DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bef8d7/china_retail_indus) has announced the addition of the "China Retail Industry Report, 2010-2011" report to their offering.
In 2010, the sales of China's top 100 chain enterprises hit RMB 1.66 trillion, up 21.2% YoY, accounting for 11% of the total retail sales of social consumer goods. In the meantime, the number of stores of top 100 chain enterprises reached 150 thousand in 2010, up 9.8% YoY, which was the lowest growth rate since 2003; moreover, 18 of the 100 enterprises did not open new stores, and some even shut down existing stores in the year.
In 2010, among the top 100 chain enterprises in China, there were 21 overseas-funded enterprises, including 12 supermarkets, 5 department stores and 4 home appliance & catering enterprises. The total sales revenue of these 21 enterprises achieved RMB 353.9 billion, occupying 21.3% of the sales revenue of top 100 chain enterprises, with a YoY rise of 22.4%. In 2010, the store expansion rate and sales growth rate of overseas-funded enterprises were generally higher than those of domestic-funded enterprises. Specifically, 6 overseas-funded enterprises achieved a store expansion rate of over 20% in 2010.
Department store:
In 2010, 35 of China's top 100 chain enterprises are department stores, whose average growth rates of sales revenue and outlet quantity reached 23.2% and 18.5% respectively, obviously exceeding the average level of chain industry.
Supermarket:
In 2010, overseas-funded supermarket enterprises kept a rapid development pace in general. Top 5 overseas-funded supermarkets opened 140 new stores, up 22% YoY.
Jewelry:
During 2010-2011, among domestic jewelry enterprises, Shanghai Lao Fengxiang Co., Ltd. has kept the leading position, with its operating income increased by 49% YoY to RMB 6.49 billion in Q1 2011.
Companies Mentioned:
- Bailian Group
- Bossini International Holdings Limited
- Carrefour
- China Dongxiang (Group)
- CHJ Jewellery
- Chongqing Department Store
- CR Vanguard
- Dashang Group
- Gome Electrical Appliances
- Hefei Department Store Group
- Hiteker
- Holiland
- Hualian Hypermarket
- Jiangsu Five-Star Appliance
- Lao Fengxiang
- Li Ning Company Limited
- Ming Jewelry
- Nanjing Guihuaya (Group)
- New World Department Store
- Shanghai Laiyifen
- Silver Plaza Group
- Suning Appliance
- Wal-Mart
- Wangfujing Department Store
- Wuhan Zhongbai
- Zhejiang Wufangzhai Industry
- Zuoshangke Snack Foods
For more information visit http://www.researchandmarkets.com/research/bef8d7/china_retail_indus