Wumart to purchase Lotus outlets
date:Oct 18, 2013
it a challenging market. For example, the Chinese logistics system is weak, so grocery retailers face higher transportation costs.

The nation's grocery market is also highly fragmented, so that market participants must devote more marketing resources to gain a major share. And amid a slowing economy, the grocery retail market is seeing a wave of consolidation.

Still, both international and domestic grocery retailers are expanding quickly in China, using diverse formats and entering new region
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