Articles by 老中

Snack Stores Crossover into Convenience Stores and Wholesale Supermarkets: Whose Revolution Is This?

If October 2023 is taken as the dividing line, the snack industry before that could be described as 'heroes rising together, vying for dominance.' With Wanchen Group integrating Haoxianglai, Laiyoupin, Adiadi, and Luxiaochuan into the Haoxianglai brand, followed by the strategic merger of Snacks Busy and Zhao Yiming, the snack track has formed a pattern where two leading brands lead and multiple strong players follow. According to statistics, there are over 110 bulk snack brands nationwide, turning what was a blue ocean two years ago into a red ocean, especially in lower-tier markets such as cities, counties, and townships, where competition is fierce. A...