In need of fresh ideas
China's big-box grocery needs to think fresh and fun to turn-around performanceMonday 27 April 2015
China's largest food retailers (supermarkets and hypermarkets) have suffered a torrid 18 months and will need to transform their offering in order to recover from declining growth, according to a new report from OC&C Strategy Consultants Greater China.
In Need of Fresh Ideas reveal that nearly all of the major players among China's "big-box" grocers, including SunArt, CRV, Carrefour, Walmart and Wumart, have experienced near consistent negative growth since 2010. During this period, any ongoing growth has been supported almost entirely by new store openings.Read publication
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Fleet of foot
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