Suning Group: Close 30 storage superstores, expected to generate a loss of 180 million yuan.
The China Resources Group announced that by the first half of 2025, they have closed 13 of their warehouse superstores, making a total of 30 closures so far. There are currently no plans to close any more superstores within the year. The reasons for closure include store losses and expired contracts. The company estimates a total loss of approximately 180 million yuan from the closures.
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