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China

Why Aren’t More Chinese Department Stores Going Bankrupt?

While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?

China

Why Aren’t More Chinese Department Stores Going Bankrupt?

While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?