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This guide to China explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

Get up to speed on all of the latest retailer results, the insight into what is driving growth and IGD's five big trends to watch in Asia in 2020.

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Yonghui has closed three Bravo supermarkets and 14 Mini Stores in China.

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Dairy Farm has released its H1 results for the six months ended 30 June. Consolidated sales including 100% of associates and joint venture increased 6% to US$14,547m, but subsidiary sales fell 9% to US$5,240m. Overall performance mixed Sales by the Group’s subsidiaries fell mainly due to the annualised impact of the stores closures in 2019 under the Group’s space optimisation plan in Southe...
Yonghui has posted another strong set of annual results, with total revenue increasing 20.4% to CNY84.8bn (US$11.9bn) for the year ending 31 December 2019. National coverage of China Despite increasing competition and the market’s slowdown in growth, Yonghui continues to be the fastest growing bricks-and-mortar retailer in China. To maintain growth, it continues to develop innovative format...
Yonghui, one of the fastest growing retailers in China, has announced a change in senior management.   Ms. Yang Li leaves VP role Yonghui’s board of directors recently received the resignation of Ms. Yang Li, the Vice President. In a statement released by the retailer dated, April 18, Ms. Yang Li's resignation takes effect immediately. Her replacement has yet to be confirmed, but Yonghui ci...
The sale of a majority stake in Hong Kong-based supermarket chain City’super has attracted interest from CR Vanguard and Yonghui, Bloomberg reports. Hong Kong's landscape may consolidate Earlier this year , Bloomberg reported that Fenix Group was looking for potential buyers to sell its majority stake in City Super Group. The first-round of bids could be as soon as later this month. CR ...

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