{"id":29983,"date":"2021-12-19T05:31:42","date_gmt":"2021-12-19T05:31:42","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=29983"},"modified":"2021-12-19T05:31:42","modified_gmt":"2021-12-19T05:31:42","slug":"hypermarket-stores-in-china-closing-at-a-rapid-clip-as-consumers-shift-spending-online","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=29983","title":{"rendered":"Hypermarket stores in China closing at a rapid clip as consumers shift spending online"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s bricks-and-mortar operators are struggling to survive as booming e-commerce has led to a wave of store closures, altering the retail landscape on the mainland.Sales at hypermarkets in mainland China have fallen at an annualised pace of 7 per cent over the past three years, compared with a 24 per cent growth recorded by online retailers in the same period, according to a joint study on fast-moving consumer goods (FMCG) by global consultancy Bain &amp; Co and market research firm Kantar\u2026<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3160282\/hypermarket-stores-china-closing-rapid-clip-consumers-shift?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s bricks-and-mortar operators are struggling to survive as booming e-commerce has led to a wave of store closures, altering the retail landscape on the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":29984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/29983"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29983"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/29983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/29984"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29983"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}