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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of the Securities
Exchange Act 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (date of earliest event reported):
<B>February 9, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>QKL STORES INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; background-color: white; background-color: white; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 34%; font-size: 10pt; text-align: center">Delaware</TD>
    <TD STYLE="width: 33%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">033-10893</P></TD>
    <TD STYLE="width: 33%; font-size: 10pt; text-align: center; text-indent: -9pt">75-2180652</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">(State of Incorporation)</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;(Commission File No.)</TD>
    <TD STYLE="font-size: 10pt; text-align: center">(IRS Employer<BR>
Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">4</FONT>
Nanreyuan Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Dongfeng Road</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Sartu District</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">163300 Daqing, PRC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address Of Principal Executive Offices) (Zip
Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(011) 86-459-460-7825</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Registrant&rsquo;s Telephone Number, Including
Area Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Former Name or Former Address, is Changed Since
Last Report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">[_]<FONT STYLE="font-size: 10pt">&#9;Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">[_]<FONT STYLE="font-size: 10pt">&#9;Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">[_]<FONT STYLE="font-size: 10pt">&#9;Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">[_]<FONT STYLE="font-size: 10pt">&#9;Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P><B>Item 4.01 Change in Registrant&rsquo;s Certifying Accountant.<BR CLEAR="ALL" STYLE=">
<B>Item 4.01&#9;Change in Registrant&rsquo;s
Certifying Accountant.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"></B></P>

<P><FONT STYLE="font-size: 10pt">On
February 13, 2012, QKL Stores Inc. (the &ldquo;Company&rdquo;) dismissed BDO China Shu Lun Pan Certified Public Accountants LLP
(&ldquo;BDO&rdquo;), as its principal accountant, and engaged Albert Wong &amp; Co LLP (&ldquo;Albert Wong&rdquo;) as its new
independent registered public accounting firm. The decision to dismiss BDO and to retain Albert Wong was approved by the Company&rsquo;s
Audit Committee on February 9, 2012.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">BDO was engaged by the Company on July 8, 2011 and as a result
did not deliver an audit report on the financial statements of the Company for the years ended December 31, 2009 or 2010. In connection
with the review of the Company&rsquo;s financial statements for the interim periods from July 8, 2011 through February13, 2012,
there were: (i) no disagreements between the Company and BDO on any matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of BDO, would have caused
BDO to make reference to the subject matter of the disagreement in its reports, and (ii) no reportable events within the meaning
set forth in Item 304(a)(1)(v) of Regulation S-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">During the Company&rsquo;s two most recent fiscal years ended
December 31, 2010 and 2009 and through February 13, 2012, the Company did not consult Albert Wong with respect to (i) the application
of accounting principles to a specified transaction, either completed or proposed; or (ii) the type of audit opinion that might
be rendered on the Company&rsquo;s consolidated financial statements, and neither a written report nor oral advice was provided
to the Company that Albert Wong concluded was an important factor considered by the Company in reaching a decision as to the accounting,
auditing or financial reporting issue; or (iii) any matter that was the subject of either a disagreement as defined in Item 304(a)(1)(iv)
of Regulation S-K or a reportable event as described in Item 304(a)(1)(v) of Regulation S-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">The Company provided BDO with a copy of this disclosure on
February 13, 2012, providing BDO with the opportunity to furnish the Company with a letter addressed to the Securities and Exchange
Commission (the &ldquo;SEC&rdquo;) containing any new information, clarification of the Company's expression of its views, or the
respect in which BDO does not agree with the statements contained herein. A copy of the letter dated February 13, 2012, furnished
by BDO in response to that request is filed as Exhibit 16.1 to this Current Report on Form 8-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"><B>Item 8.01&#9;Other Events.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">On February 14, 2012, the Company issued a press release
announcing the dismissal of BDO and the appointment of Albert Wong. A copy of the press release is furnished as Exhibit 99.1 hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"><B>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"><B>(d) Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; border-bottom: black 1.5pt solid; padding-top: 12pt">Exhibit</TD>
    <TD STYLE="width: 1%; padding-top: 12pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 84%; border-bottom: black 1.5pt solid; padding-top: 12pt">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt">16.1</TD>
    <TD STYLE="padding-top: 12pt">&nbsp;</TD>
    <TD STYLE="padding-top: 12pt">Letter from BDO China Shu Lun Pan Certified Public Accountants LLP to the SEC dated February 13, 2012.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt">99.1</TD>
    <TD STYLE="padding-top: 12pt">&nbsp;</TD>
    <TD STYLE="padding-top: 12pt">Press release dated February 14, 2012.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 211.5pt">QKL STORES INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 211.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 211.5pt">By: <U>&nbsp;&nbsp;/s/
Tsz-Kit Chan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 211.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: black">Name:
</FONT>Tsz-Kit Chan</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 211.5pt">Title: Chief Financial Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: February 13, 2012</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Exhibit Index</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">&nbsp;</P>

