# Retail

Latest news and articles about Retail

Total: 6 articles found

Close-up of a vibrant green Dodge Challenger RT emblem, showcasing retro design and dynamic style.
Business

The Architect of Modern Chinese Retail: Remembering Ruentex’s Yin Yen-liang

Yin Yen-liang, the founder of RT-Mart and a major benefactor of Peking University, has died at 76, leaving behind a legacy that spans from revolutionary retail expansions to the institutionalization of business education in China. His career was defined by the successful sale of his retail empire to Alibaba and the creation of the Tang Prize, an international award for academic and scientific excellence.

SoBiz2026年5月26日 11:39
#Yin Yen-liang#Ruentex Group#RT-Mart
A close-up of a 7-Eleven store sign in a city environment, outdoors.
Business

The God of Retail: Toshifumi Suzuki’s Global 7-Eleven Empire Outlives Its Architect

Toshifumi Suzuki, the visionary who brought 7-Eleven to Japan and eventually took over its global operations, has died at 93. His innovations in logistics and fresh-food retail transformed the convenience store into a vital social infrastructure, leaving behind a legacy that now faces unprecedented acquisition pressure from foreign competitors.

SoBiz2026年5月25日 09:38
#7-Eleven#Toshifumi Suzuki#Retail
Two women in traditional Hanfu attire in Nanjing, China, capturing vibrant cultural heritage.
Business

Youngor’s Generational Shift: Can the New Matriarch Shed the ‘Dad Brand’ Stigma?

Li Hanqiong is set to succeed her father as chairperson of Youngor, China's menswear giant, spearheading a radical shift from a diversified investment firm back to a fashion-focused powerhouse. Despite aggressive acquisitions of international brands and retail channels, she faces a significant challenge as the company's core apparel business struggles with declining profits and an aging brand image.

SoBiz2026年5月12日 03:23
#Youngor#Li Hanqiong#Chinese Fashion
Discover the stunning skyline of Chengdu, Sichuan, with towering modern skyscrapers beneath an overcast sky.
Business

Closing the Digital Gap: Chengdu’s Jinniu District Tests ‘E-commerce + Physical’ Integration to Cure Retail Traffic Anxiety

Chengdu’s Jinniu District has launched an integrated e-commerce and physical retail campaign designed to help traditional businesses overcome digital marketing hurdles. By utilizing an online-to-offline loop, the initiative aims to solve ‘traffic anxiety’ for local car dealers, restaurants, and retailers through mid-May.

NeTe2026年4月25日 08:28
#Chengdu#Digital Transformation#E-commerce
A detailed look at a modern coffee setup with espresso machines in a Yunnan café.
Business

China’s 9.9-yuan Coffee Era Fades as Price War Gives Way to Profit Reality

The widespread 9.9-yuan coffee price point that anchored China’s retail coffee boom is receding as chains confront thin margins, rising input costs and franchisee stress. Kudi’s decision to end blanket 9.9 promotions and lift most prices signals a shift from volume-fuelled expansion to differentiated, sustainability-focused strategies across the sector.

SoBiz2026年2月10日 13:44
#Coffee#China#Kudi
A vibrant ceramic bowl filled with red kidney beans surrounded by more beans on a white surface.
Business

Second‑Generation Strain: Red Bean Posts Deeper Losses as China’s Menswear Market Contracts

Red Bean forecasts a second consecutive annual loss for 2025, reflecting a broader decline in demand for traditional menswear in China. Efforts to reposition the brand and convert franchise stores to direct control have so far been overwhelmed by falling sales and squeezed margins, leaving the company at a crossroads between deeper restructuring or strategic partnership.

SoBiz2026年1月21日 07:00
#Retail#Menswear#Red Bean