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Articles by 渔火

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Retail Formats

Sam's Club in China: Just These Moves

In 1996, Sam's Club opened its first store in Asia in Shenzhen, China, marking its official entry into the Chinese market. Thirty years later, as of the opening of its fourth store in Wuhan in May, Sam's Club has 56 stores in China, with 40% in East China and a dense network in Shanghai, achieving high membership penetration in affluent counties.

渔火
Industry Trends

Second-Generation Succession: Lifeline or Death Knell?

As the second generation takes over leading Chinese food and beverage companies, a wave of turmoil has erupted—from Zong Fuli's turbulent reign at Wahaha to the Wan brothers' feud at Shuanghui, and from Dali's Xu Yangyang's aggressive reforms to Jinmailang's management exodus. This article examines the systemic challenges and strategic dilemmas facing these heirs, highlighting the clash between traditional channel-centric business models and the new generation's focus on digital traffic and innovation.

渔火