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Articles by 赵小米

Browse 14 New Distribution articles by 赵小米.

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Retail Formats

After 18 Years in China, 7-ELEVEn Shows Its Age

7-ELEVEn, once the benchmark of convenience stores, is facing a midlife crisis in China as its expansion slows and store numbers stagnate. With a new chairman at the helm, the company must decide whether to adapt to the changing market or stick to its proven but rigid strategies.

赵小米
Capital, Earnings & M&A

Is Opening a Physical Snack Store Still Profitable in 2021?

Physical snack stores remain a dominant sales channel, accounting for over 70% of the leisure snack market. Despite the presence of leading brands, the market is highly fragmented, offering opportunities for new entrants. This article examines the business model of 'Snack Busy', a chain focusing on affordable snacks in central China, and discusses its profitability, regional characteristics, and the evolving consumer habits that favor cost-effectiveness.

赵小米
Retail Formats

Unveiling the Business Strategy of Shanxi Convenience Stores: A 'Combination Punch' in Lower-Tier Markets

Shanxi's convenience stores, exemplified by Jinhu Bianli, have gained attention for their high density and innovative multi-format approach. By combining convenience stores with fast food and bakery outlets, and leveraging digital tools, they effectively reduce costs and attract customers in lower-tier markets.

赵小米
Capital, Earnings & M&A

Alibaba Hides Its Annual Active User Count

Alibaba Group released its Q1 FY2022 earnings (Q2 2021) on August 3, 2021. The company's annual active consumers in China retail reached 828 million, but this figure was buried in a footnote, drawing attention to the widening gap with Pinduoduo. Revenue grew 34% to RMB 205.74 billion, while strategic investments in new businesses led to a RMB 13.9 billion loss.

赵小米
Brand Marketing

Why Magnum Ice Cream Has 'Angered the Public'?

A viral post claims Magnum uses different ingredients in China (vegetable oil and milk powder) versus abroad (milk), sparking outrage over its high price. Magnum's response, citing environmental reasons and compliance with national standards, failed to quell criticism, leading to broader scrutiny of ice cream brands.

赵小米
Retail Formats

Alibaba Takes Over Suning, Zhang Jindong Keeps a Trick Up His Sleeve

Suning and Alibaba's relationship is harmonious on the surface but involves strategic maneuvering. Alibaba nominates Huang Mingduan as Suning's new chairman, while Zhang Jindong secures the president role for his loyal lieutenant Ren Jun, indicating he hasn't fully relinquished control.

赵小米
E-commerce & Instant Retail

Hema Neighbor's Competitor Is Not Community Group Buying

Since its first store test in Shanghai in May, Hema Neighbor has expanded to multiple cities, officially establishing the Hema NB business unit to create an affordable version of Hema's service area. The model, which uses a pre-order and self-pickup system, targets consumers in first- and second-tier cities who are not served by larger Hema stores, focusing on fresh food for daily meals. Despite similarities in delivery method, Hema Neighbor differs significantly from community group buying in target audience and product categories, and currently operates as a supplement to larger Hema stores rather than an independent business.

赵小米
E-commerce & Instant Retail

Community Group Buying Bids Farewell to Subsidies

In just half a year since the end of 2020, the frequent issuance of regulations, tightening market supervision, and the severity of enforcement in community group buying have exceeded all expectations. In March, after the State Administration for Market Regulation imposed administrative penalties on five platforms, the market thought the scale and frequency of such penalties were clear. Unexpectedly, in June, the administration imposed a maximum fine of 1.5 million yuan on Shihuituan and, for the first time, published a detailed Q&A on its official channel, explicitly prohibiting all forms of low-price dumping through huge subsidies. This means that community group buying platforms are no longer allowed to engage in any price reductions, promotional activities, disguised subsidies, or new user incentives.

赵小米
Retail Formats

Expiring Food Stores: It's All About Scale

Rapid expansion to achieve economies of scale early is crucial for expiring food stores. After being featured on CCTV News and gaining industry attention, this retail format has recently moved from niche enthusiasm to mainstream visibility. The market size for expiring food is estimated at over 10 billion yuan in 2020, with the broader snack industry exceeding 3 trillion yuan, suggesting the expiring food sector could be over 100 billion yuan.

赵小米
Capital, Earnings & M&A

Didi Hopes Chengxin Youxuan Can 'Walk Independently'

Didi aims to upgrade from a mobility giant to an internet giant. Amid reports of its own US listing in July, news emerged that its community group buying project, Chengxin Youxuan, would also pursue an independent IPO in 2022 or 2023, with investment terms including a clause converting investor shares to Didi equity if no IPO occurs within five years.

赵小米
Retail Formats

Pangdonglai, Not the Haidilao of Retail

Pangdonglai, a retail brand in Xuchang, Henan, is known for its exceptional employee welfare and customer service, but it has never expanded beyond two cities. Its approach, while praised, is seen as more about perception than real competitive strength, limiting its growth potential.

赵小米
E-commerce & Instant Retail

Major Suppliers 'Flee' Community Group Buying

In 2020, as major companies entered community group buying, distributors joined the new channel but many exited after months due to high return losses and operational challenges. The model is still early, with suppliers facing difficulties adapting to the new 'pre-sale + self-pickup' model.

赵小米
Retail Formats

RT-Mart Releases 2020 Financial Report: Annual Sales of Approximately 95.4 Billion Yuan, Opens 4 Hypermarkets, 6 Zhongrunfa, and 24 Xiaorunfa

Online orders grew rapidly. On January 31, 2021, Sun Art Retail disclosed its full-year 2020 financial report (as of December 31). In 2020, Sun Art Retail's sales revenue was 95.486 billion yuan, a year-on-year increase of 0.1%. Revenue from goods sold was 91.984 billion yuan, an increase of 705 million yuan from 91.279 billion yuan in the same period last year, an increase of 0.8%. Same-store sales growth (calculated on goods sales excluding home appliances) was 1.0%. On February 20, 2020, Sun Art Retail released its 2019 annual report showing total sales revenue of 101.868 billion yuan, a year-on-year increase of 0.5%.

赵小米
Capital, Earnings & M&A

Dingdong Maicai's Puzzling Expansion

The profitability of the online grocery business is on the agenda. Even as the Spring Festival approaches, Dingdong Maicai's ground promotion team is still visible everywhere in Beijing. In the spring of 2020, after the first phase of the pandemic, Dingdong Maicai set a plan to open 200 front warehouses in Beijing.

赵小米