Retail Formats
Hou Yi's Personal Account: Reflections on Hema
Hema's new retail has been running for over three years, and today I share some insights. In the past year, many online articles claimed that Hou Yi led everyone into a pit, so my topic today is 'The Battle to Fill the Pit in 2019'. Last year, many startups tried new retail and then withdrew. Even a top physical retailer's Hema-like concept has fully exited Shanghai. Many internet and startup companies have tried various 'Hema-like' models, and basically all have left the market. Including...
侯毅