Discount Retail became in 2025 a buzzword in China, with the concept of "discount" evolving beyond a mere consumer strategy of "buying more for less." It represented a significant strategic transformation for the entire industry. Reflecting on this, the global discount retail sector experienced an unprecedented upheaval, beginning with Aldi China with digital presence in 2017 and physical stores in 2019. Subsequently, the top three Chinese tech giants, JD.com and Meituan, ope
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