Xibei Catering set to lose over 600m yuan, to shutter 30% of its outlets.

Jia Guolong, founder of Xibei Catering Group, said recently that the firm’s cumulative losses are expected to top 600 million yuan in the period from September 2025 to March 2026.

Xibei will phase out 102 domestic stores in Q1, representing 30% of its overall store network.

西贝餐饮预计亏损超6亿，将关闭30%门店。
西贝餐饮集团创始人贾国龙近日表示，预计2025年9月至2026年3月，西贝累计亏损将超6亿元。西贝将在一季度陆续关闭全国102家门店，占门店总数的30%。

Catering 餐饮
shutter 关停
cumulative losses 累计亏损
phase out 逐步关停
represent 占比