Economic Daily: The value of first stores lies in offering a lifestyle.
The first-store economy has entered deep waters, and commercial competition nationwide is shifting from "who opens stores first" to "who can continuously supply a lifestyle." The value of the two first stores in Shanghai lies not in their specific scenarios, but in pointing to a path of transformation: using digital intelligence to improve efficiency, cultural IP to add value, scenario-based experiences to attract people, and ecosystem capabilities to win. Whoever can complete this transformation will be able to seize the initiative in the next round of commercial competition.
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