Retail Formats
Why Are People No Longer Keen on Supermarket Shopping? The Decline and Way Out for Supermarkets and Department Stores
Previously, cities like Beijing, Shanghai, Shenzhen, and Hangzhou have successively allowed street vending and outdoor seating, with many cities actively exploring commercial outdoor display models. This has diverted some customer traffic from department stores and supermarkets, as people now have more novel and free options for leisure and consumption. In this market landscape, traditional supermarkets and department stores face numerous challenges, and they are exploring transformations such as digitalization, membership warehouse stores, and community-oriented shopping centers to adapt and survive.
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