Reasons for the closure of Fuzhou Guoguang Supermarket

Lack of characteristics and advantages, fierce competition.

1, lacking features and advantages. Fuzhou Guoguang Supermarket Industry Co., Ltd. is a subsidiary of Jiangxi Guoguang Commercial Chain Co., Ltd., mainly engaged in the sales of clothing, leather goods, knitwear, cosmetics, watches and glasses. There are too many kinds of goods, lacking characteristics and advantages.

2. Fierce competition. Fuzhou Guoguang Supermarket is facing fierce competition from e-commerce platform and other supermarket chains, which leads to the decline of its passenger flow and profits.