Qingdao's Shinan district is experiencing a robust "first-store economy", driving a surge in consumer activity. A prime example is the South Korean bakery brand "Butterful & Creamorous", nestled in the MixC shopping mall of Shinan district. Last year, Shinan introduced 56 new types of first stores and fashion-related stores, and the 2024 Shinan district government work report outlines plans to …
As retail and physical commerce rebound, the first-store economy has been growing rapidly in Qingdao, East China's Shandong province. A large number of well-known commercial brands such as Sam's Club, JD Mall, Wumart, and the Wangfujing Shopping Center will set up first stores in Qingdao, all of which will emphasize new models, formats, and technologies. In recent years, membership-based supermarkets …
