Articles by 赵海生 郭凯

Multi-Force Siege on Large Chain Supermarkets

Under the impact of the pandemic and the叠加冲击 of various new retail formats, large chain supermarkets have been retreating. The retreat follows a pattern: first foreign supermarkets, then non-local ones, and finally local ones. Local player Yonghui lost 2.178 billion yuan in the first three quarters of 2021, a 207% increase, while Suning lost 7.568 billion yuan, up 1483.29%.