Memories of Wal-Mart Store

Even after the first store of Wal-Mart, a supermarket giant, closed in China, people are worried about the future of large supermarkets. Now some member stores are developing very well, which makes supermarkets find some business opportunities. With the rise of small and medium-sized shops and online stores, many consumers like to spend money nearby. The more convenient shopping is, the more acceptable it is to consumers. Only by breaking the inherent mode can large supermarkets have the hope of development.

First,? Wal-Mart's first store in China will close down, and many supermarkets have encountered serious problems. The first Wal-Mart stores in Luohu and Honghu in China will close their business in China. The closure of this old shop that has been with Shenzhen people for 20 years has deeply saddened the local people. Business in offline stores is very difficult now. In the past six years, Wal-Mart has closed more than 80 stores in China. Not only Wal-Mart has encountered some problems, but also many large supermarkets, such as Carrefour being acquired by Suning and Metro being acquired by Wumart.

Second, local supermarkets have not escaped the fate of being eliminated. What is the future prospect of the supermarket? Not only foreign supermarkets are gradually eliminated, but also local supermarket brands are facing such problems. Renren Le and Yonghui Supermarket have had negative operating profit for several consecutive quarters. However, as a supermarket giant, Wal-Mart closed its stores on a large scale, but its overall business in China is not bad. In particular, Sam member stores have a good momentum of development in China market.

Third,? Whether the rise of membership stores can save Shang Chao is still unknown. The development of member stores has made many Shang Chao find considerable prospects. Especially in Sam, member stores with payment mechanisms such as box horses provide consumers with high-quality goods, which is the biggest difference between paying members, e-commerce and traditional Shang Chao. However, member stores need to be built in commercial cities with spending power, which are relatively small and small. However, Sam member stores/KLOC-only opened more than 20 in China in 0/5, and the competition of such brand stores will be more intense in the future.

Summary With the competitive pressure and the decrease of high-quality goods, traditional supermarkets need to change their original business model, and member stores are also a development model. Many traditional supermarkets are facing the pressure of reducing the price and variety of high-quality suppliers, and the road ahead is even more difficult. Nowadays, small supermarkets are developing rapidly, and there are small supermarkets in all communities. You don't have to drive to big supermarkets, you can shop downstairs, which makes the development of Shang Chao more and more difficult.