Ningbo Famous Supermarket Announces Store Closure! Netizens regret that they won't be able to sustain themselves in just 8 years

Recently, some netizens revealed that Wumart's Beilun Intime store is about to close!According to the closed store announcement, the supermarket will stop operating externally on the evening of October 20th. Currently, the products in the store are also being cleared for sale, making it the second supermarket in Beilun to close its store

Recently, some netizens revealed that Wumart's Beilun Intime store is about to close!

According to the closed store announcement, the supermarket will stop operating externally on the evening of October 20th. Currently, the products in the store are also being cleared for sale, making it the second supermarket in Beilun to close its store.

(Image source: Weibo)

According to the official account of East China Wumart Beilun Store, the supermarket opened in November 2016 and was once a large modern shopping center integrating shopping, leisure and entertainment; The business area exceeds 10000 square meters, with popular brands, large stores, and specialty restaurants as supporting facilities. Now, after just 8 years of operation, many netizens feel regretful for closing the store.

I used to go shopping a lot, but I didn't expect to be able to sustain it anymore

Nowadays, most people's shopping methods have shifted from offline to online, with abundant and convenient discounts. Many people recall that it has been a long time since they last went shopping offline, and most of their daily needs can be met through online shopping and small supermarkets at the entrance of the community.

Previously, Carrefour Beilun Branch in Ningbo also closed on May 11, 2023. With the closure of Carrefour Beilun Branch, Carrefour also fully retreated in Ningbo.

With the rise of e-commerce, everyone has changed their consumption habits and methods. What about the status of commercial squares that have sprung up like mushrooms after rain, not just supermarkets?
A netizen from Donglun posted that the Jiangbei Baolong in Ningbo seems to have not opened yet, and everyone has no money, making it difficult to operate the real economy.

Donglun Netizen @ Unknown Error:

Passing by Baolong Square in Jiangbei at night, I found that it had never really opened before. There were no lights or people when I saw it. This square is probably not open anymore. After all, nobody has money now. No one dares to invest a lot of money to open a store.

There are many offline supermarkets of all sizes in Ningbo, and some supermarkets seem to have fewer and fewer consumer groups. Since last year, it seems like bustling and bustling have returned, but there has also been a wave of "store closures". The pressure of offline supermarkets not only comes from competitors of the same type, but also from the forms of e-commerce consumption that people have become accustomed to. Without one's own innovation and differentiation, it is also very difficult to survive in the current consumer environment. The uniform layout and investment attraction for consumers are not very strong. Especially, nowadays, low materialistic living is also popular among young people, partly due to the impact of the employment environment on the younger generation. The trend of layoffs, high life pressure, and purchasing power may also be significantly lower than before.

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