Annual Retail Report China

Total Page:16

File Type:pdf, Size:1020Kb

Load more

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 2/26/2016 GAIN Report Number: CH166008 China - Peoples Republic of Post: Guangzhou Annual Retail Report Report Categories: Retail Foods Market Development Reports Approved By: Hoa Van Huynh Prepared By: Yaqing Liu, Tong Wang, Shiliang Xu, Rex Zhang Report Highlights: China’s economic growth rate has dropped for the fifth consecutive year; it however continues to be a huge potential food market that U.S. exporters should not ignore. Food consumption accounts for 31% of the annual urban household expenditure. There are multiple challenges in such a complicated and changing market. Demand for imported food and beverage is expected to remain resilient. The major drivers of China’s retail growth include continuous urbanization and rising number of middle class as well as the increasing per capita disposable incomes. In addition, innovative business models such as internet and mobile business have created vibrant marketplaces and shopping tools. 1 | P a g e General Information: Table of Contents ......................................................................................................................................................... 1 Executive Summary: ....................................................................................................................... 3 Section 1: Overview ........................................................................................................................ 4 1.1 Economic Situation .......................................................................................................... 4 1.2 Demographic development .............................................................................................. 6 Section2. Retail Market Updates ................................................................................................... 8 2.1. Food Retail Updates ......................................................................................................... 8 2.2. Hypermarket and supermarket ....................................................................................... 11 2.3. Convenience Stores and Specialty Stores ...................................................................... 14 2.4. Digital Shopping Tools .................................................................................................. 15 Section 3: Suggestions to U.S. Food Exporters ............................................................................ 16 3.1. Opportunities and challenges ......................................................................................... 16 3.2. Promising U.S. Food ...................................................................................................... 17 3.3. Market entry tips ............................................................................................................ 18 Section 4: Regional Markets Profile ............................................................................................. 19 4.1. ATO Beijing: North China ............................................................................................ 19 4.2. ATO Shanghai: East China ............................................................................................ 21 4.3. ATO Guangzhou: South China ...................................................................................... 27 4.4. ATO Shenyang: Northeast China ................................................................................... 31 4.5. ATO Chengdu: Southwest China ................................................................................... 35 Section 5: Appendix ...................................................................................................................... 39 5.1. FAS China Contacts: ...................................................................................................... 39 5.2. Key retailers in Southwest China ................................................................................... 40 5.3. Major Food Retailers in Northeast China ...................................................................... 