以下文章来源于风声声 ，作者狗蛋本蛋 风声声 . 聚焦商业观察，专注深度内容 今年7月，当舆论集体炮轰山姆，质疑其选品和品控时，铁柱心想，闹这么大，山姆总该整改了吧？ 三个月过去，铁柱发现自己想多了。 前几天，铁柱通过山姆APP买菜，其中，1kg的有机胡萝卜，品相、品质很差，已经干瘪、发芽。 这不是铁柱第一次在山姆买到品质掉线的果蔬，但铁柱很佛系，只要果蔬没坏，他就懒得找售后。 这次铁柱佛不了。 订单送来后，铁柱第一时间取胡萝卜准备榨汁。打开袋子细看发现，胡萝卜竟然发霉了。 二话不说，立马找客服反馈。 客服搬出标注话术，表示生鲜水果在正常储存条件下，都会存在少量损耗。铁柱直接怼回去：不是少量损耗，是好多根长霉点。 最终铁柱选择退款退货。 当时买来放在冰箱储存不过两天时间。 第二天，故事又来了，铁柱发现同一笔订单中的黄瓜也发霉 。 最终也是退货处理。 狗蛋开玩笑说铁柱"亏"大了—— 发霉不符合食品安全标准，铁柱可以向山姆主张支付价款十倍或者损失三倍的赔偿金，不足1000元的可直接要求赔偿1000元。 狗蛋也发现，2025年以来山姆品控越来越拉胯，今年在山姆买的蓝莓坏果率特别高，7月初买500g带枝蓝莓，一盒消耗 ...

Core Viewpoint - Ganyuan Food Co., Ltd. reported a revenue of 2.257 billion yuan for 2024, marking a year-on-year increase of 22.18%, and a net profit of 376 million yuan, up 14.32% from the previous year, with a proposed cash dividend of 17.84 yuan per 10 shares [1] Group 1: Financial Performance - The company achieved a revenue of 2.257 billion yuan in 2024, reflecting a growth of 22.18% year-on-year [1] - The net profit attributable to shareholders reached 376 million yuan, representing a 14.32% increase compared to the previous year [1] - Basic earnings per share were reported at 4.14 yuan [1] Group 2: Product and Market Strategy - Ganyuan Food has focused on the research, production, and sales of snack foods, expanding its product range from traditional bean products to flavored nuts and baked snacks [2] - The gross profit margins for key products are notably high, with green pea products at 43.71%, broad bean products at 41.77%, and sunflower seeds at 39.33% [2] - The company has introduced innovative flavors such as crab roe, mustard, salted egg yolk, and Taiwanese braised meat to meet diverse consumer preferences [2] Group 3: Competitive Strategy and Market Expansion - The company employs a "wide coverage, differentiation" strategy to cater to various consumer demographics, significantly reducing market volatility risks associated with single product categories [3] - The demand for flavored nuts is expanding, particularly among younger consumers, indicating a trend towards more differentiated products [3] - Ganyuan Food is accelerating its "going global" strategy, with revenue from distribution channels and e-commerce growing by 22.6% and 10.7% respectively [3] Group 4: Future Outlook - The company plans to enhance its product offerings through innovation and expand its market presence by developing both traditional and emerging sales channels [4] - Ganyuan Food aims to capture mainstream trends in snack foods by diversifying and differentiating its product flavors [4]

Core Insights - Walmart's international business, particularly in China, has become a significant growth driver, with net sales of approximately $120 billion and EBITDA of $5.5 billion [1] - The company's success in China is attributed to its effective integration of online and offline retail channels, achieving 50% of sales from online and 80% of orders delivered within one hour [3][9] Group 1: Performance in China - Walmart's sales in China have dramatically increased, with online sales rising from 4% seven years ago to 50% today [3] - The Sam's Club model in China has been refined over 29 years, focusing on high-quality products and disruptive pricing [3] - The implementation of a one-hour delivery model has been successful, with 80% of orders delivered within this timeframe, supported by strategically placed "cloud warehouses" [3][6] Group 2: Learning and Adaptation - Other markets, such as India and Mexico, are looking to adopt China's successful strategies, with India's Flipkart team aiming to enhance their delivery speed by learning from Walmart's Chinese operations [6] - The emphasis on rigorous management of location, space, and SKU has been a key takeaway for international teams [6] - Walmart is sharing experiences from the Chinese market, including live-streaming sales techniques, to enhance operations in other regions [6] Group 3: Future Goals and Market Strategy - Walmart aims to achieve $200 billion in GMV by 2028, with plans to double profits and increase e-commerce penetration [9] - The company is satisfied with its current international market portfolio and has no immediate plans to enter new markets [9] - Lessons learned from past market exits, such as in the UK and Japan, have informed Walmart's successful adaptation in China, emphasizing the importance of localizing products for consumers [9]

中国企业家杂志 . 讲好企业家故事，弘扬企业家精神 需求多元的市场。 作者 | 闫俊文 来源 | 中国企业家杂志 （ID：iceo-com-cn） 湖北省监利市是这样一座普通的县级市：荆州市代管县级市，拥有104万的常住人口；2024年，它的 城镇人均每月可支配收入约为3300元；以稻米以及小龙虾闻名，还没建成一座通车的火车站或者高铁 站；居民早上有喝早酒的习惯，号称"全国喝早酒最凶猛之地"。 以下文章来源于中国企业家杂志 ，作者闫俊文 但监利有"山姆"，且监利的"山姆"也卖爆了。2024年11月16日，监利"山姆"正式开业，截至2024 年12月31日，其销售额超过58万元，客单数为6858单，平均毛利率接近20%。 监利的"山姆"，和其他在山姆官网上公布的门店有许多不同：它不在官网上，全名叫做"监利山姆严选 集合店"，而不是北京、上海、深圳、杭州、武汉、南京等地的"山姆xxx店"；面积300平米，大概相 当于山姆会员超市平均面积的1%。 这家店现在共有4个员工，创始人是汪振宇。95后的汪振宇，看到了这个机会，在第一家门店的试水 后，他已在筹备监利第二家山姆精选店了。 摄影：闫俊文 外界将汪振宇这类从业者称 ...