Retail Formats
Eight Years of New Retail, the Winner Turns Out to Be Sam's Club
In the midst of the new retail craze, Chen Zhiyu chose to go against the tide, leaving Alibaba to join Walmart China and lead Sam's Club's e-commerce. Eight years later, while new retail players like Hema retreat, Sam's Club has emerged as the victor by focusing on membership, quality products, and a successful e-commerce strategy.
董洁