2013 year China’s retail top ten events

2013 year China's retail top ten events

1 traditional retail slowdown

A typical commercial industry survey done by the Ministry of Commerce results show that the third quarter of 2013 the retail convenience stores and supermarket sales growth of 13.3 %, 13% , department stores, specialty stores grew 7.4% and 6.5% . From the gross profit margin situation, in the third quarter over the previous year , respectively, among the retail dropped from 0.6 to 1.7 percentage points.

Currently the retail industry had to face the problem of slow increase , the data show that in 2012 a new speed shop chain hundred enterprises reached its lowest level in a decade , was 8 %, while in 2006 to 2009, the data were 26% , 17 %, 24 % and 19 %.

Reason: In the new business environment, the product does not own traditional retail business models will become increasingly unsuited to the transformation of innovation can not wait . Online and offline business model on integration and development , innovation and the development of its own brand on the supply chain , direct sourcing base , are a breakthrough in the direction of the retail business entities .

2 on-line tide off the retail entity

In mid- June this year, RT-Mart announced its entry into the electricity business , in July from the hands of a third party acquired more than 20 million domain names “flying cow net” , August established team structure and senior candidates.

Reason: backgammon , RT electricity providers to establish a subsidiary , means an entity involved in the retail business electricity supplier business has increasingly have the maneuverability , the electricity supplier is not only a huge investment institutions play in this game of “burn ” game, regional entities retailers involved in the electricity supplier ‘s business environment is ripe.

3 together online and offline to start

October 17 , Intime Business Group and Lynx announced a strategic partnership to jointly explore the online and offline (O2O) convergence , Lynx will actively extend the line to build a complete sales and experience chain ; Intime will extend upward The two sides form a complementary advantages. Cooperation between the two sides , including the content , Intime will participate Lynx “double eleven ,” and the future in-depth cooperation in the system level , inventory , membership , service processes.

In May this year , Alibaba Group and Intime Group joint Fosun Group , Fuchun Group , SF , tee up a jointly set up a ” rookie Network Technology Co., Ltd.” , Intime Group chairman Shen Guojun any new company CEO.

October 11 , Hunan Friends A Tencent announced the signing of a cooperation agreement with the construction of the “Friends A micro- purchase” micro-channel public platform that can move online payment, online and offline information sharing , membership cards, binding and other functions.

Reason: changed in the past online , completely against the line between business situation, the two sides began to learn each other’s strengths, potential integration of online and offline become apparent.

4 . The capital ” playing the guitar ” buy foreign

August 9 , CRE and Tesco Tesco UK headquarters also announced that they have signed a memorandum of understanding , the use of their resources in China retail joint venture . October 2 , Tesco Group announced the retail and real estate properties in China and its cash injection of 4.325 billion yuan profit subsidiary of China Resources Enterprise, the original , create a diversified retailers. After the completion of the transaction , CRE and Tesco in the original shareholding interest of 80 % and 20 %, respectively. The transaction will be completed in the first half of 2014 .

October 15 , Wumart with Lotus Board signed a framework agreement to acquire Lotus is located by the poor quality of all continents except Guangdong , Hunan Province, a total of 36 stores, the price is HK $ 2.345 billion , the two sides of cross-shareholdings .

Reason: to create a new model of foreign acquisitions of domestic enterprises , both for foreign companies to explore the presence of a recessive mode of frustration in the current development situation, it means that the domestic retail industry pattern of redistricting .

5 physical retail stores are frequent off

October 24 , Wal-Mart announced a three-year development plan in China , which is one of the important market assessment by the number of stores closed China nearly 9% , off the scale in about 36 stores .

This year , the convenience store can also be adjusted to stores nationwide , only one place in Yangzhou had closed more than 20 stores. Frequent closed shop before the sale of the Tesco supermarket , Carrefour , Isetan Shenyang , Wuxi Ocean Department Store , Shanghai light of a department store , Tianjin Yamada electrical and other physical retail businesses closed shop more frequently. Even the strong momentum of development Yonghui Supermarket closed earlier this year for individual stores in Fujian Province.

Reason : one close stores is a strategic expansion of high-speed correction some bad stores opened , one is forced by rising costs , market competition pressure. No stores inferior properties , only not suitable format stores , the store closed shop tide is one of the industry optimize the allocation of resources in the process , but also the inevitable adjustment of retail transformation .

6 . Physical retail double ” 11″ before the two sides back

November 4 to Macalline, headed home 19 large home stores , under the joint satisfied ” Warlords” , openly resisted Lynx double eleven ” below the line experience , online shopping” O2O mode. Beijing New World Department Store Chongwen stores in early November during the anniversary also hit the ” 60 hours ” is not closing the big promotion, the number of ” net purchase up to” inhale the store . Suning Yun providers also played “O2O Shopping Festival , online and offline hereinafter price” strategy Take the “double 11 .”

