面对线上冲击、成本高企与流量枯竭的三重挑战，传统实体单店自营模式已难以持续。共享门店模式通过融合共享经济内核、利益共生逻辑与线上线下一体 化策略，为实体商家开辟降本增效新路径，同时将消费者转化为长期利益绑定者，激活商业生态新活力。 模式原理与核心玩法 该模式以股权拆分与资源共享为双引擎，实现轻资产扩张及高粘性运营，具体分为三类创新玩法： 小额股权共享：如茶饮品牌采用"1+11"股权架构——1名发起人持5%股权，11名普通股东各持4%，单份投资1-5万元。此模式使品牌单店扩张速度较传 统加盟提升3-5倍，股东因利益绑定主动成为品牌宣传员。 门店资源共享：通过租赁共享（如烘焙店晚间出租空间给私房蛋糕工作室）或合作共享（如便利店与干洗店联营分润），实现空间、设备、人力分时 复用，综合运营成本降低30%-40%。 共享股东模式：分投资型（小额出资分红）、消费型（年度消费达标享折扣+分润）、资源型（KOL引流分成）三类，有效绑定资金、客源、渠道多 元利益共同体。 显著特点：重构运营逻辑 资源共享：社区店引入共享打印、代收快递等服务，设备由第三方提供，人力成本均摊，降低运营压力； 风险共担：疫情等冲击下，股东主动减分红、 ...

Group 1 - The core viewpoint indicates that the consumption and travel during the National Day holiday in 2025 showed significant growth in volume with stable prices, with per capita travel expenditure remaining roughly unchanged [1][2] - The National Day holiday from October 1 to October 8, 2025, saw an average daily cross-regional flow increase of 6.2% year-on-year, with railways up 2.6%, waterways up 4.2%, and civil aviation up 3.4% [2] - The average hotel room price saw a recovery, while the average domestic flight ticket price increased slightly by 0.3% to 849 yuan during the holiday [2] Group 2 - There was a notable increase in long-distance travel, with cross-border travel and experiential consumption gaining popularity, while the film box office revenue decreased compared to the previous year [3] - The average daily number of inbound and outbound travelers reached 204.3 million, up 11.5% year-on-year, with international flight volumes also increasing by 11.1% [3] - The total box office for the National Day holiday in 2025 was 1.835 billion yuan, a decrease of 13% from the previous year's 2.1 billion yuan, with average ticket prices dropping from 40.4 yuan to 36.6 yuan [3] Group 3 - Hainan's offshore duty-free sales showed a significant recovery, with sales amounting to 944 million yuan, a year-on-year increase of 13.6%, and the average shopping amount per person rising by 10% to 7,685 yuan [4] - The number of shopping visitors in Hainan increased by 3.2% year-on-year, indicating a rebound compared to the previous holiday period [4]

证券之星消息，10月10日一般零售板块较上一交易日上涨0.64%，深 赛 格领涨。当日上证指数报收于 3897.03，下跌0.94%。深证成指报收于13355.42，下跌2.7%。一般零售板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000058 | 深塞格 | 10.82 | 9.96% | 37.19万 | 3.94亿 | | 000417 | 合百集团 | 6.34 | 5.49% | 50.21万 | 3.15亿 | | 601116 | 三江购物 | 14.64 | 5.32% | 54.71万 | 8.18亿 | | 600790 | 轻纺城 | 4.00 | 3.09% | - 17.76万 | 7028.34万 | | 605188 | 国光连锁 | 15.70 | 2.28% | 20.98万 | 3.38亿 | | 600857 | 宁波中百 | 17.38 | 2.24% | 10.64万 | 1.85亿 | | 603682 | 锦和商管 | 5. ...

