BUSINESS China's supermarkets see stable growth in online sales in 2021

BUSINESS

China's supermarkets see stable growth in online sales in 2021

China Daily

14:00, July 25, 2022

Some workers sort fruit at Dingdong Maicai's distribution center in Shanghai in March. YUE CHENG/FOR CHINA DAILY

BEIJING -- China's top 100 supermarket enterprises maintained growth in online sales last year, data from an industry association showed.

In 2021, online sales of the country's top-100 supermarkets amounted to nearly 100 billion yuan ($15 billion), up 40 percent year-on-year, according to the China Chain Store and Franchise 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 adverse factors such as COVID-19, the top 100 supermarkets saw declines in customer flow and per-customer transactions last year, said the association.

Their sales narrowed 2.6 percent year-on-year to 907.6 billion yuan in 2021, showed the data.

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