“Walmart is declining in China but Sam’s club is growing and becoming unexpectedly successful in recent years. Apparently they locate their store well in the cities with merging middle classes. They are currently changing their strategies and focus in China now apparently. Surprisingly Sam’s club do have a brand power these days in China. Chinese consumers are seriously looking for products labelled as Sam’s club substitutes or from the same suppliers online and in other stores.”
十日十人遇 via Apple Podcasts ·
United States of America ·
02/18/24