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Alibaba Retail Link GM Lin Xiaohai: The Most Valuable Asset of a Small Store is Its Location
At the 2018 Double 11 'Look at China' high-end thought forum, Alibaba VP and Retail Link GM Lin Xiaohai delivered a speech on digital transformation of channels and stores. He emphasized that small neighborhood stores, numbering over 6 million nationwide, are here to stay but must evolve. Retail Link aims to digitize the entire distribution chain, empowering these stores with data-driven product selection, supply chain efficiency, and smart store upgrades, ultimately making them more profitable and competitive.
乔芊After Being Acquired by Haoxiangni, Snack E-commerce Brand 'Baicaowei' Firmly Returns Offline
Baicaowei, a leading snack e-commerce brand, is returning to offline retail after seven years, with plans to expand in supermarkets and launch a 'one city, one store' initiative. The move follows its acquisition by Haoxiangni, which provided financial relief and channel integration, while the company also faces pressure from a profit guarantee agreement.
乔芊