tyle=”letter-spacing: 0px;”>The field has seen its ability to adjust its business model.
Haidilao’s success in the hot pot field does not mean that Xiabuxiabu’s living space has been squeezed.
CITIC Securities stated that the Coucou store opened the second growth curve of Xiabuxiabu, supplementing the previously weak traditional hot pot track, and milk tea products Has a high order rate. It is estimated that currently contributes to Cocoa20% Revenue, in the future will be used as a large orderproducts and diversion products to cultivate, Become an important performance support for Coucou.
In general , the downturn in the catering industry in the first half of the year was constrained by the backlog of consumer demand, especially the mid-to-high-end brands in first-tier cities, which were suppressed. Sudden epidemics and recurring cases in Beijing caused the loss of dine-in users for chain brands, and consumer sentiment remained sluggish for a period of time.
In the second half of the year, various provinces and cities have adopted consumer vouchers and other measures to help various enterprises to boost their confidence in resuming operations. I believe that with the recovery of passenger flow and the innovative attempts of various companies, catering companies will take the lead in the second half of the Downturn.