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Articles by 孙园

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Capital, Earnings & M&A

Carrefour's Tang Jianian: Seven Years in China, a Story of Success and Failure

This article reviews the seven-year tenure of Thierry Garnier as head of Carrefour China, detailing his achievements and the challenges that led to Carrefour's decline in China. It examines the factors behind Carrefour's exit from the Chinese market and what Garnier's departure signifies for his career.

孙园
Retail Formats

China Cannot Create a Second Costco

The closer one gets to social interaction, the further one moves from the membership model under Costco's paradigm. This is not necessarily a bad thing, but the overlap between social and consumption scenarios remains limited.

孙园
E-commerce & Instant Retail

Is Community Group Buying a Good Business?

Community group buying has attracted significant capital and entrepreneurs due to its low fulfillment costs and high replicability, but it faces challenges in category expansion, competitiveness, and social trust. Its opportunities lie in non-standard products, lower-tier markets, and supply chain integration, particularly through convenience store partnerships.

孙园