2017 Retail Top 100 Released Solid Retail Business Warming Trend Continues

On June 21st, the thirteenth China retailer conference was held in Chongqing.

Data show that in 2017, China's consumer goods market continued to grow steadily, and the fundamental role of consumption in economic growth was further strengthened.

In 2017, the total retail sales of consumer goods totaled 366262 billion yuan, up 10.2% over the same period last year, and maintained a two digit growth rate.

Zhang Zhigang, deputy director of the eleven national economic commission and former president of the China Federation of Commerce, said at the conference: "at present, China's electricity providers are growing rapidly. The amount of online shopping has exceeded 3 trillion in 1-5 months this year, and the growth rate has continued to be over 30%, accounting for 16.6% of the total social and total volume.

In the future, domestic trade circulation enterprises should have seamless connection with consumers, and realize the pformation and upgrading of China's retail industry in the process of opening wider to the outside world.

In the past 2017, the development environment of retailing industry has been continuously optimized, and the majority of retail enterprises have been actively taking the initiative to upgrade and accelerate the pace of innovation and retail.

The overall growth is fast.

According to the statistics of the China Federation of Commerce and the China National Business Information Center, the sales volume of China's top 100 retail enterprises reached 6 trillion and 80 billion yuan in 2017, an increase of 26% over the same period last year, an increase of 7.5 percentage points over the same period last year, which is 15.8 percentage points higher than that of the total retail sales of social consumer goods.

Among them, 7 electric business sales scale reached 3 trillion and 570 billion yuan, year-on-year growth rate reached 41.2%; 6 "entity + electricity supplier" enterprises achieved a year-on-year growth rate of 15.5%, the remaining 87 entities retail enterprises in the top 100 retail business increased 7.5% over the same period, and the growth rate was warmer.

As the largest B2C retail platform in China, Tmall sold 2 trillion and 110 billion yuan in 2017, ranking first in the top 100.

Jingdong and big business group followed closely, and the three occupy the top three list of top 100 retailers respectively.

According to the statistics of the China National Business Information Center, the number of top 100 sales accounted for 16.6% of the total retail sales of social consumer goods in 2017, an increase of 2.1 percentage points over 2016, the highest proportion since 2006.

Among them, 6 enterprises sold 100 billion, and 68 enterprises sold billions of dollars. In 2017, the number of the top 100 retailers was 4 billion 480 million yuan.

While sales are steadily rising, the net profit growth of Listed Companies in the top 100 companies is gradually changing from negative to positive.

Data show that in 2017, the median growth rate of net profit for 26 listed companies in the top 100 retail enterprises was 24.9%, and the growth rate was 38.5 percentage points higher than that in 2016.

At the same time, the rapidly changing market environment in China has also challenged some foreign retailers.

According to the data released by major foreign retail giants, there were 77 new outlets in 7 major foreign retail businesses in 2017, an increase of 5 from last year and 39 stores, an increase of 14 over the previous year.

Shops, WAL-MART, bu Lianhua and Yong Wang opened more stores in 2017 than in 2016, and the number of new retail outlets of other foreign retail giants was less than that of 2016.

Among them, the number of new stores opened by Auchan in 2017 was only 1, and the number of new stores in 2017 was 7 less than that in 2016, and it was the fastest growing foreign investment enterprise.

On the other hand, the number of foreign retail giants in 2017 was higher than that in 2016 except for the big lotus and the lotus.

Among them, WAL-MART closed 24 stores, an increase of 11 compared with last year, the situation of comprehensive new stores, WAL-MART stores in 2017 the biggest adjustment.

Wang Yao, the vice president of the China Federation of Commerce and the director of the China National Business Information Center, said: "at present, the consumer goods market in China has changed from high speed development to medium speed development. The growth rate of the consumer goods market in China, especially the large retail enterprises, is gradually decreasing from the development trend.

Therefore, at present and in the future, a key problem faced by retail enterprises is how to make profits in the environment of low speed growth. "

Wang Yao said that retail enterprises, especially physical retail enterprises, should maintain profitability, first, reduce costs, and the two is to maintain steady growth in sales.

Technology such as Internet, big data, cloud computing, Internet of things, artificial intelligence and so on, our country has been at the forefront of development, and has been widely applied in online retailing.

The accelerated application of these modern information technology entities is an inevitable trend of development. It is also an important, key and effective solution to build an efficient supply chain, reduce costs and meet diversified and personalized needs of consumers.

Over the past few years, although online platform retailing has been developing rapidly, it is difficult to satisfy consumers' needs for improving the quality of commodities because of its weaknesses and limitations in meeting the needs of diversification, personalization, experience and promoting commodity quality, service quality and integrity level.

Experts said that during the great changes of retail industry, an important part of the pformation of retail industry is to enhance the quality of products and innovate the mode of formats to meet the needs of consumers to enhance the quality of commodities, and to meet the general trend of market diversification, multifaceted, multi-level and personalized development.

At the same time, physical retailing will also play a larger, more important and important role in increasing employment, promoting cities and promoting cultural exchanges. Physical retail will once again enter a more active stage of development. It is still a major force in promoting commodity quality and the main channel and main force to meet diversified and personalized needs.