Financial Times: Wai-Chan Chan On Foreign Supermarkets In China

Oliver Wyman partner Wai-chan Chan was quoted about foreign supermarkets in China.

The rapid growth of ecommerce, led by companies such as Alibaba and JD.com, has reduced the attraction of physical stores. “There are a lot of headwinds now due to ecommerce, which is pushing grocery more online,” said Wai-chan Chan of consultancy Oliver Wyman.

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