Retail Formats
Foreign Retail Giants' Failed Gold Rush in China: Once Easy Money, but Chinese Rivals Prove Too Tough?
This article examines why foreign retail giants like Carrefour and Walmart, which once dominated China's market, have retreated or struggled, attributing their decline to supply chain inefficiencies and the rise of agile local competitors like Dazhong and Yonghui, as well as the shift to e-commerce.
蒋培宇