42 2 | P a g e Executive Summary: China’s economic growth rate continues to drop for the fifth consecutive year; however, it is still a huge potential food market that U.S. exporters should not ignore. Food consumption accounts for 31% of the annual urban household expenditure in China. Despite the economic slow-down, consumption of imported food and beverage is expected to remain resilient. China’s annual retail trade sales valued $1.76 trillion in 2014 with the total retail sales of consumer goods valued at $431.5 billion, up 12% from 2013. If calculated by sector, China’s total integrated retail sales reached $413.8 billion in 2014. While offline retail sector is undergoing a critical transition phase, online retail business is growing dramatically and accounts for over 11.4% of the total integrated retail sales in the first half of 2015. With a much complicated economy climate and a diversified and segmented retail market in China, earning profit has become much (Source: dreamtime.com) harder for retailers. As a result, offline retailers seek ways to differentiate themselves. With a huge population of 1.367 billion, consumers have demonstrated very different purchasing habits. Therefore, tailored marketing plans should be implemented to target different consumer group and for specific distribution channels. Key words for consumers: Convenience: easy to buy, easy to pay, home delivery, online and mobile, we-chat Value: brands, status, nutritious benefits, freshness, safety, traceability, price Fun: do-it-yourself, innovative packages, group purchase Key words for retailers: Integration: supply chain, distribution, multiple formats, merger and acquis ions Digitalization: internet plus, online-to-offline, cross-border, mobile, Ali-pay, We-chat Specialization: Fancy grocery, Specialty fruit, Frozen meat stores Penetration: Merger and acquisition, 3rd and 4th tier cities Key words for U.S. food exporters: Products: packaging design, brands, price, market position, taste, Partner: regulation, distribution channels, marketing strategy, promotions Service: adaptability, the quick learning, fun-entertainment elements 3 | P a g e Section 1: Overview In the year of 2014-2015, China’s GDP grew at single-digit rate. As a matter of fact, 2014 was the fifth consecutive year that China’s retail sales growth rate dropped, mainly due to the economy slow-down as well as the increasing operational cost and labor salary. However, with a population of 1.367 billion, China is still a huge potential retail market. The major drivers of China’s retail growth include continuous urbanization and rising number of middle class as well as the increasing per capita disposable incomes. Besides, innovative business models such as internet and mobile business have created vibrant marketplaces and shopping tools. In 2014 China’s annual retail trade sales was valued at $1.76 trillion. The total retail sales of consumer goods reached $431.5 billion, up12% from 2013. In China, there is a saying “民以食为天 (min yi shi wei tian in pinyin)”, which means “food is the most important in one’s life”. On average, in 2014, food consumption accounts for 31% of the annual urban household expenditure in China. If calculated by sector, China’s total integrated retail sales reached $413.8 billion in 2014. Among which $233.1billion sales was from general merchandise retail stores and $160.5 billion from retail supermarkets. The specialty retail sales of food, beverage and tobacco totaled $ 4.88 billion, up 10% from 2013. In the first half of 2015, internet retail sales accounts for over 11.4% of the total integrated retail sales. This is a great break-through record ever since the first online transaction in China back in 1998. Multiple business models and distribution channels have emerged in China’s retail sector. Integrated supply chain and expanded distribution channels are the new practice. Small sized convenience stores and specialty stores are in favor. Merger and acquisition make the strong players even stronger in both supply chain and distribution channel consolidation. Direct sourcing and multiple retail formats are the new focus in the coming year. Despite the economic slow-down, consumption of imported food and beverage is expected to remain resilient. Imported foods are sold to a range of different demographics. Expatriates and returned Chinese used to form the high end of the market, but this are now occupied by wealthy Chinese and an increasing number of middle-class. However, with a much complicated economy climate and a diversified and segmented retail market in China, there are some challenges for U.S. food exporters. Higher import tariff and longer period of shipment plus concerns on Chinese currency (RMB) depreciation may have some negative impact on potential traders’ purchasing decision on imported items. Tailored marketing plans and consumer analysis should be implemented in different region for specific distribution channels. In short, 2015-2016 is a year composed of opportunities and challenges. 1.1 Economic Situation 4 | P a g e In 2014 and 2015, China’s GDP consecutively grew at a single-digit rate. Although the economic growth (6.9% year on year) in the third quarter of 2015 was better than expectation, it is likely that
Recommended publications
  • Dalian Refrigeration Co., Ltd. 2011 Annual Report

