RT-Mart's first "three-year roadmap": Aiming to transform nearly 50% of its performance online
Wallstreetcn·
- High-end retail faces significant pressure, with Gao Xin Retail reporting a 12.1% revenue decline to 30.5 billion yuan for the six months ending September 30.
- The drop is attributed to intensified market competition and weak consumer demand, leading to a 1.27 billion yuan loss in the first half of fiscal 2026.
- Despite ongoing adjustments, Gao Xin Retail aims to enhance its product offerings and optimize store layouts, with plans to increase online sales contribution to 40-50% over the next three years.