Tuesday, 2024 April 23

Staffless convenient store is a dead end, claims head of Chinese retailer Better Life

“Staffless convenient stores are a pseudo-proposition, it is leading to a dead end, no amount of innovation will make it work.”

                              – Wang Tian, chairman of Chinese retailer Better Life

Wang Tian has been the chairman and president at Better Life since April 13, 2011.Better Life is a Chinese retail conglomerate that includes department stores, supermarkets, and convenience stores. It is based in Xiangtan, Hunan Province. Tencent holdings and JD.com have bought a 6% and 5% stake in the retailer respectively as part of Tencent’s new retail strategy.

36Kr Global Contributors
36Kr Global Contributors
The tech ecosystem is roaring. Unicorns valued at billions of dollars have emerged worldwide, while venture capital and strategic investors are constantly on the lookout for the next big thing. 36Kr Global is committed to establishing ties between global stakeholders and providing the most vital information about China’s tech scene and capital markets.
MORE FROM AUTHOR

Related Read