SPAR China Partners Go Up on "2019 China Top 100 Chain Retailers" List
Published on: 2020-06-05
On June 2, the China Chain Store & Franchise Association (CCFA) released the list of "2019 China TOP 100 Chain Retailers", based on the results of the "2019 Industry Situation and Top 100 Chain Store Survey". In 2019, the sales scale of China's top 100 chains was nearly 2.6 trillion yuan, an increase of 5.2% year-on-year, accounting for 6.3% of the total retail sales of consumer goods. The total number of top 100 chain stores was 144,000, a year-on-year increase of 5.9%. The top 100 chain enterprises provide more than 1.6 million jobs.
Among them, SPAR China has three partners who have been firmly ranked in the Top 100 for many years and have increased year by year:
SPAR Shandong Jiajiayue Group ranked 26th on the list with a total sales scale of CNY 28,951,320,000, increased by 11.7%, and the total number of stores operated by the group increased by 7.0% to 790.
SPAR Guangdong Jiarong Group ranked 65th on the list with a total sales scale of CNY 7,378,090,000, increased by 14.1%. The total number of stores operated by the group increased by 21.5% to 147. Increased by 11 places, compared to the 2018 list.
SPAR Beijing Huaguan Group ranked 79th on the list with a total sales scale of CNY 5,859,670,000, increased by 5.8%. The total number of stores operated by the group increased by 4.9% to 85. An increase of 3 places, compared to the 2018 list.
In recent years, the China retail industry has become more competitive and the market has become more complex and dynamic. SPAR China partners have been able to develop steadily with solid foundations such as store operations and logistics distribution for many years. And recently, SPAR China partners created a new supply chain platform for joint purchasing and negotiation, achieved cost reduction in store and DC expansion, and to tap new potential in products sourcing.