QKL Stores, Inc.



Quote for QKL Stores, Inc.

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QKLS
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NASDAQ
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Summary for QKL Stores, Inc.

QKL Stores, Inc. (QKL) is a regional supermarket chain that operates 29 supermarkets, 11 hypermarkets and three department stores in northeastern China and Inner Mongolia. The Company's supermarkets and hypermarkets sell a range of merchandise, including groceries, fresh food and non-food items. As of December 31, 2010, the Company had two distribution centers servicing its supermarkets. As of December 31, 2010, QKL's supermarkets had a total area of approximately 174,047 gross square meters, which included all rental space. The Company's supermarkets carry merchandise divided into three categories: grocery, fresh food and non-food items. Its department stores sell brand-name and luxury clothing and accessories, cosmetics, small electronics, jewelry, books, home furnishings, and bedding, and contain a movie theater and a beauty salon. In December 2011, it opened a supermarket in Heilongjiang Province.