# China retail

Latest news and articles about China retail

Total: 7 articles found

A beachfront view of modern buildings in the Gold Coast, showcasing urban architecture against a clear sky.
Business

After an Epic Sell‑Off, Gold Rockets Back Above $5,000 — Time to Buy or Run for the Exits?

After an extraordinary two‑day sell‑off that pushed spot gold below $4,500, international prices rebounded sharply and reclaimed the $5,000/oz mark by Feb 4. The swings were driven by a blend of speculative liquidation, margin‑related forced selling, shifts in US policy expectations and changes in dollar and Treasury yields, while Chinese retail demand showed both frantic selling and buying.

SoBiz2026年2月4日 14:20
#gold#spot gold#volatility
An elderly man selling various hats at an outdoor market stall, showcasing traditional merchandise.
Business

Sun Art Parent’s CEO Disappears Two Months Into Role; Police Involvement Sparks Governance Concerns

GaoXin Retail, parent of Sun Art (大润发), announced it cannot contact CEO Li Weiping, who assumed the role two months ago. Media accounts say he was taken by police to assist an investigation; the company says operations are normal and the chairman will temporarily run daily management.

SoBiz2026年2月4日 07:50
#GaoXin Retail#Sun Art#Li Weiping
Elegant airport lounge with beige leather seats and orchid decor, offering comfort and luxury food service.
Business

China’s “Gilded” Snacks: Why Mall‑Boutique Nuts Have Triggered a Consumer Backlash

High‑end Chinese snack brands have moved traditional roasted seeds and nuts from street stalls into glossy mall stores, prompting sticker‑shock and online backlash as prices climb into the hundreds of yuan per jin. The premium push is driven by mall costs, higher‑grade raw materials and craft processes, but it collides with entrenched consumer expectations and a category that lacks coffee‑style habitual demand.

SoBiz2026年2月4日 02:00
#snacks#premiumisation#Xueji
A well-stocked convenience store counter with snacks, drinks, and a refrigerator showcasing beverages.
Business

Mall‑based Nut Brands Turn Everyday Seeds into a Luxury Purchase — and a Consumer Flashpoint

Two mall‑focused Chinese nut chains have turned ordinary roasted seeds into high‑priced, boutique products, prompting social‑media backlash as consumers discover hefty price tags and uneven claims of same‑day roasting. The strategy — premium positioning through mall locations, sensory retailing and influencer seeding — has driven rapid expansion but now faces slowing store openings and scrutiny over whether the premium is justified.

SoBiz2026年2月2日 04:40
#China retail#snacks#Xueji
Colorful snack packages neatly displayed in a supermarket aisle showcasing Asian food variety.
Business

From 40 m² Shop to HK$86bn IPO: How Two '85ers Turned Cut‑Price Snacks into China's Biggest Retail Bet

Two entrepreneurs from modest backgrounds built MingMing Busy into China's largest snack retail chain by combining ultra‑low prices, direct sourcing and rapid expansion into lower‑tier markets. The group's HK IPO valued it at about HK$86.2bn, rewarding scale but leaving open questions about single‑store profitability, brand trust and the sustainability of its low‑margin model.

SoBiz2026年1月30日 04:50
#MingMing Busy#snack retail#China retail
Colorful soda cans including Fanta, Pepsi, and Coca-Cola arranged on supermarket shelves, price tags visible.
Business

Yonghui’s Painful Reinvention: Heavy Losses as China’s Supermarket Trims for a New Retail Era

Yonghui Superstores reported a large projected net loss for 2025 as it shuts and refits hundreds of outlets while pivoting from expansion to ‘quality growth’. One-off writedowns, closure costs and investments have driven five consecutive years of losses, while early signs from remodelled stores are promising but not yet material enough to offset the short-term pain.

SoBiz2026年1月23日 04:40
#Yonghui#China retail#store remodelling
Close-up view of multiple US hundred dollar bills showcasing Benjamin Franklin.
Business

Gold at $4,700: A Repricing of Risk or a Dangerous Stretch?

Gold’s rally above $4,700 reflects a market re-pricing of institutional credibility and geopolitical risk more than simple inflation hedging. While major wealth managers and ETFs are increasing allocations, analysts warn the rally could reverse if policy independence is restored or tensions subside.

SoBiz2026年1月21日 07:20
#gold#Federal Reserve#geopolitics