A wave of supermarket closures has swept across China in recent years,with community grocery stores and large chains equally affected.One much-discussed example is Yonghui Superstores.According to the China Chain Stor...A wave of supermarket closures has swept across China in recent years,with community grocery stores and large chains equally affected.One much-discussed example is Yonghui Superstores.According to the China Chain Store and Franchise Association,Yonghui Superstores ranked fourth in sales among Chinese supermarkets last year,but the company's 2025 mid-year report reveals it closed 277 loss-making outlets in the first half of this year.Many pundits are now examining the cause of these closures and conjecturing on their inevitability.Yang Yeying(Dazhong Daily):The notion of“supermarket”has existed in Chinese households for only roughly four decades and now the once-booming Supermarket Age appears to be in decline.Two main factors account for this shift:First,lease expirations.展开更多
文摘A wave of supermarket closures has swept across China in recent years,with community grocery stores and large chains equally affected.One much-discussed example is Yonghui Superstores.According to the China Chain Store and Franchise Association,Yonghui Superstores ranked fourth in sales among Chinese supermarkets last year,but the company's 2025 mid-year report reveals it closed 277 loss-making outlets in the first half of this year.Many pundits are now examining the cause of these closures and conjecturing on their inevitability.Yang Yeying(Dazhong Daily):The notion of“supermarket”has existed in Chinese households for only roughly four decades and now the once-booming Supermarket Age appears to be in decline.Two main factors account for this shift:First,lease expirations.
