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China Moves to Shore Up Struggling Brick-and-Mortar Retailers
New guidelines urge stores to expand private labels, transform business models and counter unfair competition from e-commerce platforms
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caixinglobal.com
China Moves to Shore Up Struggling Brick-and-Mortar Retailers
New guidelines urge stores to expand private labels, transform business models and counter unfair competition from e-commerce platforms
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scmp.com
China unveils retail road map: 5 years to shield physical stores from e-commerce
Beijing’s new 2030 retail road map targets price parity and social experiences to combat ‘trading down’ as retail growth hits weakest pace since pandemic.