A-Share Listed Supermarket and Multi-format Retail Companies – Rental & Labor Costs Will go up While Interest Rates Will go Down – Research and Markets

DUBLIN, May 15, 2017 /PRNewswire/ —Research and Markets has announced the addition of the “A-Share Listed Supermarket and Multi-format Retail Companies – Profiles and Financial Data” report to their offering.

To meet consumers’ demand for convenience, quality and prices, new retail formats have emerged, such as specialty stores focusing on one variety, combination stores, duty-free stores, membership clubs and boutique supermarkets.

In 2016, total retail sales of consumer goods in China amounted to CNY 33,231.6 billion, increasing by 10.4% YOY. Urban retail sales was CNY 28,581.4 billion, increasing by 10.4% YOY and rural retail sales was CNY 4,650.3 billion, increasing by 10.9% YOY. In terms of consumption types, the sales of the catering industry was CNY 3,579.9 billion, increasing by 10.8% YOY and that of merchandise was CNY 29,651.8 billion, increasing by 10.4% YOY.

In 2016, online retail sales reached CNY 5,155.6 billion, increasing by 26.2% YOY. Among online retail sales, CNY 4,194.4 billion were physical goods, increasing by 25.6% and accounting for 12.6% of the total retail sales of consumer goods. Online sales of food, clothing and daily goods increased by 28.5%, 18.1% and 28.8%, respectively. The import and export value of cross-border e-commerce was CNY 6.5 trillion with an annual growth rate of over 30%. The growing cross-border shopping market has prompted many e-commerce and traditional retail leaders to step into the cross-border business.

According to this report, in 2017, the growth of China’s retail industry will slow down, rental and labor costs will go up while interest rates will go down. These will intensify industry consolidation and increase the market concentration rate. Meanwhile, the integration of online and offline channels will be highlighted.

Companies Mentioned

  • Beijing Hualian Hypermarket
  • Sanjiang Shopping Club
  • Yonghui Superstores
  • Jiajiayue Group
  • Zhongbai Holdings Group
  • Better Life Commercial Chain Share
  • New Hua Du Supercenter
  • Renrenle Commercial Group
  • Chengdu Hongqi Chain
  • Wuxi Commercial Mansion Grand Orient
  • Dashang
  • Chang Chun Eurasia Group
  • Chongqing Department Store
  • Wuhan Hanshang Group
  • Xinjiang Youhao (Group)
  • Yinchuan Xinhua Commercial (Group)
  • Shanghai Bailian Group
  • Shanghai Join Buy
  • Inzone Group
  • Wenfeng Great World Chain Development
  • Xinjiang Winka Times Department Store
  • Hefei Department Store Group
  • Changsha Tongcheng Holdings
  • Wuhan Zhongnan Commercial Group
  • Rainbow Department Store
  • Happigo Home Shopping

Key Topics Covered:

1. Financial Indexes

2. Summary of Income Statement

3. Summary of Balance Sheet

4. Summary of Cash Flow Statemen

For more information about this report visit http://www.researchandmarkets.com/research/jz8qq9/ashare_listed

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/a-share-listed-supermarket-and-multi-format-retail-companies—rental–labor-costs-will-go-up-while-interest-rates-will-go-down—research-and-markets-300456712.html

SOURCE Research and Markets

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