[Caixin Global] The struggle facing big-box supermarkets in China

This podcast explores the struggles facing big-box supermarkets in China, including competition from e-commerce platforms and smaller stores. It discusses the declining store numbers, financial troubles, and decreasing retail sales. The podcast also analyzes the turnaround efforts of Sun Art Retail Group and the digitization initiatives in the Chinese supermarket industry. Additionally, it explores the rise of neighborhood retail stores and the strengthening of partnerships by regional supermarket chains.