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Walmart Opening New Sam's Clubs in Beijing Eight Bidders in Running For

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Walmart Opening New Sam's Clubs in Beijing Eight Bidders in Running For Eight bidders in running for Walmart opening new Sam’s Clubs in Beijing Metro China On May 28, Walmart announced that it is opening eight Sam’s Clubs in Beijing. Three have already opened. The openings are part of Walmart’s plan to expand Sam’s Club to 40 locations by 2020. Sam’s Club is Walmart’s membership club At least eight suitors are preparing second- model retail brand. The three open Sam’s Clubs in Beijing are in the Yizhuang, round bids to buy a majority stake in German Shijingshan, and Shunyi districts. A fourth club currently under construction is wholesaler Metro AG’s Chinese operations, expected to open in the Daxing district in 2023. The remaining four clubs will be in according to Reuters. The deal could value the Chaoyang, Haidian, Tongzhou, and Changping districts. Sam’s Club offers one Metro’s China business at USD1.5 billion to -hour delivery in Beijing. USD2 billion, Reuters previously reported. Interest in Metro comes as a maturing eCommerce market and big data capabilities transform China’s traditional wholesale and retail sectors, with such major technology players as CR Vanguard enters ELEME platform Alibaba Group Holding aggressively expanding offline. The competition between Alibaba and Tencent has forced big offline retail Teaming up with such a wholesaler could bring companies to choose between the two retailers over the past few years. China synergies to the business-focused strategies Resources (CR) Vanguard is one of the few large retailers without a clear choice. that some eCommerce firms are pursuing, On May 24, more than 2,000 CR Vanguard stores entered the Ele.me platform. according to sources. Moreover, Metro boasts However, more than 1,000 CR Vanguard-owned stores have already joined an attractive overseas supply chain that offers premium imported products that its rivals do not Tencent’s Meituan and JingDongDaoJia platforms. In addition, Suguo, a CR have access to, the sources said. Vanguard supermarket subsidiary, has successfully cooperated with Ele.me Koubei in operational testing and become the fastest-growing supermarket brand in average monthly sales on the platform. Therefore, CR Vanguard and Ele.me decided to work together. In the future, CR Vanguard may set aside some areas for warehousing. Yonghui opens first 2,000-square-meter Super Species store in Shanghai Yonghui has opened its first 2,000-square-meter Super Species store in Shanghai. The new store is comparatively larger than the typical 1,000-square-meter store. Yonghui, a strong offline supply chain, has been relatively slow to develop its new retail sales compared with other Internet platforms. The launch of the new store type shows that Super Species is undergoing a new round of adjustments. In addition to the bigger store size and more specific positioning, the new store integrates a satellite warehouse for home delivery for the first time. According to the Beijing Business Daily, a 400-square-meter home satellite warehouse is next door to the BFC store. The warehouse shares commodity resources with the store. About 4,000 items can be ordered online and delivered in 30 minutes within a 3 kilometer radius. RETAIL NEWSLETTER Volume 234 / May 31, 2019 Macalline: Signing a Strategic Cooperation Agreement with Alibaba Macalline and Alibaba (China) Network Technology Co., Ltd. signed a strategic cooperation agreement on May 24. They will carry out strategic cooperation in the construction of new retail stores, e-commerce platform, logistics warehousing and installation service provider system, consumer finance and payment system. Through the strategic cooperation, Macalline can introduce Alibaba's advanced management concept and technical support in the new retail field into the main business of the company's furniture, building materials and home shopping malls, improve operational efficiency, and further promote the online and offline business integration of the industry. Pinduoduo, Galanz sign innovation pact On May 28, Pinduoduo and home appliance brand Galanz established a long-term strategic partnership to develop new categories and products. Liang Zhaoxian, Galanz Group chairman and president, said that achieving true innovation and meeting consumer needs will require integrating the Internet and manufacturing. Pinduoduo co-founder Dada said that home appliance brands are changing all the time. The main battlefield for traditional eCommerce home appliances is in the first- and second-tier cities, and the sinking market is limited. In the past, brands have been sinking with traditional supermarket and franchise stores. As the consumption power of residents in third-tier cities and below increases, brand-based businesses are paying more attention to sinking users. The two sides will focus on three to five years of development and continue to invest in product innovation. Fruit flavors become local innovation for China market Many food and beverage giants that have accelerated their product innovation in China are starting to develop new flavors for the local Chinese market. Nestlé’s Fruit Extract series instant coffee comes in three flavors: peach, coconut pineapple, and green apple. Available mainly in the summer, the coffee can be brewed with ice water. The target group is young Chinese consumers who like fresh tastes. This is a localized innovation of Nestlé in China. The cooperative developer is Tmall Innovation Center. Flower and fruit flavored Mars Rainbow Sugar is the first localized flavor of Rainbow Sugar in China. The product’s flower tea flavor, pink packaging, and other elements indicate that its target audience is young women. “Flower flavor is a rising new taste in the world,” said Liu Shiliang, deputy director of Rainbow Sugar marketing. “Chinese like tea, and tea drinks are becoming more and more popular in China. Global trends and Chinese consumer insights, combined with some big data, help us to develop these new flavors.” Mengniu and Yili speed up the construction of factories On May 28, Mengniu held a ceremony for the beginning of the construction of a dairy beverage factory in Jiaozuo, Henan Province. It is a liquid dairy factory with intelligent, automated and informative features, and will become the largest dairy production and processing factory of Mengniu Group. On May 29, Yili Group decided to continue to invest 2 billion RMB in the construction of a liquid milk production factory in Lindian County, Daqing City, which will become the largest liquid milk production factory in Northeast China. Earlier in January, Yili also invested 2.1 billion RMB in Wuwei City, Gansu Province, to build a production factory that can provide 1800 tons of liquid milk per day. Production factory and milk source construction have always been the most important part of the supply chain of dairy enterprises. For decades, Yili and Mengniu have been laying out their milk source bases and factories nationwide. Kantar Consulting is a global specialist growth consultancy with Scan the QR Code to over 1,000 analysts, thought leaders, software developers and follow us on WeChat expert consultants. We help our clients develop and execute brand, marketing, retail, sales and shopper strategies to deliver growth. Subscribe the Newsletter by sending request to: We track 1200 retailers globally, have purchase data on over 200 [email protected] million shoppers and forecast social, cultural and consumer trends across the world. .
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