Famous Supermarket Suddenly Shuts Down, Foreign-Owned Supermarkets Continuously Withdraw From China - Video

Another resident visited several Biyide supermarkets and shared insights into why it might be exiting the Chinese market. According to him, Biyide, a German budget supermarket, has been operating in China for many years and was previously well-regarded for its quality and business. They recalled their personal shopping experiences at Biyide, highlighting the pleasant store layout and overall positive consumer experience. The sudden closure, they speculated, could be due to two reasons: either Biyide is planning to leave the Chinese market, or it's struggling in the highly competitive supermarket sector, especially as a low-profile brand without strong marketing efforts.
#chinaeconomy #chinaobserver
All rights reserved.