retail expansion

Gree Electric Appliances sees a surge in demand for air conditioning due to rising temperatures. The company, expanding its retail footprint with 656 “Dong Mingzhu Health Home” stores, also announced a 20 yuan per unit pay increase for its installation technicians. This move, echoing a similar initiative in 2016, aims to ensure customer satisfaction and value the crucial role of installers during peak season.

Meituan is restructuring its instant retail operations, expanding offerings while withdrawing from unprofitable regions. The company assures no layoffs for full-time employees and honors job offers to new graduates. Meituan Select is undergoing strategic upgrades, including exploring new retail models. Employee compensation and benefits remain unaffected. Service shutdowns are underway in several provinces due to regional business adjustments.

PesoRama Inc. is expanding its JOi Dollar Plus stores in Mexico, with the 27th store opening on May 31st in Mexico City’s Patio Martin Carrera shopping center. The 481-square-meter store targets a high-income area, offering everyday essentials. A live stream of the grand opening will be on JOi’s Instagram. Since 2019, PesoRama has focused on high-traffic locations, and as of May 31st, will operate 27 stores.