Source: China – South China Morning PostThe cheap croissants and no-name detergents that power discount grocers in the US and Europe are now filling shelves in China, where struggling chains are betting on store brands to lure back shoppers.
Purveyors from Walmart and Wumart to Alibaba Group Holding’s Freshippo are streamlining their sprawling hypermarkets – once packed with name-brand goods – cutting clutter and pushing their own “private label” lines, which promise to match or beat the quality of established brands at lower…Read More