Convenience stores post rise in sales
CHINA’S convenience stores posted a 13 percent rise in sales from a year ago to 130 billion yuan (US$18.8 billion) in 2016.
The average daily transaction of a single domestic convenience store gained 4 percent to 3,714 yuan, according to a joint report released by the China Chain Store & Franchise Association and the Boston Consulting Group at the China Convenience Store Convention in Shanghai yesterday.
The total number of convenience stores on China’s mainland rose 9 percent to 98,000 at the end of 2016, the report added.
Market research firm Eurominitor International predicted that the retail value for convenience stores in China is expected to grow 10.5 percent annually by 2020.
Wang Hongtao, deputy secretary-general of China Chain Store & Franchise Association, called for businesses to strike a balance between growth pace and profitability, and be alert to competition from Internet companies.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.