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August 30, 2016

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Home » Business » Consumer

FMCG sales rebound 3.6%

SALES of fast moving consumer goods in China rose 3.6 percent in the three months ended July 15, after performing sluggishly in the prior three months, according to a latest study.

Sales in the hypermarket segment as a whole increased, with Sun-Art Group posting a 10.7 percent jump while Yonghui Group soared 33.4 percent from the same period a year ago, market research firm Kantar Worldpanel said yesterday.

Sun-Art Group, which operates the RT-Mart and Auchan brands, retained its leading rank with a 7.6-percent market share followed by Vanguard Group as both retailers expanded in the middle and western regions of the country.

Meanwhile online spending of fast-moving consumer goods made up 5.5 percent of the total sales volume in the quarter ending July 15.



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