Meanwhile, Intime Department stores represented by some of the many corporate entities are working closely with the Lynx , Beijing Chaoyang Joy also publicly support the ” copy Item ” and is willing to do the “double 11” dressing room .

Last year retail business entity with two “11” and secretly wonder boycott during different this year , a considerable part of the retail business a positive start to accept and translate into new business opportunities.

Reason: to resist or to join , shocks in electricity supplier , the entity made ​​of two distinct retail market reaction reflects the entity behind it is the attitude of the retail business electricity supplier to this new model. Fusion is the trend, Premier Li Keqiang like ” double 11 ” to create a new point of consumption for electricity supplier is affirmed .

7 new media channels favored by super

October 24 , ” Rainbow micro store” in the Shenzhen International Trade Rainbow, Rainbow Eastgate on-line pilot , became the first store opened in micro Rainbow , Rainbow other 60 stores in the country will also be on the line .

This year, the Wangfujing Department Store System App also officially put into operation. According to the Wangfujing Department Store App on the whole line of work arrangements , on-line store is the first department store in the mall and a double safety , Chengdu 1,2 shop , Xining 1,2 shop , Changsha shop , Taiyuan shops and Daxing shop seven stores, as the second batch of App on-line stores.

October 18 , Hongqi Chain and Tencent signed the ” red chain Tencent micro-channel service agreement .” Under the agreement, red chain will jointly Tencent micro-channel development team to create a convenient life application platform , Tencent micro-channel public platform, company information, goods, benefits and services information uploaded for customers through subscription to get personalized information ; while achieving membership system seamless , so that members do not need to hold a membership card to enjoy member benefits and earn points and consumer information ; based LBS ( location based services ) stores query system , consumers can achieve for more information surrounding the recent 10 stores , including a key to call and navigation functions ; through smart customer service , to achieve one ‘s interaction with customers , activity booking application functions. The platform will be November 30, 2013 on-line.

Karl Hubei , Hebei country, Friends of Hebei , prosperous family , etc. This year , the vast majority of retail businesses regardless of size, to varying degrees, are beginning to try online marketing channels .

Reason: either marketing or open up new sales channels, this year , O2O has honestly in a growing number of retailers landed .

8 formats rapid development of fast fashion

CBRE Research data show that as of June this year , four international fast fashion brand UNIQLO, the total number of ZARA, H & M and C & A stores in China has reached 651 .

In the last 18 months, four international fast fashion brands 207 new stores , there is an average of two and a half opened a new store , expanding very rapidly. Which added 55 first-tier cities , accounting for 26.6% of the total, add 82 second-tier cities , the proportion of up to 39.6% , add 70 third-tier cities , accounting for about 33.8%.

As a second-tier urban retail property rents rising , rising demand for four-tier cities , major international fast fashion brands are from the past with a gradual shift to second-tier cities based tier cities based ” sunken ” development.

Reason: the collective experience of the domestic garment industry , ” Inventory door” different problems , the rapid development of fast fashion this year and quickly sank bring vitality to dull glimmer of retail development entities .

9 luxury development setback in China

In the third quarter earnings as disclosed in Cayenne Group , Gucci Group Chief Financial Officer for the first time admitted that sales in China fell. LVHM Group’s third quarter report showed surprisingly unsatisfactory performance , including perfumes, cosmetics , watches, jewelry and belts , ties and shoes category sales in 2013 the global luxury market growth slowed from 5% last year to 4-5% , which mainly lies in China .

Share of global luxury spending 1/ 3 of the Chinese market in recent years has been a major contributor to the global luxury goods industry sales. But this year , the first time the wind was reversed , following the LV clear that it would not continue after the second and third tier cities to shop , Gucci also announced a slowdown in the country ‘s development plans.

Bain expects 2013 growth in China ‘s luxury market continued to slow to 2.5 %.

Selected reasons : one is the domestic consumption of luxury goods to mature, the rising demand for personalized, on the other hand the country over the past year to suppress the luxury of the wind , to curb some of the luxury consumer demand.

10. Suning Bank for Industry and Commerce Administration approved

SAIC released September 12 announcement that the company name approval , Suning Bank one of them. The SAIC announcement released by the company name implies Suning bank reporting work was a step forward . Suning ‘s financial dream actually began last year set sail last year when the central bank released the fourth installment of the third party payment license , Suning smoothly as easy to pay treasure to pay to get a license . Late last year, Suning has initiated the establishment of the ” Chongqing Suning Microfinance Limited .” Today, the name and Suning banks be allowed to register .

When at full speed the pace to get involved in the financial sector , Sun Weimin, vice chairman苏宁云providers Suning do not forget to emphasize the retail bank in order to do a good job .

Reason: As the first private enterprise to be approved by a registered bank , Suning Be the first person to eat crab , but also bear the establishment of private enterprises should be the role played by the Bank ‘s mission . It also determines , the third installment of ” Suning bank” their fate second batch .