Popular Hot Pot Restaurant Brand Haidilao to Shut Down 300 Restaurants in China

钛媒体2021-11-06

BEIJING, November 5 (TMTPOST) — Popular Chinese hot pot restaurant brand Haidilao (06862.HK) has announced on Friday that it will close down around 300 restaurants in China that fail to meet revenue ...

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精彩评论

starpaige
2021-11-23
starpaige
Tks
Humbly
2021-11-08
Humbly
With cost rationalisation and the gradual opening up of the eco, is the worseover ?
ShenGY
2021-11-08
ShenGY
Thanks
Terc
2021-11-08
Terc
Ok
- Terc:
  ok
andrew123
2021-11-08
andrew123
Like n comment
- andrew123:
  tks
- NewPower:
  Okay.
andrew123
2021-11-08
andrew123
With restriction on the no of people able to eat in f&b, even fully pack, they wont be making much profit

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According to Haidilao’s statement, some of the restaurants will suspend operation temporarily and will reopen after adjustment within two years. Haidilao has promised that it will not lay off staff and will rearrange employees working in the affected restaurants.\nHaidilao is a popular go-to hot pot restaurant brand in China, especially popular among young consumers.\n\nHaidilao’s business adjustment plan, titled “the Woodpecker”, will be directed by the company’s executive director and vice CEO Yang Lijuan. Besides paying close attention to Haidilao restaurants with poor business performance both at home and overseas, the plan also includes measures such as rebuilding some key departments and restoring the regional management systems. In addition, scientific key performance indicators will be set up for all departments while the promotion of the brand’s culture will be further strengthened. Business expansion plans will be limited accordingly. 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