The retail industry is undergoing a moment of "qualitative change" in China. Retailers such as Costco, Pinduoduo, Aldi, Pangdonglai and Ling shi Hen Mang (Snacks Busy) have risen rapidly through aggressive price advantages, carving up the market share of traditional supermarkets and even traditional e-commerce. As a result, declining performance, store closures, and bankruptcies have become the "new normal" in the retail track. In recent years, Snacks Busy opened 2,000 stores

Costco has been on a good run lately. The beloved big-box club chain has been winning new fans for its no-nonsense stand on continuing...

Product discount campaigns are emerging and showing promising development trends, becoming one of the hottest topics in the retail sector...

Discount Retail Chain Aldi USA once again crushed the competition in terms of monthly foot traffic growth. The bigger the store, the...

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