China Retail Industry Report, 2010-2011-Published by ResearchInChina

ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report -China Retail Industry Report, 2010-2011. End Quote

(1888PressRelease) August 12, 2011 - In 2010, the sales of China's top 100 chain enterprises hit RMB 1.66 trillion, up 21.2% YoY, accounting for 11% of the total retail sales of social consumer goods. In the meantime, the number of stores of top 100 chain enterprises reached 150 thousand in 2010, up 9.8% YoY, which was the lowest growth rate since 2003; moreover, 18 of the 100 enterprises didn't open new stores or even shut down existing stores in the year.

In 2010, among the top 100 chain enterprises in China, there were 21 overseas-funded enterprises, including 12 supermarkets, 5 department stores and 4 home appliance & catering enterprises. The total sales revenue of these 21 enterprises achieved RMB 353.9 billion, occupying 21.3% of the sales revenue of top 100 chain enterprises, with a YoY rise of 22.4%. In 2010, the store expansion rate and sales growth rate of overseas-funded enterprises were generally higher than those of domestic-funded enterprises. Specifically, 6 overseas-funded enterprises achieved a store expansion rate of over 20% in 2010.

Department store: In 2010, 35 of China's top 100 chain enterprises are department stores, whose average growth rates of sales revenue and outlet quantity reached 23.2% and 18.5% respectively, obviously exceeding the average level of chain industry. As for Dashang Group, its operating income registered RMB 24.343 billion, up 15.03% YoY. Till the end of 2010, it had approximately 73 department stores in total, with newly added 6 stores in 2010. It is expected that the number of department stores of Dashang Group will accumulate to 78 by the end of 2011.

Supermarket: In 2010, overseas-funded supermarket enterprises kept a rapid development pace in general. Top 5 overseas-funded supermarkets opened 140 new stores, up 22% YoY. Among domestic-funded supermarket enterprises, CR Vanguard continued to hold the leading position, with its operating income increased by 5.6% YoY to RMB 71.8 billion in 2010. As of the end of 2010, it had approximately 3,155 stores, up 7.8% YoY.

Jewelry: During 2010-2011, among domestic jewelry enterprises, Shanghai Lao Fengxiang Co., Ltd. has kept the leading position, with its operating income increased by 49% YoY to RMB 6.49 billion in Q1 2011. Till the end of 2010, Lao Fengxiang had 516 franchised stores, and plans to add 150-160 more in 2011.

With an aim to explore the market potential and master the development trend of China's retail industry, this report makes an in-depth analysis of key issues in the industry, including the status quo of China's retail industry, related policies, investment and financing situation, operation of enterprises, and market segments.

For details of this report please visit：http://www.researchinchina.com/Htmls/Report/2011/6162.html

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