GT Voice: Hyping ‘deflationary pressures’ based on flash sales is misguided
Reuters published an article on Monday, titled "In deflation-hit China, one store holds flash sales four times a day," which depicted the discounting scenarios at Wankelai, attempting to underscore ...
Devdiscourse1d
China's Economy: The Deflation Dilemma
With China's deflationary pressures mounting, retailers like Wankelai store resort to flash sales and deep discounts to ...
In deflation-hit China, one store holds flash sales four times a day
China's consumer price index dropped by 0.7% in February, highlighting deflation worries. Discount stores like Beijing's ...
Devdiscourse2d
Deflation and Discounts: Navigating China's Retail Challenges
In Beijing's Wankelai store, manager Leo Liu announces discounts amid China's deflationary economy. Liu's store employs flash sales to mitigate inventory pressure. Consumers are drawn to discounts due ...
The Straits Times1d
In deflation-hit China, one store holds flash sales four times a day
BEIJING/HONG KONG – Mr Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper discounts in a flash sale ...
Business Times1d
In deflation-hit China, one store holds flash sales four times a day
[BEIJING] Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper discounts in a flash sale, until he finally sold ...
Free Malaysia Today1d
In deflation-hit China, one store holds flash sales four times a day
Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper discounts in a flash sale, until he finally sold a ...