    Dalian Refrigeration Co., Ltd. 2011 Annual Report

    Dalian Refrigeration Co., Ltd. 2011 Annual Report Dalian Refrigeration Co., Ltd. 2011 Annual Report CONTENTS §1 Important Notes⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯ 2 §2 Company Profile⋯⋯⋯⋯ ⋯⋯⋯ ⋯⋯ ⋯⋯⋯ ⋯⋯ ⋯⋯⋯ ⋯⋯ ⋯⋯⋯ ⋯⋯ ⋯ 2 §3 Summary of Accounting Data and Business Data⋯⋯ ⋯ ⋯⋯⋯ ⋯⋯ ⋯⋯⋯ ⋯⋯ ⋯ 4 §4 Changes in Share Capital and Particulars about Shareholders⋯⋯⋯ ⋯⋯⋯ ⋯⋯ 6 §5 Directors, Supervisors, Senior Staff Members and Employees of the Company⋯⋯ 9 §6 The Administrative System of the Company⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯ 13 §7 The Internal Control of the Company⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯ 15 §8 Brief Introduction to the Shareholders General Meeting⋯ ⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯ 16 §9 Report of the Board of Directors⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯ 17 §10 Report of the Supervisory Board⋯⋯⋯⋯ ⋯⋯⋯⋯ ⋯ ⋯⋯⋯⋯ ⋯ ⋯⋯⋯⋯ ⋯ ⋯ 29 §11 Significant Events⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯⋯⋯⋯⋯ ⋯ 31 §12 Financial Report⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯ 37 §13 Contents of Reference Documents⋯ ⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯ 95 1 Dalian Refrigeration Co., Ltd. 2011 Annual Report §1 Important Notes 1.1 The directors and the Board of Directors, the supervisors and the Supervisory Board, and Senior staff members of Dalian Refrigeration Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are not any important omissions, fictitious statements or serious misleading carried in this report, and shall take all responsibilities, individual and/or joint, for the reality, accuracy and completeness of the whole contents. 1.2 The financial report has been audited by ZON ZUN Certified Public Accounts Office Ltd. who has presented unqualified opinion audit report. 1.3 Chairman of the Board of Directors of the Company Mr. Zhang He, Financial Majordomo and the head of Accounting Department Ms. Xu Junrao hereby confirm that the financial report of the annual report is true and complete. 1.4 This report is written respectively in Chinese and in English.
  • 151016 CB China Power of Retailing 2015 CN.Docx

    151016 CB China Power of Retailing 2015 CN.Docx

    China Power of Retailing 2015 China Power of Retailing 2015 1 Foreword 2015 has witnessed the recovery of a global economy and the gradual stabilization of a real economy in China. While the Eurozone economy continues to improve, the differentiation among its economies remains noticeable. “Abeconomics” throws Japan into deep recession. The United States of America, as the only exception, enters the trajectory of a strong recovery and the US dollar has appreciated sharply against other major world currencies. Its well-anticipated rise in interest rate in the fourth quarter forebodes an accelerated devaluation of currencies in most emerging economies. As a result, the pressure on devaluating RMB is mounting. With a slowed growth rate, the Chinese economy has arrived at the stage of new normal. The YoY growth for the first half of the year lingers around 7%, hindered by the deceleration of the three engines that used to propel GDP growth – a sluggish export, a slow growth in investment and a domestic consumption that continues to fall behind expectation. Although the growth rate of the total retail of consumer goods has dropped, it has far outpaced the domestic industrial growth. With the consumer confidence seeing constant improvement that will further free up consumption potential, consumption is expected to continue pulling the economy in the future. A continued fall in oil prices has offset the inflationary pressure, curbing the inflation at a lower level to make room for executing a lax monetary policy. To further boost investment and consumption, and reduce enterprise financing costs, the government has gradually redirected its macro economy from “stabilize growth and adjust structure” to “ensure growth,” making the lowering of interest rate and reserve ratio possible in the second half of the year.
  • Aeon Report Report 20172017 Creating a Future Where Communities Flourish Trees Grow And

    Aeon Report Report 20172017 Creating a Future Where Communities Flourish Trees Grow And

    Aeon Report Report 20172017 Creating a future where communities flourish trees grow and AEON Report 2017 1 Aeon Basic Principles Pursuing peace, respecting humanity, and contributing to local communities, always with the customer’s point of view as its core. Peace The Customer People Community The word (Aeon) has its origins in a Latin root meaning “eternity.” The customers’ beliefs and desires comprise the central core of our philosophy. At Aeon, our eternal mission as a corporate group is to benefit our customers, and our operations are thus customer-focused to the highest degree. “Peace” Aeon is a corporate group whose operations are dedicated to the pursuit of peace through prosperity. “People” Aeon is a corporate group that respects human dignity and values personal relationships. “Community” Aeon is a corporate group rooted in local community life and dedicated to making a continuing contribution to the community. On the basis of the Aeon Basic Principles, Aeon practices its “Customer-First” philosophy with its everlasting innovative spirit. Editorial Policy Aeon Co., Ltd. believes its business activities contribute to a from the aspects of the environment and society. In addition, sustainable society. To further deepen its stakeholders’ with regard to its seven priority issues, including the four understanding of its business activities, from the current society-related priority issues newly specified in a materiality fiscal year Aeon has decided to publish an Integrated Report assessment conducted during fiscal 2016, this section reports that incorporates the Aeon Environmental and Social Report. in detail on management approaches, progress toward key The first half of the Report introduces the orientation of performance indicators and individual activities.
  • Annual Report 2011

