Chapter 1168 Eight Giants of Department Stores(1/2)
In October, there are many things going on in the distance.
Starting from the beginning of the month, the Weibo international version was first launched, the Wankatong mobile version was launched, the Yuanfang Logistics Park was opened, and the investigation team entered Wankatong...
Then there was Weibo's B round of financing, the option incentive plan was released, and the professional level was unified.
Shancheng is still starting a war with Yonghui Supermarket, East China is integrating with China Resources, and Yuanfang Airlines is also setting up a location...
And the second round of the Far City project has officially started!
Li Dong allocated 10 billion yuan to acquire another 10 pieces of land. Together with the first 10, 20 distant cities will land in China at the same time in about 10 years!
At this point, Yuanfang Group has entered the second round of expansion mode.
In the past few years, the distance was laid the foundation. Since the second half of 2008, the distance has begun to deepen and expand in depth.
...
And just as everyone is looking at the Internet industry in the distance.
Domestic retail companies seem to have all been brewing, or they feel the opportunity, and take advantage of the distance when they don’t care, they will take action.
Since early October, major retail groups have been taking frequent actions.
In terms of supermarkets, on October 1, Dashang acquired the Northeast local retail giant Eurasia Supermarket to host Xinglong Family, and acquired several local retail giants such as ZTE Supermarket and Central Red Supermarket.
At this point, Dashang completed all retail layouts in the Northeast region.
Dashang, known as the "retail Siberian tiger", began to recuperate, and retail turmoil in the Northeast has calmed down.
In the three northeastern provinces, retail is respected by big businessmen.
In North China, Wumart has completed the integration of Xinhua Supermarket. Because Dashang focuses on the territory of the three northeastern provinces, it gave up snatching the controlling stake of supermarkets in the capital with Wumart.
Based on this, Wumart finally acquired the controlling stake in supermarketfa after twists and turns.
The three major local giants of Beijing retail, Wumart, Supermarket Fa, and Jingkelong, are now completely incorporated.
There is even news that Wumart has made up the idea of Jingkelong and is determined to integrate all the local retail forces in Beijing to fight against the invasion of other foreign capitals.
The most important foreign capital mentioned by Wumei is the Yuanfang Supermarket.
After Yuanfang Supermarket acquired Carrefour, Carrefour originally occupied a large market share in the Beijing-Tianjin area. With the combination of the two, even a local retail giant like Wumart also felt suffocating.
In addition to the Beijing-Tianjin region, North China also includes Hebei and Shanxi provinces. However, the local retail system of these two places is weak, so only the Metego Supermarket in Jin Province has entered the top 100 retail sales, making it a little famous in North China.
The others are more foreign capital, Gao Xin formed by Auchan and RT-Mart, Lianhua, Yichu Lianhua, and China Resources Vanguard...
Integrations including Far and Carrefour have large-scale layouts in North China.
Not used in Northeast China and North China department stores, it has created a situation where the four foreign capitals, namely China Resources, Gao Xin, Bailian, as well as the three local giants, Wumart, Jingkelong and Meitehao.
In the East China region, it is much clearer than in other places.
The entire East China can be regarded as two major parts, with the Shanghai market as the dividing line, and the five places in Jiangbei, Jiangsu, Zhejiang, southern Jiangsu, Shandong Province and Jiangxi Province are mainly based on distant places and China Resources.
In the Shanghai Stock Exchange and southern Fujian, Bailian and the agricultural, industrial and commercial consortium have the advantage.
Other local systems such as Intime and Yonghui are now shrinking their scope, consolidating the inherent market, and no longer daring to attack.
Now China Resources and Yuanfang have joined forces, and Bailian and Agriculture, Industry and Commerce have joined forces.
Originally, Bailian and agriculture, industry and commerce were just joining forces, but the two sides did not merge. However, on October 7, news came from the Shanghai Stock Exchange State-owned Assets Supervision and Administration Commission that Guangming Group was about to be reorganized.
Agricultural, industrial and commercial enterprises are likely to be divested and completely incorporated into Bailian.
The Shanghai Stock Exchange hopes to increase Bailian's strength and expand its influence to resist the invasions of distant places and China Resources.
Local protectionism has existed since ancient times.
Even if an international metropolis like the Shanghai Stock Exchange does not restrict foreign companies, it is what they want to see if they increase the competitiveness of local companies.
Once Bailian and agriculture, industry and commerce are defeated by China Resources, the local retail in Shanghai will be completely controlled by foreign companies.
In South China, Walmart ranked first after the acquisitions of many companies, with CR Vanguard following closely, RT-Mart ranked third, and local Xinyijia, Renrenle, several companies, but they couldn't even enter the top three.
As a coastal region, South China is also the region with the strongest foreign investment.
Even if China Resources makes its fortune, it cannot withstand Walmart's offensive.
The local departments of the three provinces in central China respect the Martial Arts and Commerce League. Under the fierce momentum of the distant and China Resources, Zhongbai finally realized that he had made a big mistake and led the wolf into the house.
