Traditional retailers fight to maintain market share
By Wang Zhuoqiong | China Daily | Updated: 2018-01-24 07:47
In their competition with online giants, which have recently expanded to offering fresh food in physical stores, traditional brick-and-mortar retailers are gearing up to secure their market shares in this sector.
Sam's Club, the membership store and high-end format of one of the world's largest retailers by revenue Wal-Mart Stores Inc, has decided to set up "club depots", or storehouses, with Dada-JD Daojia, a food-delivery unit of the country's second largest e-commerce platform JD, at places where their physical stores have not yet reached.
The system will be built together by Sam's Club and Dada, including selecting locations for the storehouses, managing the inventory and deliveries.
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