    Annual Report 2011

    Annual Report Annual 2011 Annual Report 2011 Year ended February 28, 2011 Corporate Planning Office East Tower, Gate City Ohsaki 11-2, Osaki 1-chome, Shinagawa-ku Tokyo 141-8643 Japan http://www.lawson.co.jp/company/e/ Published in October 2011 ©1975–2011 LAWSON, INC. All Rights Reserved Printed in Japan I can pick up my medications at any time I get started in the morning with – that too helps keep me healthy. fresh-baked bread and coffee. [ Businessman, 55 ] [ Office worker, 26 ] Happiness and Harmony in Our Community 1 Annual Report 2011 I’m always concerned for my family, My money is from mom. And I’m so I’m confident in buying vegetables saving up points with it too. from Lawson. [ Primary school student, 7 ] [ Housewife, 35 ] Happiness and Harmony in Our Community Annual Report 2011 2 Corporate Philosophy Corporate Philosophy Lawson assures that all corporate activities conform to its Corporate Philosophy, and that the Company’s management and employees work together as a team to realize its goals. To this end, we ensure that all of our actions are grounded in our shared values, no matter what changes may take place in the operating environment. Our Code of Conduct requires employees to be responsible for reflecting our values and standards through their actions. 3 Annual Report 2011 Contents 03 Corporate Philosophy 25 Achieving Sustainable Growth 05 Financial Highlights 27 Corporate Governance 07 CEO Message to Shareholders 33 Contributing to Our Customers and Communities 15 Convenience Store Operating Group 37 Environmental Initiatives
  • Global Powers of Retailing 2019 Contents

    Global Powers of Retailing 2019 Contents

    Global Powers of Retailing 2019 Contents Top 250 quick statistics 4 Global economic outlook 5 Top 10 highlights 8 Global Powers of Retailing Top 250 11 Geographic analysis 19 Product sector analysis 23 New entrants 27 Fastest 50 30 Study methodology and data sources 35 Endnotes 39 Contacts 41 Welcome to the 22nd edition of Global Powers of Retailing. The report identifies the 250 largest retailers around the world based on publicly available data for FY2017 (fiscal years ended through June 2018), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook, looks at the 50 fastest-growing retailers, and highlights new entrants to the Top 250. Top 250 quick statistics, FY2017 Minimum retail US$4.53 US$18.1 revenue required to be trillion billion among Top 250 Aggregate Average size US$3.7 retail revenue of Top 250 of Top 250 (retail revenue) billion 5-year retail Composite 5.7% revenue growth net profit margin 5.0% Composite (CAGR from Composite year-over-year retail FY2012-201 2.3% return on assets revenue growth 3.3% Top 250 retailers with foreign 23.6% 10 operations Share of Top 250 Average number aggregate retail revenue of countries where 65.6% from foreign companies have operations retail operations Source: Deloitte Touche Tohmatsu Limited. Global Powers of Retailing 2019. Analysis of financial performance and operations for fiscal years ended through June 2018 using company annual reports, Supermarket News, Forbes America’s largest private companies and other sources. 4 Global economic outlook 5 Global Powers of Retailing 2019 | Global economic outlook The global economy is currently at a turning point.
  • NI Food Producers Guide Dairy Council

