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.