Eslite opens largest Asia branch in New Taipei's Xindian District
Taipei, Sept. 28 (CNA) Eslite Spectrum opened its largest branch in Asia on Thursday at the Yes!Life (Yulon City) mall in New Taipei's Xindian District.
Eslite Chairwoman Mercy Wu (吳旻潔) participated in a ribbon-cutting ceremony to formally open the 19,000 ping (62,810 square meters) store branch, which now occupies the B1-4F levels in the seven-story mall.
Speaking to reporters, Wu said the retailer's operations had turned a corner after several tough years during the COVID-19 pandemic, and that it expected to return to full-year profitability in 2024.
The Xindian branch is expected to earn NT$4-5 billion (US$124-155 million) annually, which would make it Eslite's highest-earning location and will substitute for the income lost when the company's Taipei Xinyi branch closes in December, Wu said.
Eslite also held a soft opening Thursday for its new branch at Kaohsiung's E Sky Mall, and will open a 7,500-ping location in Taichung's Xitun District in late October, Wu said.
The Eslite Xindian branch is located approximately ten minutes on foot from Dapinglin MRT station.
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