Why did Guo Li Food close down?

Poor management has intensified market competition.

1. Poor management: There are many problems in the management of Guangdong Ligao Food, such as poor sales channels, insufficient product innovation and unfavorable brand promotion, which lead to poor sales performance and long-term losses.

2. Intensified market competition: With the rapid development of domestic baking market, more and more enterprises have joined the industry, which makes the market competition more and more fierce. Guangdong Ligao Food lacks sufficient advantages in the competition, and its market share is shrinking and closing down.