As China slowed down after the COVID-19 pandemic, this modest supermarket chain from Henan seems to have found the magic formula to encourage Chinese consumers to shop. Pangdonglai is so successful that it has become a national tourist attraction.
As China slowed down after the COVID-19 pandemic, this modest supermarket chain from Henan seems to have found the magic formula to encourage Chinese consumers to shop. Pangdonglai is so successful that it has become a national tourist attraction.
As Carrefour gets ready to sell a majority of its operations in China, lessons can be learned from the history of the French retail giant’s choices over the years.