    NI Food Producers Guide Dairy Council

    www.nigoodfood.com | Food Producers Guide 1 The People Who Rear, Grow and Make Our Great Local Produce Local Our Great and Make Grow Who Rear, The People 2015 Guide NI Producers Food Food NI Limited Belfast Mills 71-75 Percy Street Belfast, BT13 2HW Tel: +44 (0)28 9024 9449 Email: [email protected] Web: www.nigoodfood.com Food NI @Food_NI www.nigoodfood.com | Food Producers Guide 1 2015 Food NI Producers Guide 2 www.nigoodfood.com | Food Producers Guide Who we are Thanks for picking up this booklet. In case you’re wondering who’s behind it, let us tell you. We are Food NI/Taste of Ulster. We’re all about showcasing the finest food and drink from Northern Ireland. We promote the people who produce it and distribute it to shops and catering outlets. We believe we have world-class ingredients and chefs and we work tirelessly to get that message out near and far. Our producer members represent everyone from the small artisan to the large scale distributors. We have the full support of the Northern Ireland agri-food industry. Our board of directors include all the major stakeholders. The sheer quality of our food and drink has been a secret for far too long. We create showcases for Northern Ireland food at key food events throughout the year. These are where producers can sell what they make and advertise their services. We’re constantly in touch with the media, telling them about what are members are doing. We’re in the papers, on TV and radio and of course, we’re never done updating our website, Facebooking and Tweeting.
  • PRIZES PAID for MAY TOTAL: $6.8 MILLION Facebook.Com/Wvlottery

    PRIZES PAID for MAY TOTAL: $6.8 MILLION Facebook.Com/Wvlottery

    $12,000 – Betty Carbone $2,500 – Angela Knisell $2,500 – Michael Young NORTH 7-Eleven #35948H, Clarksburg Donnie’s, Morgantown Mimi’s Dunbar Village, Dunbar LUCKY ME $700 – Linda Hypes Sunny Spot #10, Lookout 10 GRAND $1,200 – Chad Ohler $15,000 – Francis Lemasters $10,000 – Loretta Lucas Sheetz #254, Morgantown Rollins Market, Clarksburg DID I WIN? $1,000 – Brandon Campbell Fairmont N & Out, Fairmont 7-Eleven #35933H, Charleston PLATINUM TRIPLER $1,200 – Tara O’Neal $1,000 – Loren Walker $1,500 – Betty Blaylock 7-Eleven #35953H, Pennsboro Sheetz #425, Martinsburg 7-Eleven #35969H, Hernshaw 5K $1,000 – Jessica Smith $1,000 – Jerry French Speedway #9791, Huntington $1,200 – Dean Ward $50,000 – Robert Deeds Sheetz #143, Inwood Tyler Exxon, Alma SMART CASH C & M Service Center, Frankford $2,000 – Linda Rogers $1,000 – Billy Staats $1,000 – Mijee Greenburg $1,200 – Janice White Belington Shop N Save, Belington Par Mar #9, Ravenswood Speedway #3311, Parkersburg Go Mart #52, Grafton POWER 7S $1,000 – Carol Woods $777 – Seaira Barnett $5,000 – Virginia Hutson TRAVEL KENO KO Convenience Center, Bluefield Go Mart #28, Alloy $1,200 – James Barlow 7-Eleven #35951H, Salem GOLD RUSH High Life Lounge, Elkins $1,400 – Deborah Orsburn $7,000 – Robert Brooks $1,000 – Edward Morris Fast Stop Food Mart #1, Buckhannon EXTREME GREEN Speedway #9750, Huntington $4,500 – William Evans $1,200 – James Carver NBS Smokehouse #30, Mannington Buckhannon Lodge #598, Little General #2420, Glen Jean $1,400 – Simon Riggleman $777 – Sterling Moon Buckhannon $1,000 – Carl
  • GFSI : Overview and GFSI : Overview and Comparaison of Comparaison Of

