Recently, Gaoxin Retail released its 2018 financial report, also disclosing market share and average sales per store (excluding tax) for major hypermarket brands including China Resources, Walmart, Yonghui, Carrefour, Bailian, and CP Lotus from 2016 to 2018.
01 Gaoxin Retail (RT-Mart + Auchan)
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 14.4% | 213 million yuan |
| 2017 | 14.9% | 211 million yuan |
| 2018 | 15.7% | 217 million yuan |
The financial report shows that in 2018, Gaoxin Retail achieved total sales revenue of 101.315 billion yuan, a year-on-year decrease of 1%; revenue of 99.359 billion yuan, down 2.9%; operating profit of 4.196 billion yuan, down 6.5%; profit attributable to equity shareholders of 2.588 billion yuan, down 7.3%. It operated a total of 484 comprehensive hypermarkets, and its new format "Hema Xiaoma" had 9 stores.
02 Walmart
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 10.6% | 166 million yuan |
| 2017 | 11% | 170 million yuan |
| 2018 | 11.9% | 182 million yuan |
In 2018, Walmart China was still troubled by "store closure" rumors, closing 16 stores in half a year. According to Walmart's fourth-quarter results, same-store sales in China decreased by 0.2% compared to the same period last year. Walmart attributed the decline to the Mid-Autumn Festival shifting from October in 2017 to September, intense competition from online and traditional retailers, and the impact of China's macroeconomic environment.
03 China Resources Vanguard
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 13% | 121 million yuan |
| 2017 | 13.2% | 120 million yuan |
| 2018 | 13.2% | 117 million yuan |
Recently, it was reported that China Resources Vanguard is contracting its operations, with hypermarket businesses in Beijing, Shandong, and other places exiting the market. The rumored acquirers are Wumart and Jiajiayue. Currently, five hypermarkets in Beijing have been confirmed to be transferred to Wumart, with some already reopened as Wumart supermarkets.
04 Wumart
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 2.6% | 138 million yuan |
| 2017 | 2.9% | 137 million yuan |
| 2018 | 3.1% | 135 million yuan |
In September 2018, 21 stores of Lotte Mart's North China region were confirmed to be integrated into the Wumart system, including 17 stores in Beijing, 2 in Tianjin, 1 in Yanjiao, and 1 in Zhuozhou. According to Wumart Group's bond report for the first half of 2018, Wumart's market share in Beijing and Tianjin was approximately 39.50% and 15.00%, respectively.
05 Yonghui Superstores
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 6.7% | 108 million yuan |
| 2017 | 7.7% | 96 million yuan |
| 2018 | 8.3% | 91 million yuan |
06 Carrefour
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 4.9% | 142 million yuan |
| 2017 | 4.8% | 141 million yuan |
| 2018 | 4.6% | 140 million yuan |
In 2018, Carrefour's Greater China business performed well, driving a significant profit increase, with a year-on-year growth of 11 times to 350 million yuan. Carrefour is innovating with market changes, upgrading stores while enhancing digital capabilities, connecting consumption scenarios, and creating a new shopping experience in the era of consumption upgrade.
07 CP Lotus
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 2% | 164 million yuan |
| 2017 | 2% | 136 million yuan |
| 2018 | 1.9% | 129 million yuan |
The financial report shows that CP Lotus's 2018 operating revenue was 10.122 billion yuan, a year-on-year increase of 4.84%, with a net loss of 288 million yuan, a year-on-year decrease of 261.06%. CP Lotus suffered losses in six of the past seven years, with losses of 392 million yuan, 96.8 million yuan, 58.4 million yuan, 18 million yuan, and 538 million yuan from 2012 to 2016, respectively. In 2018, CP Lotus opened 8 new hypermarkets, 2 premium supermarkets, and 1 neighborhood convenience store. As of the end of 2018, CP Lotus had over 80 stores nationwide, covering four formats: shopping centers, hypermarkets, premium supermarkets, and convenience stores.
08 Bailian Group
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 2.7% | 105 million yuan |
| 2017 | 2.9% | 111 million yuan |
| 2018 | 3.1% | 114 million yuan |
09 Zhongbai Supermarket
| Year | Market Share | Average Sales per Store |
|---|---|---|
| 2016 | 1.6% | 75 million yuan |
| 2017 | 1.6% | 72 million yuan |
| 2018 | 1.6% | 71 million yuan |
10 Jingkelong
| Year | Average Sales per Store |
|---|---|
| 2016 | 103 million yuan |
| 2017 | 114 million yuan |
| 2018 | 116 million yuan |
11 Better Life
| Year | Market Share |
|---|---|
| 2016 | 1% |
| 2017 | 1.1% |
| 2018 | 1.1% |
12 BHG Life Supermarket
| Year | Market Share |
|---|---|
| 2016 | 1.8% |
| 2017 | 1.7% |
| 2018 | 1.6% |
13 SPAR
| Year | Market Share |
|---|---|
| 2016 | 1.6% |
| 2017 | 1.6% |
| 2018 | 1.7% |
In 2004, SPAR, which focuses on voluntary retail chain model, entered China at the invitation of the Ministry of Commerce and the China Chain Store & Franchise Association. As of 2018, it had 297 stores in 8 provinces and cities in China, with a net operating area of 540,000 square meters and 50,000 employees.
Attached figure:
Source: Retail Circle (ID: retailmaster)
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