Since Carrefour opened its first foreign supermarket in Beijing at the end of 1995, foreign supermarkets and convenience stores have been in China for 23 years.
In 20 17, Wal-Mart opened 3 new stores in China, including 27 hypermarkets and 4 Sam member stores, bringing the total number of Wal-Mart stores in China to 44 1 store. In 20 17, Wal-Mart's turnover in China reached 80.278 billion RMB, ranking third in China, second only to CR Vanguard and RT Mart.
Wal-Mart bought a 35% stake in Trust-Mart at a price of US$ 264 million, and provided loans of US$ 376 million to other shareholders in exchange for voting rights of another 30%, effectively controlling the operation of Trust-Mart. After Trust-Mart was acquired by Wal-Mart, its facade was changed to Wal-Mart's signboard.
From 65438 to 0995, Carrefour from France first entered China. At the beginning, due to policy restrictions, Carrefour's development in China was not fast. By the end of 20001,China officially joined the WTO, promising to open the domestic retail market within three years. In 2004, China lifted the geographical, equity and quantity restrictions on foreign investment in the retail sector, and the retail market was fully opened to the outside world.
In 20 17, there were 32 1 stores in China with a turnover of 47.995 billion RMB. In recent years, Carrefour's business situation in China is not good, first it was defeated by Wal-Mart, then by Yonghui Supermarket, and finally it had to sell some shares. 2065438+20081October 23rd, 65438+2008, Carrefour announced that it would transfer part of its equity to Tencent and Yonghui Supermarket.
Metro from Germany, in 20 17, Metro had 92 stores with a turnover of 21300 million RMB, and the average turnover of a single store was 23150,000 RMB.
Metro 1995 came to China and established Jinjiang Metro Cash-and-Carry Co., Ltd. in cooperation with the well-known Jinjiang Group in China. This is the first joint venture approved by the central government of China to establish chain shopping malls in several major cities in China. Unlike ordinary supermarkets, Metro is a membership-based warehouse supermarket. You must have a membership card to shop, but applying for a membership card is free.
Auchan from France, 20 17 has 77 stores in China, with sales of156.97 million RMB. In 20 18, Auchan Group ranked among the world's top 500 companies 156, with a turnover of $60.0276 billion and a net profit of $3 10/00000. Auchan 1999 entered China, and 200 1 formed Gaoxin Retail with RT Mart.
Lotus 20 17 from Thailand has 95 stores in China with sales of127 million yuan. On June 23rd, 1997, the first supermarket of CP Lotus opened in Yanggao South Road, Pudong, Shanghai. In the next 20 years in China, the development of supermarkets was not smooth, and they were in a loss situation for a long time.
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In addition, Lotte Supermarket from South Korea basically withdrew from China on 20 18 due to the Sadr incident. Wankelong enters China and then exits. Although the scenery of this enterprise is no longer beautiful, its name still affects today. Many supermarkets have painstakingly named it Clone, such as Jingkelong, Chongkelong and Shunkelong.
South Korean e-mart, Malaysian Parkson Department Store, Japanese Ito Yokado, British Tesco, British Marks & Spencer have also withdrawn from the China market due to acclimatization.