San Shang Holdings is one of Taiwan’s major local companies. Judging from its operating performance in 2016, “Simple Mart,” “Mister Donut,” and “FamilyMart” were its promising businesses. In addition, “Sanyou Cosmetics,” a joint venture established by San Shang Trading and Japan’s Sumitomo Corporation, also delivered commendable performance.

By contrast, San Shang Mi Fu’s operating performance was poor. Whether compared with San Shang Trading’s other business groups or with Taiwan’s chain brands Sealy and Taiwan ODE Furniture, the only four words that can describe it are “an absolute disaster.” With poor management, how could the company offer good salaries, bonus systems, and comprehensive benefits? Its biggest advantages are its low interview threshold, high hiring rate, and high turnover rate, making it suitable for people reentering the workforce or middle-aged unemployed people.

【Commercial Times】San Shang’s promising business, Simple Mart, to be spun off as an independent company, San Shang Home Shopping

https://ctee.com.tw/mobile/ViewCateNews.aspx?cateid=cedt&newsid=155872

【Liberty Times】San Shang Trading steps on the gas, aiming to double the number of Tomod’s drugstores and revenue

http://news.ltn.com.tw/news/business/breakingnews/2001954

【Apple Daily】MFI’s British operator withdraws; San Shang Trading takes over

http://www.appledaily.com.tw/appledaily/article/finance/20060310/2457105/

Both the “essence” and the “conditions” are poor. Nothing you do will be effective, and you will never even see the taillights of outstanding companies.