Yonghui overview

Find out about the retailer's strategic priorities, commercial focus areas, channel and country presence.

Yonghui: data

See data on the retailer’s performance and forecasts for its operations by channel.

Asia retail outlook 2021

We highlight five trends set to shape the food and consumer goods retail market across Asia in 2021.

China Country Presentation

This guide to China explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

Latest News

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The country is seeing a wholesale store boom. Yonghui opened its first wholesale store in May 2021, it now has 45 such stores.

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The retailer has opened 34 new supermarkets in December and an additional three in January, bringing its total store network to 1,022.   Transition from regional to national operator As one of the fastest growing grocery retailers in China, Yonghui is regarded by many as a regional operator. Founded in Fujian in 2001, it entered Chongqing in 2004 and then Beijing in 2009. One of its focu...
We review major events that took place in China's grocery retail industry in the past year. 1. Flourishing of community stores Community store is the next big thing in China. It is estimated that 30% - 40% of the urban consumption expenditure is within 1 km of the community in China. It is an area that big format stores and online players find very hard to reach. The pandemic has acce...
Yonghui has closed three Bravo supermarkets and 14 Mini Stores in China. Our view Despite the recent store closures, Yonghui remains one of the fastest growing retailers in China. Revenue grew 20.4% in 2019. Its strong fresh offer and omnichannel operations continue to support growth. Yonghui remains committed to format innovation and store expansion. It opened, for example, more than 500 ...
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