Convenience stores in China: What’s becoming more important beyond convenience
In China’s convenience store industry, companies face rising price sensitivity, traffic shifting to discount snack stores, and intensifying competition from instant retail. In 2025, although 66.1% of companies achieved year-over-year sales growth, the momentum slowed compared to the previous two years. 81.4% and 70% of companies experienced growth in 2023 and 2024, respectively. Sales growth […]