Retail Formats
Why Can't Millions of Terminal Stores Beat Sam's Club, Hema, or Pangdonglai?
Despite years of deep cultivation in China, why can't Yonghui and RT-Mart beat Sam's Club? The beverage industry now agrees that growth is increasingly difficult, with pressure felt across the entire chain from brands to distributors to retailers. From 2025 to now, Pin Yin Hui has visited over 500 non-chain retail stores, and more than 40% of owners reported significant declines in beverage sales.
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