USEUROPEAFRICAASIA 中文双语Français
Home / Business

Convenience stores to lead retail push

By Wang Zhuoqiong | China Daily | Updated: 2015-05-22 07:32

Improvement in business environment helps companies post robust growth rates, consider expansion, reports Wang Zhuoqiong.

Convenience and online stores were the fastest-growing sectors in China's retail market last year, while hypermarkets and department stores lagged far behind, according to a report.

With smaller size and closer proximity to younger consumers, convenience stores clocked a 25 percent year-on-year growth in terms of sales. Online retail stores, on the other hand, grew by 48.7 percent, said the China Chain Store & Franchise Association.

Convenience stores to lead retail push

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US