Latest news and articles about Fengmao
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Fengmao, a once-fast-growing Chinese skewer chain, has seen multiple store closures since December 2025 and employee reports of months-long unpaid wages in early 2026 after a controversial 2022 rebrand. The move from late-night street skewers to a pricier “meal-grade” positioning misaligned with consumer demand and regional tastes, exposing weaknesses in its standardized expansion model.