Yesterday, an announcement issued by Yonghui Supermarket, a local supermarket brand in Fujian, attracted the attention of the outside world. According to the announcement, it is planned to give Dalian Yujin *** Dalian Wanda Commercial Management Group shares ***143% stake. "Yonghui wants to revitalize its assets to save itself!Some industry insiders said that although this move can bring about 300 million yuan of cash flow to Yonghui Supermarket during the year, it is still unknown to Yonghui whether it can turn losses into profits this year.
The first share of fresh food "two consecutive losses."
On the evening of December 13, Yonghui Supermarket issued an announcement saying that it planned to take 45300 million yuan to Dalian Yujin *** Dalian Wanda Commercial Management Group shares *** shares 38.9 billion shares, accounting for 1 of the total share capital of Dalian Wanda Commercial Management43%。After this transfer, Yonghui Supermarket no longer holds shares in Wanda Commercial Management.
As the "first fresh stock" in the past, this move can be described as a breakthrough under the dual pressure of store adjustment and business transformation.
According to public information, Yonghui Supermarket will have a net loss of 39 in 20214.4 billion yuan. In 2022, Yonghui Supermarket will lose 29 percent year-on-year94%, but the net profit is still negative, and the loss is as high as 276.3 billion yuan.
In the first three quarters of this year, Yonghui Supermarket achieved an operating income of about 6208.8 billion yuan, down 1244%；The net profit attributable to shareholders of the listed company was about 5229120,000 yuan.
Yonghui said in the announcement that the asset transaction aims to revitalize the company's assets, which is in line with the company's strategy of reducing the scale of investment. It is worth noting that the full transfer price of this transfer will be paid to Yonghui Supermarket in eight installments, of which after the completion of the first phase of equity transactions, this batch of equity transactions will increase Yonghui Supermarket's pre-tax profit by 2859580,000 yuan, cash flow increased by 300 million yuan. Whether Yonghui can turn losses into profits this year remains to be verified.
The sound of traditional supermarkets closing stores continues.
In fact, Yonghui sells shares to cash out, which is just a microcosm of the current dilemma faced by traditional supermarkets.
Not long ago, retail listed companies have released three quarterly reports, in the context of the gradual recovery of the economy, the overall situation of traditional retail enterprises is still not optimistic. According to the statistics of "Professional Retail Network", among the 9 supermarket listed companies, only one revenue increased in the first three quarters, and the other 8 all declined to varying degrees. Among them, the highest decline reached 6995%, Xiamen people are well-known and everyone is happy to fall 2687%, Yonghui supermarket fell 1244%。
This winter, Carrefour's first store in Shanghai in Quyang announced the closure of business, leaving only empty shelves and the memories and regrets of many consumers on Dianping, and also marking that the number of Carrefour stores in China fell to single digits.
According to statistics, in the first half of this year, a total of 322 supermarkets among the 13 supermarket listed companies closed stores, and if Carrefour supermarkets are included, at least 428 supermarkets closed in the first half of this year.
In Xiamen, in February this year, the last store of CR Vanguard in Xiamen announced the closure of all operations;In March, Walmart's California store announced the closure of its store due to "lease expiration".Going back further, Xiamen's first Wal-Mart, which had been with people for 21 years, also ceased to operate, and even the Ruijing Commercial Plaza store, which is still in business, often has few customers, and most of the checkout channels have been closed for a long time.
The warehouse membership store has a unique view.
Under the internal pressure of high rent, high labor and heavy assets, and the external pressure of meeting the requirements of value consumption and cost performance, the decline of traditional supermarkets and hypermarkets seems to be an unstoppable trend, but it is also in this context that the new business format represented by warehouse membership stores has shown a rapid growth trend and has been advancing all the way.
For example, from 2018 to 2022, the number of Walmart hypermarkets in China dropped sharply from 420 to 322, and nearly 100 stores were closed in five years. At the same time, Sam's Club has opened 45 stores in 25 cities across the country, opening about 6 new stores every year, and the proportion of revenue contribution is increasing year by year.
As of July 1 this year, Xiamen Yuanchu Food has opened 179 community fresh supermarkets, 13 convenience stores, 6 fresh vegetable markets, and 6 e-commerce front warehouses in Xiamen, Shenzhen, Dalian, Quanzhou and Vancouver, Canada, with a total of 204 stores in various formats. Among them, there are nearly 100 stores in Xiamen.
In addition to the big brands with good strength, some small enterprises are also constantly "testing the waters". An agricultural and sideline products distribution center in Huli District, which is characterized by a warehousing supermarket + food distribution warehouse, has recently become popular "out of the circle" due to the "industrial style" decoration and the same shopping experience as the warehouseA snack store in California Commercial Plaza, which has gained a lot of fans with its rugged "factory sense";Robinson Square is a global selection discount warehouse, also known as the "factory supermarket" by fans.
Journalists observe. Warehouse membership stores are not a "lifesaver".
Unable to stand the "hard days", some retailers regard the transformation of warehouse membership stores as a "life-saving straw". Is this really the only way out?Otherwise.
In 2021, Carrefour, which has been losing money year after year, is preparing to open its first membership-based store, and plans to fully upgrade 100 stores within 3 years, hoping to save the defeat. But in the end, under the pressure of external and internal factors such as peer competition, Carrefour still withdrew from the Chinese mainland market. "The transformation of warehousing membership stores means higher requirements for commodity management capabilities and first-class chain capabilities. Mr. Li, a businessman in Xiamen, said that with consumers' higher demands for supermarket specialization, high-end and personalized elements, the pressure resistance of the warehouse member store will be the new focus of competition.
It is understood that in addition to physical stores, Sam's Club also meets the needs of members at multiple levels and scenarios through a variety of online delivery services such as one-hour express delivery, city-wide delivery, and nationwide delivery. Yonghui Supermarket also stated in its mid-year performance forecast that Yonghui will continue to transform full-warehouse, half-warehouse and store warehouses by relying on offline stores, develop satellite warehouses, and accelerate the promotion of the "warehouse-store integration" model. However, although Yonghui said that the results of Daojia's business are gratifying, the financial statements have not shown signs of improvement.
It is not difficult to see that the transformation of warehousing stores will inevitably experience high thresholds and fierce competition, and whether they can use warehousing membership stores to achieve "turnover" is still a big test for traditional supermarkets.
Herald reporter Sun Chunyan.