Shanghai & Beijing Are All Doomed?Physical Stores & Large Supermarkets Are Closing One After Another
The wave of closures is not only affecting small brick-and-mortar stores. Recently, a number of large, established supermarkets in Beijing, Shenzhen, Suzhou, Fuzhou, and other cities have not been spared.
In the wave of supermarket closures in mainland China, Carrefour is also included. Carrefour China has been gradually closing stores over the past one to two years. On June 10th, the first Carrefour store in Shenzhen and the second in China ceased operation. This 27-year-old store located in the Nantou area of Nanshan has been a mainstay.
In addition to the bleak business of offline physical stores, China’s online consumption has also declined significantly.
#chinaeconomy #shanghai #beijing #chinaobserver
All rights reserved.
1 view
15
2
5 months ago 00:03:40 1
Jay-Jay Johanson - She Doesn’t Live Here Anymore
5 months ago 00:05:44 1
[EN] MiniDrivers - F1 - 2024 Chinese GP
5 months ago 00:00:00 1
上海VS浙江|CBA直播季后赛1/4决赛G4||CBA PlayoffsQuarterFinalG4|CBALIVE高清 (1080p) Shanghai VS Zhejiang
5 months ago 00:06:36 1
THE CAMERA ROLL | Stake F1 Team KICK Sauber | Behind the Scenes at the Chinese GP 🇨🇳
5 months ago 00:01:35 1
China prepares to give US$140 million parliament building to Zimbabwe
5 months ago 00:27:04 1
Experience China’s Pyramid Apartments, Inside Like a Massive Maze.
5 months ago 00:00:27 1
How much do you know us? #sandwichpanels #coldroom #factory #construction #buildingmaterials
5 months ago 01:33:23 1
¿Porqué Israel no podrá derrotar a Hamas? Geopolitica
5 months ago 00:01:39 1
Pascual & Illes (ESP) vs Brinch & Sorensen (DEN) | 2023 WDSF GrandSlam Latin Shanghai Pasodoble
5 months ago 00:17:54 1
pov: you’re a 26 year old online entrepreneur doing business in China
5 months ago 00:02:55 1
【4K】2020 Newest Shanghai sunrise(drone timelapse)
5 months ago 00:07:06 1
Blinken lands in Shanghai ahead of tough talks with China