In the ever-evolving world of retail, the integration of digital technology has become a cornerstone for success. Hanshow, a company that has made significant strides in this domain, has garnered attention for its global impact and digital transformation initiatives in the retail sector.
In November, Hanshow has earned a prestigious spot among the 2024 Forbes China Top 30 Globalization Brands, joining global leaders like Huawei, Lenovo, and Alibaba Cloud. This recognition underscores Hanshow’s excellence in global expansion and innovation in digital retail. With subsidiaries in over 13 countries and serving more than 400 clients worldwide, including top 100 global retailers, Hanshow’s rapid growth—achieving a 52.99% compound annual revenue growth rate from 2021 to 2023—reinforces its position as a global leader.
Leroy Merlin & CCFA Recognition
A key highlight of Hanshow’s growing influence came at the 2024 China International Retail Innovation Conference (CCFA), where Hanshow’s collaboration with Leroy Merlin, a global leader in home improvement, earned recognition in the 2024 China Retail Digitalization Innovation Case Collection. The case, titled "The Persistence and Innovation of a Century-Old Enterprise," showcases how Hanshow’s digital solutions transformed Leroy Merlin’s in-store operations, enhancing customer experience and operational efficiency. With features like real-time price synchronization and AI-driven inventory management, this collaboration highlights Hanshow’s role in shaping the future of smart retail.
Forbes Award: A Milestone in Global Expansion
Hanshow’s inclusion in the Forbes China Top 30 Globalization Brands is a significant milestone in its journey. Since its founding in 2012, Hanshow has steadily expanded, achieving remarkable success in electronic shelf labels (ESLs) and smart retail technologies. In 2023, Hanshow captured 62% of the ESL market in China and ranked among the top three globally in ESL revenue. The Forbes recognition highlights Hanshow’s continued growth and leadership in the digital retail space.
Driving Digital Transformation
Hanshow’s innovative approach leverages IoT, big data, and AI to deliver advanced digital solutions, including ESLs, smart marketing displays, and robots. Partnerships with global tech leaders like Microsoft further enhance its AI capabilities, advancing smart retail experiences. Hanshow’s commitment to innovation is also evident in its dedication to sustainability—its digital solutions help retailers reduce paper waste and carbon emissions, aligning with consumer demand for eco-friendly practices.
A Vision for the Future
Hanshow’s recognition by Forbes and its award-winning case with Leroy Merlin underscore the company’s role as a leader in retail digitalization. With a focus on creating seamless, personalized shopping experiences, Hanshow is transforming the retail industry globally. Its continued technological advancements and strategic partnerships will shape the future of retail, positioning Hanshow as a driving force in smart retail worldwide.
