As Anne Mezzenga says in this clip, "This is so much more than China's version of Costco Wholesale."

Alibaba Group announced they'll be opening eight more of their #StoreX #membership #warehouse locations this year.

Anne and guest host Oliver Banks effused about all the bells and whistles in this concept, the growth it will continue to see with the Chinese consumer, and the notes that #costco should be taking on this #omnichannel offering.

For the full #fastfive, sponsored by Alvarez & Marsal Consumer and Retail Group, Takeoff Technologies, Inc., and BrightSign LLC, head here: https://lnkd.in/gxk3mDq

#commerce #retail #retailing #alibaba #storex #costco #samsclub
#warehouseclub #shoppingandtheretailindustry #onlineshopping