Articles by 任慧媛

Convenience Store Expansion Wave: Hot, But the Water Runs Deeper

Convenience stores are expanding rapidly in China, with major players like FamilyMart, Lawson, Alibaba, and JD.com all racing to open thousands of stores. However, this boom may be more hype than substance, as profitability remains elusive for many, and the industry faces challenges such as high costs and a lack of true innovation.