Part 6/14:
Similarly, Shaboo Shabu, once a darling of the Japanese hot pot scene, reported an 18.9% revenue decline in the first half of 2025, ending years of continuous losses totaling over 1.3 billion yen. Stores in major cities like Chengdu, Shanghai, and Shenzhen have shuttered en masse, reflecting a broader trend of contraction in the casual dining market.