Online sales of China's supermarkets hit $15 billion in 2021

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Home Business Online sales of China's supermarkets hit $15 billion in 2021 24-07-2022 10:45 AM Ammon News - China's top 100 supermarket enterprises maintained growth in online sales last year, data from the China Chain Store and Franchise Association showed Sunday. In 2021, online sales of China’s top-100 supermarkets went up 40 percent year-on-year, amounting to $15 billion, according to the association. The total number of stores owned by these enterprises gained 2.9 percent from a year ago to about 30,000, with 11 firms logging a year-on-year growth of over 5 percent in sales revenue and store numbers. "Due to multiple factors such as COVID-19, the top 100 supermarkets saw declines in customer flow and per-customer transactions last year," said the association.

Home Business

Online sales of China's supermarkets hit $15 billion in 2021

24-07-2022 10:45 AM

Ammon News - China's top 100 supermarket enterprises maintained growth in online sales last year, data from the China Chain Store and Franchise Association showed Sunday.

In 2021, online sales of China’s top-100 supermarkets went up 40 percent year-on-year, amounting to $15 billion, according to the association.

The total number of stores owned by these enterprises gained 2.9 percent from a year ago to about 30,000, with 11 firms logging a year-on-year growth of over 5 percent in sales revenue and store numbers.

"Due to multiple factors such as COVID-19, the top 100 supermarkets saw declines in customer flow and per-customer transactions last year," said the association.

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