Articles by 零售动力

Supermarket Renovations Turn into Profitless False Prosperity

Yonghui Superstores released its 2025 semi-annual report, showing total revenue of 29.948 billion yuan, down 20.73% year-on-year, and a net loss attributable to shareholders of 241 million yuan, a decline of 187.64%. Despite the industry-wide renovation boom, many supermarkets are facing a 'profitless prosperity' as high renovation costs fail to translate into profit growth, leading to a collective involution trap.