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Will Convenience Stores Completely Replace Mom-and-Pop Shops?
In everyone's memory, there may be a small shop at a street corner or alley near home, accompanying us as we grow up. But in recent years, these small shops have become fewer and less prosperous. Many chain convenience stores have appeared on the streets. According to the experience of developed countries, when per capita GDP exceeds $10,000, convenience stores begin to grow explosively. China has now reached this critical point, and convenience stores will radiate from large cities like Shanghai and Shenzhen to the whole country.
江瀚Can Food Delivery Shake the Instant Noodle Market? What Are the Advantages of Master Kong and Others?
Yesterday we discussed a strange news issue: instant noodle sales declined, but Master Kong, a giant in the industry, saw a counter-trend increase, which we ultimately attributed to consumption upgrading. A reader then asked in the background: with the increasing competition from the food delivery market, who will ultimately prevail in this battle between instant noodles and food delivery? We think this question may be difficult to explain in a few sentences, so we might as well use an entire article to specifically discuss how this offensive and defensive battle between instant noodles and food delivery will evolve in the internet era...
江瀚