Lates News

Recently, JD.com has made new moves in the sinking market. In August, it will open five stores in two locations, Suqian, Jiangsu and Zhuozhou, Hebei, to introduce JD Discount Supermarkets. Unlike the small store and limited SKU discount supermarkets in the industry, JD Discount Supermarkets rely on the advantage of the supply chain to operate in a large store format with multiple SKUs. The first Zhuozhou JD Discount Supermarket has a store area of 5000 square meters and offers over 5000 high-cost-effective consumer goods, with prices generally lower than the market's regular prices. Industry insiders believe that JD's strategic move may reshape the commercial landscape of the sinking market, adding new vitality to the high-quality development of regional economy and bringing consumers a super-rich and super-high cost-effective shopping experience. It is understood that this model has been quietly piloted in Beijing for more than a year. (Interface News)