    GFSI : Overview and GFSI : Overview and Comparaison of Comparaison Of

    GFSI : Overview and comparaison of schemes CMC May 5, 2011 GFSI Background In 2000….. ¾ FdFood saftfetycrises ¾ Profileration of individual retailer schemes ¾ Burden to suppliers and producers due to frequent audits ¾ Lack of efficiency and high costs in the food supply chain Global Food Safety Initiative ¾ GFSI lhdlaunched at the CIES AlAnnual Congress in 2000, following a directive from the food business CEOs. ¾ Food Safety was then, and is still, top of mind with consumers. Consumer trust needs to be strengthened and maintained, while making the suppl y chain safer. ¾ Managed by The Consumer Goods Forum GFSI managed by The Consumer Goods Forum ¾ An independent global parity‐based Consumer Goods network ¾ Over 650 Members ¾ Representing 70 countries ¾ Over 3 continents Paris, HQ Washington D.C. Tokyo €2.1 trillion THE CONSUMER GOODS FORUM BOARD OF DIRECTORS MANUFACTURER RETAILER COLLEGE COLLEGE 25 25 CEOsCOs CEOsCOs Retailer College Manufacturer College « Safe Food for Consumers Everywhere » GFSI Mission Driving continuous improvement in food safety to strengthen consumer confidence worldwide GFSI Objectives Reduce food safety risks Manage cost GFSI Develop competencies Knowledge exchange and capacity building and networking How does GFSI work? ¾ Benchmarks existing food safety schemes, including pre‐farm gate schemes against the GFSI Guidance Document. ¾ Determines whether a scheme is equivalent to the Guidance Document requirements. ¾ Helps and encourages food safety stakeholders to share knowledge and strategy for food safety and to develop best food safety practice in a common global framework. What GFSI Does NOT Do ¾ Make policy for retailers or manufacturers ¾ Make policy for standard owners ¾ Undertake any accreditation or certification activities ¾ Have involvement with an area outside the scope of food safety i.e.
  • RISKS of SOURCING SEAFOOD in HONG KONG SUPERMARKETS 2019 Every Retailer in the City Must Take a Lead to Help Transform Hong Kong Into Asia’S Most Sustainable City

    RISKS of SOURCING SEAFOOD in HONG KONG SUPERMARKETS 2019 Every Retailer in the City Must Take a Lead to Help Transform Hong Kong Into Asia’S Most Sustainable City

    RISKS OF SOURCING SEAFOOD IN HONG KONG SUPERMARKETS 2019 Every retailer in the city must take a lead to help transform Hong Kong into Asia’s most sustainable city The United Nations’ recent global assessment on biodiversity and ecosystem services sounded a warning that around one million species already face extinction, many within decades, unless action is taken to reduce the intensity of drivers of biodiversity loss. More than a third of all marine mammals are currently threatened. Without proper management of fishing practices and transparent seafood supply chains, there will be degradation of natural habitats and a drop in food security levels in seafood. Ultimately, it will affect the profitability of all businesses that rely on seafood. Hong Kong is the second largest per capita consumer of seafood in Asia. We import over 90% of our seafood from over 170 countries and territories around the world. Our seafood choices affect marine fisheries resources worldwide. As Hong Kong supermarkets play an increasingly important role in supplying seafood to consumers, they can also be crucial in making sustainable seafood more publicly accessible. In October 2016, WWF-Hong Kong published the first report detailing how local supermarket giants were selling globally threatened species and seafood products associated with environmental, social and legal problems. By documenting their existing practices and educating supermarkets about the impacts of their seafood sales on marine resources and our oceans, we sought to raise public awareness and collectively encourage them to set up a comprehensive sustainable seafood procurement policy. There are 29 chain supermarket brands in Hong Kong owned by a total of nine groups or companies comprising over 70% market share in the city’s food retail sector.
  • Global Powers of Retailing Top 250, FY2015