The distance is not a wolf, but a group of hungry wolves, which may completely ruin a hundred futures.
After several hesitations and the promotion of Hubei Province, under the strong external threat, the three major retail giants of Hubei Province, Zhongbai, Zhongshang and Hubei Wushang, finally chose to sit down and negotiate and reorganize.
On October 10, the three parties announced that they would soon form a group of the Wushang Federation.
The retail structure of the five major regions of East China, North China, Central China, South China and Northeast China has been relatively clear.
In the southwest and northwest, except for the Shancheng Commercial Federation, there is no local leader.
If the major giants had not been eager to integrate forces in the eastern region and start preparing for war, local small and medium-sized enterprises in the western region would have been divided up long ago.
At this point, with the continuous changes of major department store chain giants, they may expand or shrink.
Xinyijia, who had a strong force before, completely withdrew from the ranks of hegemony, and the new cooperative trade was also swallowed up by several giants in the local market, which was in danger.
The stable situation in the first half of the year changed again, forming a situation where eight retail giants, including China Resources, Bailian, Wal-Mart, Gao Xin, Dashang, Wumart, and Wushang League, compete for dominance.
Foreign-invested enterprises, Carrefour, completely dissipated. Tesco and Lotte, foreign-invested companies, have seen the rise of giants in China, and several foreign-invested retail companies that have been one step slower. Seeing this situation, apart from lamenting that they are unable to turn things around, they have no desire to win.
Except for Walmart and Gao Xin, which ranked among the eight giants, other foreign capitals have withdrawn from the competition.
The eight giants occupy most of the Chinese market.
The second-level one is mainly composed of Jingkelong, Metego, Intime, Xinyijia, Renrenle, Yonghui, Shancheng Commercial Federation... these local departments, as well as foreign capital such as Tesco and Metro.
The situation at Huaxia Department Store retail is clearly visible.
In addition to the supermarket industry, another major business in the retail industry is home appliance retail.
Home appliance retail is much clearer than supermarket retail. Suning, Gome, Dazhong, Yongle, Five Star, Best Buy, Sanlian Trading Club, Hongtu Sanpo, Dixintong, and Shengxing Electric Appliances divide 80% of the national market.
Among them, Yongle and Sanlian Trading Company were annexed by Gome, Dazhong was annexed by Suning, Five Stars was annexed by Best Buy, and Shengxing Electrical Appliances was facing bankruptcy under the impact of the financial crisis.
The ten major appliance retailers instantly eliminated five of them, leaving only five giant companies competing for the competition.
Best Buy has no action yet. Although Dixintong is known as a giant, it is actually weak in strength. Gome and Suning are unable to intervene in the battle, and there is a situation of two strong competitions in the home appliance field.
However, in the case where everyone has forgotten.
The three e-commerce websites, Yuanfang Mall, Tmall Mall, and JD Mall, are gradually emerging and begin to embezzle the physical home appliance field.
Major supermarkets in the distance are gradually increasing their own home appliance business.
With the support of Walmart, JD.com also began to take the idea of several traditional home e-commerce companies in Suning and quietly began to invade their inherent markets.
For a moment, the storm was about to come.
However, in the context of the financial crisis, everyone is restraining and silently accumulating strength.
Once the strength is sufficient, a long-lasting war for China's retail industry will inevitably break out.
...
October 13.
Li Dong held a meeting of supermarket executives.
The two vice presidents of the group, Sun Tao and Wang Yue, attended the special attendance, and other senior executives include Chen Lang, Tan Haiying, Chen Heming, Zhang Mingduo, Qi Yunna and others.
Conference room.
When everyone arrived, Li Dong had arrived in advance.
When Sun Tao and his friends came, Li Dong lay on the table to study a map.
When everyone arrived, Li Dong smiled and said, "Everyone, look at it. The current situation is gradually becoming clearer. Before, we watched the flowers in the fog, and we were all in a ball, but now we finally made the situation clearer."
Everyone stood up and looked over.
Li Dong saw a lot of people and smiled and said, "Haiying, you are an Internet player. Go back and get a few electronic maps, and we have to keep pace with the times."
Tan Haiying nodded quickly.
Chen Lang looked at the map and said, "Mr. Li, is it going to start a war again?"
"Why are you saying so alarmist? What does it mean to start a war?"
Li Dong laughed and said, "Just let everyone know what they think. There are still a few months left for this year. I will set a goal for you to save you from headless flies."
Chen Lang laughed dryly and set a goal. He didn't know how many goals the far-far supermarket are now.
This year, the expansion of South China, North China and central China provinces alone has made Chen Lang very worried.
There is also the mountain city where Yonghui is very resilient and has not won it for a long time, which is also a problem.
Now Li Dong still says that their headless flies are spinning around, isn’t this a joke?
After being speechless, Chen Lang didn't speak, let alone anything else.
Li Dong ignored them and pointed to the map and said, "Now, in East China, the situation is the clearest, but also the most complicated.
Bailian and agriculture, industry and commerce have joined forces to form a super aggregation, and their strength has skyrocketed.
To be continued...