# retail transformation
Latest news and articles about retail transformation
Total: 2 articles found
Three CEOs in Two Years: How Sun Art’s New Owner Is Rewiring a Hypermarket Giant
Sun Art has replaced three CEOs in under two years as Dehong Capital reshapes the hypermarket into a leaner, fresh‑focused omnichannel retailer. A company veteran delivered a return to profit by restoring price credibility and cutting costs, a short‑lived successor sketched a fresh‑led, near‑market transformation, and Dehong’s co‑founder has now taken the helm to marry operational fixes with capital‑driven value extraction.
IKEA Clearance Turned Crowd Frenzy Lays Bare the Decline of China’s Big‑Box Home Retail
A massive clearance sale at seven closing IKEA stores in China drew chaotic crowds and highlighted a larger shift away from suburban, big‑box home furnishing malls. Declining occupancy, rising bankruptcies and the rapid rise of small‑format and online‑born domestic brands suggest the industry is being reshaped by new consumer habits and retail economics.