Retail Formats
Hema, Meituan, Tianhong and Others Vie for South China Hard Discount Market: Three Major Concerns?
On April 18, two more eye-catching Hema NB stores opened in Shenzhen, and on April 17, Meituan's Happy Monkey opened its first South China store in Foshan. Meanwhile, Tianhong welcomed an Outlet Le discount store at the end of last month. With Walmart community stores already having 13 locations in Shenzhen, community retail in South China in 2026 is no longer a simple format iteration but a fierce hard discount alley fight. As a veteran with over a decade in retail, I've witnessed the golden age of hypermarkets, the proliferation of convenience stores, and the rise and fall of community fresh food. But this time, the explosion of hard discount community stores feels completely different—it's not an incremental innovation but a structural reshaping of the industry's survival.
天外飞仙