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Deep Dive into Warehouse Club Models: The Competitive Cards of Costco, Sam's Club, Fudi, and Others
Membership stores and discount stores have become two mainstream formats in retail transformation in recent years. The hot track naturally attracts new developments: ALDI recently opened its largest store in China in Jinshan, Shanghai, while Fudi, a warehouse club with internet celebrity appeal, announced its expansion from Beijing to Shanghai and a nationwide layout. The membership store model has become a new growth point in China's new retail market, with not only established players like Costco and Sam's Club but also cross-industry entrants such as M Membership Store (backed by Sun Art Retail), East Buy, and Lai Yifen joining the fray.
乾行Lianhua Supermarket's Self-Initiated Renovation: Can It Transform After 10 Years of Losses?
Pangdonglai, which started in a fourth-tier city, has sparked a 'rural surrounds the city' renovation trend in retail, where its business philosophy is subtly integrated into retail enterprises in first-tier and even super first-tier cities through 'assisted renovation' or 'self-initiated renovation'. On September 5, Lianhua Supermarket's Shanghai Huinan store officially reopened after a half-month self-initiated renovation. Our reporter's visit found that this community store is full of 'Pangdonglai flavor', such as 'direct sourcing from origin', 'silver-haired service station', and 'internet-famous mooncakes'.
乾行Carrefour China's Darkest Hour
As 3·15 approaches, Carrefour has repeatedly stumbled on food safety issues. Recently, a Beijing branch was fined 50,000 yuan for selling mooncakes containing foreign objects. In fact, Beijing Carrefour Commercial Co., Ltd. has multiple administrative penalty records for food safety issues, with total fines exceeding one million yuan. Looking at Carrefour China's performance over the past three years, its offline business can be described as 'bleak.' Even though Carrefour attempted to change its continuous losses through a membership store model in October 2021, the overall situation has not improved significantly.
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