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Articles by 王慧莹
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Discount Stores: A Cure for Supermarkets' Losses?
Opening discount stores has become the latest move by supermarkets. As retail competition intensifies and other channels divert customers, supermarkets face declining revenue and losses. After warehouse clubs and membership stores, discount stores are the new battleground. On October 31, Hema announced its 'upward, downward, outward' plan, with Hema Outlets and Hema Neighbor tasked with 'downward' expansion, aiming to cut prices to half of hypermarkets through supply chain restructuring.
王慧莹Snack Industry Battle Reignites: Old Internet Celebrities Hit Bottlenecks, New Ones Grab Market
Qiaqia Food once mentioned at a promotional event that the worse the economy, the more snacks are needed to relieve stress. From White Rabbit, Uni-President, and Want Want in the early 1990s to Bestore, Three Squirrels, and Lai Yifen in the 21st century, China's snack industry has evolved over three decades. Now, new-style roasted nuts have become the new favorite, with Xueji Roasted Nuts recently completing a 600 million yuan Series A round funded by Meituan Longzhu and Qicheng Capital.
王慧莹Why Are Young People Losing Interest in Near-Expiry Food?
Near-expiry food stores, once a hit among young consumers due to low prices and discounts, are now facing a shakeout as competition intensifies and consumer interest wanes. Brands are pivoting to private labels and membership models to survive, but the industry still lacks a dominant leader.
王慧莹