6,700 shopping malls in China; not all of them will survive
Total retail sales grew 3.7% in 2025, trailing both GDP growth and household income growth for the second year running. Nearly 60% of the country’s top 100 retail chains saw store counts stagnate or shrink. New openings of shopping malls in China fell to a 13-year low in 2025, down 24% from the year before. […]
Chinese New Retail giants are going global and social | Daxue Consulting
Chinese new retail Alibaba, JD and Tencent are well-known Chinese tech giants. They’re also Chinese New Retail giants What is New Retail? It’s a consumer-centric, data-driven approach that merges online and offline interactions as well as elements of traditional retail, social media and entertainment in the shopping experience. It not only improves shopping for customers […]