    Global Powers of Retailing Top 250, FY2015

    Global Powers of Retailing 2017 | Top 250 Global Powers of Retailing Top 250, FY2015 FY2015 FY2015 Parent Parent FY2010- FY2015 FY2015 company/ company/ # 2015 Retail Retail group group Countries Retail revenue Country revenue revenue¹ net income¹ of revenue rank Company of origin (US$M) (US$M) (US$M) Dominant operational format operation CAGR² 1 Wal-Mart Stores, Inc. US 482,130 482,130 15,080 Hypermarket/Supercenter/Superstore 30 2.7% 2 Costco Wholesale Corporation US 116,199 116,199 2,409 Cash & Carry/Warehouse Club 10 8.3% 3 The Kroger Co. US 109,830 109,830 2,049 Supermarket 1 6.0% 4 Schwarz Unternehmenstreuhand KG Germany 94,448 94,448 n/a Discount Store 26 7.4% 5 Walgreens Boots Alliance, Inc. US 89,631 103,444** 4,279 Drug Store/Pharmacy 10 5.9% (formerly Walgreen Co.) 6 The Home Depot, Inc. US 88,519 88,519 7,009 Home Improvement 4 5.4% 7 Carrefour S.A. France 84,856 87,593 1,247 Hypermarket/Supercenter/Superstore 35 -3.1% 8 Aldi Einkauf GmbH & Co. oHG Germany 82,164e 82,164e n/a Discount Store 17 8.0% 9 Tesco PLC UK 81,019 82,466 535 Hypermarket/Supercenter/Superstore 10 -2.3% 10 Amazon.com, Inc. US 79,268 107,006 596 Non-Store 14 20.8% 11 Target Corporation US 73,785 73,785 3,363 Discount Department Store 1 2.3% 12 CVS Health Corporation US 72,007 153,290 5,239 Drug Store/Pharmacy 3 4.7% 13 Metro Ag Germany 68,066** 68,066** 821 Cash & Carry/Warehouse Club 31 -2.5% 14 Aeon Co., Ltd.
  • China - Peoples Republic Of

    China - Peoples Republic Of

    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 1/26/2011 GAIN Report Number: CH0816 China - Peoples Republic of Post: Shanghai ATO China Retail Annual Report Report Categories: Retail Food Sector Approved By: Keith Schneller Prepared By: Leanne Wang, May Liu, Tong Wang and ATO-Chengdu Report Highlights: With increased disposal income, urbanization and food safety concerns, Chinese are consuming more U.S. food products; this is partly due to the excellent quality and safety reputation of American food products. While the Chinese economy has slowed this past year, it is still growing faster than any other major economy. This fact and Chinese customers‟ growing taste for imported products, makes the Chinese market very attractive to many U.S. food producers. Executive Summary In response to rising inflation and food safety concerns, more Chinese people are cutting back on eating out and are now cooking more and more at home. Consumers of imported food are generally expatriates and high and upper –middle income locals. They are least affected by inflation and pay great attention to food safety. Consumption of western style products continues to grow as they generally are regarded as good quality, nutritious and safe. Some products, such as fresh fruit, frozen vegetables and nuts, have much deeper penetration, and some supermarkets and convenience stores are becoming more interested in imported products. Rapid economic growth has caused the total U.S. dollar sales value of food and beverages to rise by 26.2% to USD132 billion in 2008.
  • Lawson Online to Help

    Lawson Online to Help

    The 7 Steps - May 2019 1. CONTEXT Mindmap anything you know about the topic, including vocabulary. Do some research Lawson online to help. Listening Questions 1 1. What ranking is Lawson for number of convenience stores in Japan? 2. QUESTIONS . 2. Where was the original Lawson store located? Read the listening . questions to 3. What is the reason behind Lawson’s iconic image? check your understanding. Look up any new 4. Who brought Lawson to Japan? How many stores are there as of 2018? vocabulary. 5. What are some of the unique services Lawson offers? . Listening Questions 2 3. LISTEN 1. When was Karaage-kun launched in Japan? What is it? . Listen and answer the questions 2. What are two unique limited-edition flavors of Karaage-kun? using full . sentences. Circle 3. How many pieces of Karaage are shipped daily? How much is one pack? the number of times and % you . understood. 4. What are some of the features of senior citizen focused stores? . 5. In what way do Lawson stores think about environmental impact? . Listening 1 1 2 3 4 5 Discussion Questions % % % % % 1. Is any convenience store chain clearly superior to the others? How Listening 2 do Japanese convenience stores compare to those overseas? 1 2 3 4 5 2. What have been some interesting features or new services introduced by convenience stores recently? % % % % % 4. CHECK ANSWERS TRANSCRIPT 1 The Lawson chain of convenience stores is well known in Japan for their iconic blue milk pail sign. The company is the third largest convenience store chain in Japan by store number behind Read through the transcript and Seven Eleven and Family Mart.