Lates News

On July 29th, the announcement of the closure of the Hema X Membership Store in Beijing World Flower Store was made, with the store set to cease operations on July 31st. On the same day, Hema X Membership Stores in Suzhou Xiangcheng Store and Nanjing Yanziji Store will also cease operations. After this, there will only be one Hema X Membership Store left in the country, but Economic Observer confirmed through a call to the customer service of the Shanghai Senlan Store that this store will also close on August 31st. This means that all Hema membership stores will be closed, marking the complete departure of Hema from its once considered "second growth curve" and self-proclaimed comparable to Costco. (Sina Technology).