Group 1: Alibaba Group (阿里巴巴) - Daiwa Securities maintains a "Buy" rating for Alibaba-SW, raising the target price to HKD 205 due to optimistic expectations for Alibaba Cloud's business prospects and long-term gross margin outlook [1] - JPMorgan upgrades Alibaba-SW to "Overweight" and raises the target price to HKD 240, citing the company's stock performance over the past three months and optimistic growth opportunities in cloud revenue and e-commerce synergy [1] Group 2: Gao Xin Retail (高鑫零售) - Macquarie Securities downgrades Gao Xin Retail to a "Neutral" rating and lowers the target price to HKD 1.7, anticipating a decline in same-store sales due to significant subsidies in instant retail and pressure on gross margins [2] Group 3: Budweiser APAC (百威亚太) - CMB International maintains a "Buy" rating for Budweiser APAC but lowers the target price to HKD 9.5, noting that the current stock price reflects short-term sales pressure and a potential marginal improvement in Q4 [3] Group 4: Galaxy Entertainment Group (金界控股) - Citigroup maintains a "Sell" rating for Galaxy Entertainment but raises the target price to HKD 5.4, as the company's Q3 gaming revenue significantly exceeded expectations, leading to a 20%-24% increase in profit forecasts [4] Group 5: Sands China Ltd. (金沙中国有限公司) - Haitong International initiates an "Outperform" rating for Sands China Ltd. with a target price of HKD 25.6, highlighting the company's strong market position in Macau and the positive impact of the Londoner project on EBITDA margins [5] Group 6: Contemporary Amperex Technology Co. (宁德时代) - JPMorgan maintains a "Neutral" rating for Contemporary Amperex Technology Co. while raising the target price to HKD 600, based on a valuation adjustment for 2026, despite a projected 20% upside in stock price [6] Group 7: Smoore International Holdings (思摩尔国际) - UBS maintains a "Sell" rating for Smoore International, setting a target price of HKD 13.11, citing rising R&D and sales expenses along with gross margin pressure leading to a projected 40% decline in net profit for 2025 [7] Group 8: Standard Chartered Group (渣打集团) - Goldman Sachs maintains a "Neutral" rating for Standard Chartered Group, raising the target price to HKD 135, expecting a 6% year-on-year growth in adjusted pre-tax profit for Q3 due to strong non-interest income and cost reductions [8] Group 9: Cheung Kong Infrastructure Holdings (长江基建集团) - Morgan Stanley maintains a "Market Perform" rating for Cheung Kong Infrastructure Holdings, increasing the target price to HKD 54 based on the latest regulatory asset value and extending the valuation timeframe to 2026 [9][10]

10月6日，四川省城市足球联赛（以下简称"川超"），雅安貊貊队客场对阵攀枝花攀钢钢铁勇士队，雅安千人 助威团奔赴攀枝花加油的同时，雅安商户也到场外开展特产展销，配套最高满300减90元的7折消费券，推动更 多"雅字号"产品走出雅安。同一时间，500公里外，雅安雨城万达广场、蒙顶山甘露坊、石棉县烧烤店、汉源某火 锅酒楼等地也设置了"川超"免费观赛点，吸引市民游客观看。 "川超"，不仅是足球队员在场上拼尽全力的赛事，更是所在城市在场外关于城市凝聚力、文化传播力以及产 业驱动力的展示。开赛以来，雅安提出要结合"川超"赛事，初步构建"1川+3新""大川超"赛事体系，以"川超"引领 全民健身系列赛事发展，借助"川超"打造"全民参与、全城热动、全业赋能"的标志性体育赛事IP。 "比赛常有胜负，但无论比赛结果如何，雅安可以充分发挥旅游资源优势，在赛场外让每位观众感到安逸和巴 适。"雅安市文化广播电视体育和旅游局副局长陈中献说。 盲盒是与城市初见面的"心动"。在"川超"雅安赛区的比赛上，观众都得到一份观赛礼包，这是雅安为购票观 众准备的"见面礼"，里面装满雅安特产、观赛道具等。有意思的是，这近万份外包装一致的观赛礼包中，还藏 ...

Core Viewpoint - The article highlights the successful integration of cultural, tourism, sports, and commercial activities in Jingkou District during the National Day and Mid-Autumn Festival, creating a vibrant micro-tourism destination that stimulates holiday consumption and enhances the local economy [1][7]. Group 1: Cultural and Tourism Initiatives - Jingkou District launched a series of themed holiday activities centered around the "micro-vacation, light tourism, and deep experience" concept, focusing on key areas like the Yangtze River Road waterfront and Shuilu Temple Alley [1]. - The "Jingjiang Huayue" cultural tourism brand project was developed, featuring a "youth theater" that combines patriotic songs and traditional activities, attracting a young audience and enhancing cultural engagement [3]. Group 2: Consumer Engagement and Experience - A city market was established in Shuilu Temple Alley, featuring food, intangible cultural heritage, and handmade crafts, which successfully attracted visitors through discounts and interactive games [5]. - Special events like the National Day flash mob and "Youth Exploration" city walks were designed to deepen the understanding of local history and culture among young people, effectively merging cultural experience with social interaction [5]. Group 3: Economic Impact and Future Plans - Various commercial entities in Jingkou collaborated to create a compelling urban micro-tourism destination, offering diverse cultural experiences such as Hanfu-themed activities and vertical marathon challenges [7]. - The integration of cultural, tourism, sports, and commercial elements not only enriched the holiday experience for visitors but also helped shape Jingkou's brand as a cultural leisure micro-vacation destination, with plans for continued resource integration and innovative activities to drive regional economic growth [7].

