Success of Costco in China: the business strategies behind the expansion of the US retail giant
Costco’s adventure in China in August 2019, when its first physical store opened in Shanghai. The opening weekend marked a hive of activity – there were three-hour waits for parking spaces and thirty-minute queues at the checkouts. It caused local authorities to shut the store down for a few hours to ease the traffic congestion […]
Walmart in China: Market entry case study
Walmart was founded in the United States by Sam Walton. It has now grown to be the largest retailer in the world with over 11,200 stores across 27 countries. Walmart entered China in 1996 with its first location in Shenzhen. By adapting its’ business model to cultural differences and sourcing locally, Walmart China was able to […]
Supermarkets and Hypermarkets in China: A revolution yet to come
Supermarkets in China are becoming more and more prevalent. A supermarket is a large form of the traditional grocery store: a self-service shop offering a wide variety of food and household products, organized into aisles. A hypermarket, on the other hand, differs slightly in that it is a superstore combining a supermarket and a department […]
ALDI opened its first two stores in Shanghai: highlight of China’s grocery retail market | Daxue Consulting
On 7 June, German discount retailer ALDI opened its first two pilot grocery stores in China. The Shanghai debut has caused huge responses among consumers, both online and offline. In order to have a sight of the first brick-and-mortar ALDI store in China, hundreds of Chinese people were waiting outside of the stores before the […]
Food Retail Industry in China: How E-Retailing is changing food and grocery market in China
To know more about the Food Retail Industry in China, contact us at dx@daxueconsulting.com Digitalization of the Chinese retail industry The food retail industry in China has been experiencing steady growth in the last couple of years. With factors such as a rising population and an increase of middle-class purchasing power, the growth of the […]
Hypermarket & Supermarket Industry in China: Following the Digital Era
How does Supermarkets and Hypermarkets in China Survive in the Digital Era? Since Alibaba’s sales miracles and rapid expansion, all the market players tend to be associated with The Internet in a digital era, including supermarkets. Only when supermarkets and hypermarkets come up with adapted business pattern can they survive in the fierce competition in […]