全面关停会员店背后，盒马到底怎么了？

Core Insights - 2025 is set to be a pivotal year for Hema, as the last Hema X membership store in Shanghai will close by the end of August, marking the end of all X membership stores nationwide [1] Group 1 - The closure of the Shanghai Senlan store signifies a significant shift in Hema's operational strategy [1] - The large-scale shutdown of Hema stores raises questions about the underlying reasons for this decision [1]