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    <TD STYLE="width: 15%; border-bottom: black 1.5pt solid; padding-top: 12pt">Exhibit No.</TD>
    <TD STYLE="width: 1%; padding-top: 12pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 84%; border-bottom: black 1.5pt solid; padding-top: 12pt">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt">16.1</TD>
    <TD STYLE="padding-top: 12pt">&nbsp;</TD>
    <TD STYLE="padding-top: 12pt">Letter from BDO China Shu Lun Pan Certified Public Accountants LLP to the SEC dated February 13, 2012.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 12pt">99.1</TD>
    <TD STYLE="padding-top: 12pt">&nbsp;</TD>
    <TD STYLE="padding-top: 12pt">Press release dated February 14, 2012.</TD></TR>
</TABLE>


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{"company-data": {"conformed-name": "QKL Stores Inc.", "cik": "0000808047", "assigned-sic": "5411", "irs-number": "752180652", "state-of-incorporation": "DE", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-34498", "film-number": "12602636"}, "business-address": {"street1": "1 NANREYUAN STREET", "street2": "DONGFENG ROAD , SARTU DISTRICT", "city": "DAQING", "state": "F4", "zip": "163300", "phone": "3124540312"}, "mail-address": {"street1": "1 NANREYUAN STREET", "street2": "DONGFENG ROAD , SARTU DISTRICT", "city": "DAQING", "state": "F4", "zip": "163300"}, "former-company": [{"former-conformed-name": "QKL Stores, Inc.", "date-changed": "20080619"}, {"former-conformed-name": "FORME CAPITAL INC", "date-changed": "19920703"}]}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act 1934
Date of Report (date of earliest event reported):
February 9, 2012
QKL STORES INC.
(Exact name of registrant as specified in charter)
Delaware
033-10893
75-2180652
(State of Incorporation)
(Commission File No.)
(IRS Employer
Identification No.)
4
Nanreyuan Street
Dongfeng Road
Sartu District
163300 Daqing, PRC
(Address Of Principal Executive Offices) (Zip
Code)
(011) 86-459-460-7825
(Registrant's Telephone Number, Including
Area Code)
(Former Name or Former Address, is Changed Since
Last Report)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
[_]
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[_]
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[_]
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[_]
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 4.01 Change in Registrant's Certifying Accountant.
On
February 13, 2012, QKL Stores Inc. (the "Company") dismissed BDO China Shu Lun Pan Certified Public Accountants LLP
("BDO"), as its principal accountant, and engaged Albert Wong & Co LLP ("Albert Wong") as its new
independent registered public accounting firm. The decision to dismiss BDO and to retain Albert Wong was approved by the Company's
Audit Committee on February 9, 2012.
BDO was engaged by the Company on July 8, 2011 and as a result
did not deliver an audit report on the financial statements of the Company for the years ended December 31, 2009 or 2010. In connection
with the review of the Company's financial statements for the interim periods from July 8, 2011 through February13, 2012,
there were: (i) no disagreements between the Company and BDO on any matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of BDO, would have caused
BDO to make reference to the subject matter of the disagreement in its reports, and (ii) no reportable events within the meaning
set forth in Item 304(a)(1)(v) of Regulation S-K.
During the Company's two most recent fiscal years ended
December 31, 2010 and 2009 and through February 13, 2012, the Company did not consult Albert Wong with respect to (i) the application
of accounting principles to a specified transaction, either completed or proposed; or (ii) the type of audit opinion that might
be rendered on the Company's consolidated financial statements, and neither a written report nor oral advice was provided
to the Company that Albert Wong concluded was an important factor considered by the Company in reaching a decision as to the accounting,
auditing or financial reporting issue; or (iii) any matter that was the subject of either a disagreement as defined in Item 304(a)(1)(iv)
of Regulation S-K or a reportable event as described in Item 304(a)(1)(v) of Regulation S-K.
The Company provided BDO with a copy of this disclosure on
February 13, 2012, providing BDO with the opportunity to furnish the Company with a letter addressed to the Securities and Exchange
Commission (the "SEC") containing any new information, clarification of the Company's expression of its views, or the
respect in which BDO does not agree with the statements contained herein. A copy of the letter dated February 13, 2012, furnished
by BDO in response to that request is filed as Exhibit 16.1 to this Current Report on Form 8-K.
Item 8.01	Other Events.
On February 14, 2012, the Company issued a press release
announcing the dismissal of BDO and the appointment of Albert Wong. A copy of the press release is furnished as Exhibit 99.1 hereto.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit
Description
16.1
Letter from BDO China Shu Lun Pan Certified Public Accountants LLP to the SEC dated February 13, 2012.
99.1
Press release dated February 14, 2012.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
QKL STORES INC.
By:
/s/
Tsz-Kit Chan
Name:
Tsz-Kit Chan
Title: Chief Financial Officer
Date: February 13, 2012
Exhibit Index
Exhibit No.
Description
16.1
Letter from BDO China Shu Lun Pan Certified Public Accountants LLP to the SEC dated February 13, 2012.
99.1
Press release dated February 14, 2012.