"十一"黄金周，潍坊昌邑市处处洋溢着节日的喜庆氛围，从乡村田野到商业街区，从市场商超到文旅景 点，丰富多彩的消费场景共同绘就了一幅活力四溢的消费画卷。 近年来，潍坊昌邑市立足县域实际，通过政策扶持、消费升级等系列举措提振消费，充分激发市场活 力，释放消费潜力，为县域经济高质量发展注入强劲动能。 丰富消费供给，消费提振显热度 大众网记者 郑健 潍坊报道 昌邑市充分挖掘节会经济潜力，搭建多元消费场景，打造精品旅游路线20余条，红色马渠、柳疃青阜农 业综合体、卜庄大陆村枣蛙基地等陆续成为乡村旅游的新亮点，昌邑好品、"昌邑味道"特色产品等纷纷 搭上了文旅快车，山阳梨花节、2025年桑葚采摘季、"文山潍水"昌邑半程马拉松等系列活动，将好品好 物聚拢到了群众家门口。 前不久，2025黄元御中医药文化宣传周在昌邑火热开幕，展会现场的百合养心茶、三仙消食饮、黄芽减 重茶等中医养生代茶饮引得参观者驻足品尝，还有造型精巧的中药棒棒糖，成为孩子们的"心头好"。这 一创新不仅展现了中医药的独特魅力，更是推动"中医药+"产业融合发展的鲜活样本。 近年来，昌邑市推动中医药与产业、文旅等资源要素双向赋能，与群众生产生活深度融合，激活中医药 ...

昌吉市华洋三好超市内，顾客正在选购商品。实习记者保娜 摄 奇台县商超内"满减""打折"标签醒目，商品琳琅满目；家电卖场里，高清电视、节能冰箱等产品齐全， 一机四筒洗衣机"融合・洗护家"等新品成为市场新宠。"双节优惠力度大，趁活动买台空调很划算。"奇 台县居民安德文的话道出消费者心声。九安汽车城的"国庆惠购车"活动汇聚15家商家、30余个品牌，叠 加厂家补贴、新婚补贴等多重优惠，吸引消费者集中选购。 昌吉日报讯（全媒体记者 刘茜 通讯员 张悦）国庆与中秋双节叠加的8天长假，为昌吉州消费市场注入 强劲动能。昌吉州商务局数据显示，10月1日至8日，全州重点监测的零售、餐饮、汽车、家电等54家企 业累计销售额达5841.67万元，客流量达23万人次。其中，得益于州县两级财政支持与车展联动效应， 汽车消费占比过半。市场呈现供应充裕、价格平稳、安全有序的态势，彰显消费韧性与群众对美好生活 的向往。 万人同品月饼的温馨场景。通讯员梁宏涛 摄 "政府补贴+企业让利"的政策组合拳，是消费升温的核心引擎。昌吉州、县（市）两级投入1000余万元 财政资金，聚焦零售、餐饮、汽车等重点领域，推出30余场促消费活动，通过消费券发放、以旧 ...

Core Insights - During the National Day and Mid-Autumn Festival, the company reported a positive sales growth trend, driven by targeted strategies in cultural tourism, events, and the silver economy [1] Group 1: Sales Performance - The company effectively expanded its market coverage by launching themed events such as "Chu Wind Han Flavor," hotel packages for out-of-town visitors, and special gift recommendations for the Mid-Autumn Festival [1] - The integration of top-tier sports events like the Wuhan Tennis Open with mall operations created a "second viewing venue," complemented by consumption voucher activities that successfully attracted foot traffic [1] Group 2: Customer Engagement - The deep collaboration with the International Arts Season, featuring high-quality performances for VIP customers, enhanced customer loyalty and engagement [1] Group 3: Property Development - The company revitalized its core properties with a "natural aesthetics + commercial space" renovation project, creating a unique festive atmosphere and consumer environment, which established a popular landmark for the region [1] Group 4: Financial Performance - In the first half of 2025, the company achieved an operating income of approximately 3.181 billion, a year-on-year decrease of 12.66%, while the net profit attributable to shareholders increased by 7.53% to approximately 165 million [2]

Group 1 - The "Super Golden Week" saw a total cross-regional population flow of approximately 24.22 million people [1] - Daily average domestic travel reached 304 million person-times, a 6.2% increase compared to the 2024 National Day holiday [2] - Total domestic travel expenditure increased by 108.19 billion yuan compared to the 2024 National Day holiday [2] Group 2 - Daily sales revenue in consumption-related industries grew by 4.5% year-on-year [3] - Retail and catering enterprises monitored by the Ministry of Commerce reported a comparable sales growth of 2.7% [3] - Foot traffic and sales revenue in 78 monitored pedestrian streets increased by 8.8% and 6.0% year-on-year, respectively [3] Group 3 - A total of 16.34 million inbound and outbound trips were recorded, with an average of 2.04 million trips per day, marking an 11.5% increase year-on-year [4] - The peak day for inbound and outbound border crossings occurred on October 4, reaching 2.35 million trips [4]