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MEITUAN-W Brings 10K Satellite Stores Into Communities This Yr; Single Store Opening & Operating Costs Down 60-70% on Avg.
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MEITUAN-W (03690.HK) announced that it had collaborated with over a thousand brands by 2025 to complete store type innovations, bringing 10,000 satellite stores into communities that have served as many as 100 million consumers. Consumer takeaway repurchase rates within three kilometers of the community were markedly higher than those of traditional stores, and consumers were much more satisfied with their experience. The average opening and operating costs of single stores also decreased by 60-70%. AAStocks Financial News |
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