Related News
Spending on FMCG grows 2.9%
Print Edition
CHINA’S expenditure on fast moving consumer goods in 2016 grew 2.9 percent, marking the slowest growth in the last decade and also a further slowdown from a 3.5 percent growth a year ago, consumer research firm Kantar Worldpanel said in a report yesterday.
Traditional retail channels, including hypermarkets, supermarkets and convenience stores, grew a combined 0.7 percent as they felt the squeeze from an slowing economy and a rapidly growing e-commerce sector.
Local retailers such as Sun Art Group, which operates the Auchan and RT-Mart brands, boasted a 7.8 percent market share. Vanguard Group was next with 6.4 percent.
Wal-Mart saw its market share edge up to 4.9 percent from 4.8 percent a year ago as it focused more on China’s hinterland and adopted a more aggressive online-to-offline strategy.
Yonghui remained the fastest growing player in 2016, rising 0.6 percentage points to 2.8 percent.
- 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.
