Discount Retail Chain Lidl Global CEO Kenneth McGrath recently made his first strategic trip to China, meeting with Wumart Group (Wumei) to explore opportunities in retail innovation. When contacted by DRC China for verification, Wumei stated that this was merely an industry exchange visit and that there are currently no formal cooperation or operational plans in place. With competition in China's hard discount sector heating up, is Lidl’s visit at this precise moment a simpl

On August 28, 2026, Discount Retail Consulting GmbH (DRC) took center stage alongside industry leaders in Shanghai at an exclusive, closed-door CEO Advisory Session (中国大消费CEO闭门私董会). Organized by the China Consumer CXO Innovation Center, the event brought together over 100 top retail decision-makers, consumer brand founders, and channel leaders to address one of the most critical challenges in modern retail: How to Efficiently Build Billion-Yuan Hero Products and Dominate Key

Interview magazine Semana with discount retail chain Tiendas D1 president Christian Bäbler (C.B.) How did Tiendas D1 do in 2024?...