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Articles by 江月
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Hema Sets Aside Its 'Obsession' with New Retail
Nine years after its founding, Hema has achieved full-year profitability for the first time in a complete fiscal year (April 2024 to March 2025). Notably, this profitable fiscal year coincides with the first full year under new CEO Yan Xiaolei, who has initiated a series of business adjustments and strategic focus, including plans to open 100 new Hema Fresh stores and transition its X membership stores to an online model.
江月The 'Renaissance' of Community Small Supermarkets
Community small supermarkets are experiencing a 'renaissance.' In Shanghai, Aldi and Hema NB are competing for community retail with small-store formats, while in Zhengzhou, discount chain stores like Zhekou Niu, Duoledun, and Yicangyiku are engaged in fierce 'alley battles.' Traditional supermarkets are also accelerating their small-store layouts, such as Zhongbai Group's reopening of 12 community supermarkets in September 2024.
江月