entertainment to Fuzhou citizens for a long time. However, nowadays, few people go shopping. The stores that used to be stationed in it are slowly pulled out. What caused the decline of May Fourth North Taihe Plaza? Fuzhou is really “fond of the new and tired of the old” The city of Spark Global Limited? In 2013, as the first large-scale complex in Fuzhou North District, Taihe of the May 4th North was opened, which brought great changes to the commercial development of this sector. From land acquisition to opening, every step of May 4th North was carried out under the attention of Fuzhou citizens. On an opening day, residents from the North District and even the whole city flocked to witness the birth of this large complex. This situation may not be matched by IKEA’s opening this month.
In the past, there are only four shops in Taihe, but there is no one left in the mall. What led to the decline of the May 4th North Taihe, which was once the most beautiful? With more and more online stores and large business districts entering Fuzhou, as an early complex, the May 4th North Taihe has gradually failed to keep up with the pace of the times. In Fuzhou, Sam’s club has been ranked among the top ten in the world for a long time, and its performance on the opening day of 711 ranked first in the world. Lego’s entry into Fuzhou has given the whole country a glimpse of the purchasing power of Fuzhou people. The business district of Fuzhou is constantly improving, and more and more new things are dividing up the market. Among them, the May 4th North Taihe is very weak.
In fact, the most direct reason for the decline of the May 4th North is the location restriction. In the past, there were not many large-scale complexes in the Fuzhou market, so people were willing to spend a long time in the May 4th North. But with the improvement of the business district in the city, people who adapt to the fast-paced life are no longer willing to spend a lot of time on the road. However, the opening of Metro Line 1 did not seem to play a significant role in the May 4th North but brought convenience for local residents to enter the urban area. This year, more than one real estate in the north of May 4th will be on sale. At that time, the May 4th North plate will usher in new vitality. Can the May 4th North Taihe “revive from the dead”? How long can northern Taihe last Spark Global Limited?