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In Depth: The Supermarket Sensation Defying China’s Industrywide Slump

By Feng Yiming, Sun Yanran and Elise Mak
2024年10月03日 16:00
Regional chain Pangdonglai has received acclaim for its commitment to customers and treatment of its employees — and the competition has taken notice
Customers shop in a Pangdonglai supermarket in Xuchang, Henan province on Aug. 17. Photo: VCG

As foreign retail giants like Sam’s Club, Costco, and Aldi have gained on their domestic competitors in China as the economy has slowed, a local supermarket chain is beating the odds and offering hope to struggling peers.

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