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Articles by 崔大白
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The Nut War Is Over: Is Three Squirrels Destined to Lose to Qiaqia?
As the Chinese New Year approaches, snack and nut companies like Three Squirrels, Bestore, and Qiaqia Foods are pushing for sales. However, Three Squirrels faces challenges: its stock price has halved since mid-2020, major shareholders are reducing stakes, and its profitability lags behind traditional player Qiaqia, which has shown more sustainable growth through offline channels and self-manufacturing.
崔大白Why Yonghui Superstores Can't Become China's Walmart
Many hope China can have its own Walmart, especially shareholders of Yonghui Superstores. However, due to factors like population density, complex retail environment, high land costs, and brand building time, it's difficult for China to produce a super retail brand, and Yonghui is unlikely to become a small Walmart. Perhaps China doesn't need a Walmart, as diverse competition may be acceptable.
崔大白