Yonghui Superstores dishes up new brands to satisfy customers
By Shi Jing in Shanghai | China Daily | Updated: 2017-07-05 06:59
Yonghui Superstores has proved adept at rolling out new business models to retain market share and combat the challenges thrown up by online rivals.
The traditional retail chain has nearly 500 stores, with another 200 due to be opened later this year, and employs more than 70,000 staff.
Sales topped about $7.3 billion, according to Forbes magazine, while the company's market cap came in at $8 billion. It also made Forbes' Asia's Fab 50 List of Companies in 2015.
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