Many of us in the retail industry today have forgotten to be humble. Even if a small grocery store can survive, it must
Posted: Thu Dec 12, 2024 4:53 am
Many of us in the retail industry today have forgotten to be humble. Even if a small grocery store can survive, it must have its strengths. They are often more flexible than large chains. For example, if a customer asks if a certain beverage is available today, the store can go to the wholesale market to purchase it the next day. Can chain stores do this?
So every business model that survives has value, just like dinosaurs became extinct, but many small animals survived because they were able to adapt to changes.
Inspur New Consumption: Among foreign-funded convenience stores, list of kenya whatsapp phone numbers fell out of the top ten in terms of scale in 2023, and Lawson ranked fifth. What do you think about the differentiation in competitiveness of foreign-funded convenience stores in the Chinese market?
Zhang Sheng: Every company has its own unique features and cannot be generalized. For example, strategic and shareholder issues may affect the company's development. But in addition to this, should foreign convenience stores reflect on why some local companies like Meiyajia can develop rapidly?
Inspur New Consumption: In April this year, Meiyajia had more than 35,000 stores nationwide. Compared with Japanese convenience stores, how different a path might it take? What else should it pay attention to in order to develop better in the future?
Zhang Sheng: There is no comparability between Meiyajia and Japanese-owned convenience stores in terms of model, nor in terms of business thinking, so the two are actually two different species. The best situation is that no one imitates the other.
As for how far Meiyajia can go in the future, on the one hand it depends on market changes and its ability to respond; on the other hand it also depends on whether the franchisees can make money. As long as the franchisees can make money, they will naturally join you.
So every business model that survives has value, just like dinosaurs became extinct, but many small animals survived because they were able to adapt to changes.
Inspur New Consumption: Among foreign-funded convenience stores, list of kenya whatsapp phone numbers fell out of the top ten in terms of scale in 2023, and Lawson ranked fifth. What do you think about the differentiation in competitiveness of foreign-funded convenience stores in the Chinese market?
Zhang Sheng: Every company has its own unique features and cannot be generalized. For example, strategic and shareholder issues may affect the company's development. But in addition to this, should foreign convenience stores reflect on why some local companies like Meiyajia can develop rapidly?
Inspur New Consumption: In April this year, Meiyajia had more than 35,000 stores nationwide. Compared with Japanese convenience stores, how different a path might it take? What else should it pay attention to in order to develop better in the future?
Zhang Sheng: There is no comparability between Meiyajia and Japanese-owned convenience stores in terms of model, nor in terms of business thinking, so the two are actually two different species. The best situation is that no one imitates the other.
As for how far Meiyajia can go in the future, on the one hand it depends on market changes and its ability to respond; on the other hand it also depends on whether the franchisees can make money. As long as the franchisees can make money, they will naturally join you.