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Articles by 孟繁中
Browse 2 New Distribution articles by 孟繁中.
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First- and Second-Tier Brands, It's Time to Wake Up!
At the 7th China FMCG Conference main forum in Shanghai on August 19, Mr. Meng Fanzhong, Chairman of Beiyoute Commercial Group, delivered a keynote speech titled 'First- and Second-Tier Brands, It's Time to Wake Up!' From a retailer's perspective, he analyzed China's current retail environment, the plight of supermarkets, and the role of brands, urging brands to rethink their cooperation with supermarkets.
孟繁中Beiyoute Chairman Meng Fanzhong: Moving Away from Consumers Is the Root Cause of the Decline of Chinese Supermarket Chains
At the 6th China FMCG Conference held by New Distribution on August 20, 2024, Beiyoute Commercial Group Chairman Meng Fanzhong delivered a keynote speech titled 'Lost and Found: Return to the Essence,' arguing that the fundamental reason for the decline of large supermarket chains is their deviation from the core business of providing value to consumers. He emphasized that supermarkets must offer competitive prices and a full range of products to remain relevant, and he proposed a new supply chain model involving large distributors to reduce costs and improve efficiency.
孟繁中