According to a survey among department stores in China, more than 86 percent of surveyed stores considered weakening and downgrading of consumption as their biggest challenge in 2023. Also, roughly 60 percent of respondents said the e-commerce was a challenge.
Leading challenges encountered by department store operators in China in 2023
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Fung Business Intelligence Centre . (March 27, 2024). Leading challenges encountered by department store operators in China in 2023 [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/1305482/china-major-challenges-for-department-stores/
Fung Business Intelligence Centre . "Leading challenges encountered by department store operators in China in 2023." Chart. March 27, 2024. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/1305482/china-major-challenges-for-department-stores/
Fung Business Intelligence Centre . (2024). Leading challenges encountered by department store operators in China in 2023. Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/1305482/china-major-challenges-for-department-stores/
Fung Business Intelligence Centre . "Leading Challenges Encountered by Department Store Operators in China in 2023." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/1305482/china-major-challenges-for-department-stores/
Fung Business Intelligence Centre , Leading challenges encountered by department store operators in China in 2023 Statista, https://www.statista.com/statistics/1305482/china-major-challenges-for-department-stores/ (last visited October 14, 2024)
Leading challenges encountered by department store operators in China in 2023 [Graph], Fung Business Intelligence Centre , March 27, 2024. [Online]. Available: https://www.statista.com/statistics/1305482/china-major-challenges-for-department-stores/
