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Walmart closes stores as Chinese households embrace online grocery shopping

August 17, 2021
Source: startupnchill.com startupnchill.com
News Snapshot:
[Walmart closes stores as Chinese households embrace online grocery shopping] 0 Walmart shut down a 15-year-old store in Beijing last week. The supermarket chain is experiencing business shrinkage at a time when online grocery operations are gaining popularity across the country. Walmart didn’t state the reason behind the store’s shuttering, but it has closed 80 locations in the past four years, according to a report by Sina Finance. Walmart’s financial reports… if($my_meta != '') { if(!empty($sitename)){ ? > « Previous post: [From telehealth to ‘Zoom diplomacy,’ Myanmar’s government in exile embarks on a wave of unprecedented digital changes] »
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Tags: Beijing | Business | Chinese | digital | diplomacy | finance | financial | government | IT | Meta | online | report | shopping | Sina | store | supermarket | Walmart

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