Through the wealth life

Chapter 1336 Global Retail Industry

Li Guangyu originally planned to stay in Bentley Island with Cao Weiqing for a few more days, but unfortunately the American consortium didn't want him to rest, so he could only take a special plane with Cao Weiqing and hurried back to Xiangjiang.

Over the years, the struggle between the Lee consortium and the American consortium has never stopped, and some consortia in Japan and South Korea are also fighting endlessly for the market in some regions.

Now the several parties place the market they are fighting on on the mainland, which has a population of 13 billion and is fatally attractive to any enterprise.

Although the Li's consortium has a very early layout, with the continuous reform in the mainland, some advantages of the Li's consortium have gradually disappeared.

Now in the mainland market, the Lee Consortium not only has to face competition from large companies in the United States, Japan, South Korea, and Western Europe, but also from large companies in the Mainland. It is still difficult to occupy an absolute dominant position in some industries in the Mainland. After all, the Mainland The market is too big, and due to some reasons, there is no way for Li's consortium to achieve monopoly.

For example, this time, Merrill Lynch Securities of the United States took a stake in Shulin Electric, and Japan was not far behind. Fuji Bank bought a stake in Guomei Electric, intending to re-divide the market with Huanan Electric and seize the market of Huanan Electric in the mainland.

South Korea's Lotte Group even announced that it will inject 10 billion US dollars into Lotte (China) for the expansion of Lotte Supermarket in the mainland market.

Wal-Mart also announced that it will inject 15 billion US dollars to expand its development in mainland China.

These several news were announced on the same day, if these parties had not been in touch, Li Guangyu would not have believed it.

Due to the influence of Li Guangyu, the mainland will join the World Trade Organization a year ahead of schedule, and it will be at the end of this year without any accidents. This is probably the reason for the capital coming in at this time.

Over the years, entities have been fighting, and the Internet industry has also been fighting. In the mainland, the Li's consortium has entered Fetion, Lebao, Qiandu and other websites.

In the United States, MSN, Amazon, eBay, Google, etc. are also gearing up and are already preparing to enter the mainland market.

The Internet in the Mainland is also developing rapidly, and Internet companies such as TX, AL, WY, XL, and SH invested by the Lee Consortium in the Mainland are also developing rapidly, and fierce competition for the market is bound to start at that time.

As for the other BD, it has disappeared now, and its founder is now the president of Xiangjiang Qiandu Company, and it is estimated that he will not go back to start a business again.

The more industries develop, the bigger their competitors become. For example, Xiangjiang Petrochemical Group, after so many years, is currently only able to operate in the four major municipalities, Guangdong Province, Jiangsu Province, Zhejiang Province, and Sichuan and Sichuan Provinces. It is now unable to continue to expand in other provinces in the interior.

There are many reasons for this, and Xiangjiang Petrochemical Group will only suffer losses if it continues to expand.Because there is no market for Xiangjiang Petrochemical Group, due to price restrictions, this makes Xiangjiang Petrochemical Group lose a lot of advantages in seizing the market.

On the plane, Cao Weiqing said to Li Guangyu who was on the side: "This time, several parties are coming aggressively. On the mainland, Huarun Group, Hualien, Guomei, Shulin, Yonghui with HSBC as a shareholder, and now Wal-Mart and Lotte are expanding rapidly. Going to Ito-Yokado, Carrefour, our Hengyu, Huanan Electric, Watsons in Xiangjiang, and Hsinchu Supermarket in Baodao are all chaos now.

And our Hengyu Supermarket is obviously their primary target. This time, the sudden announcement of expansion by several parties is aimed at us, preparing to encircle and suppress some of our markets. "

Fortunately, the mainland market is large enough, otherwise so many retail companies would have starved to death in it.

At present, in the mainland, Hengyu Supermarket is the only one, occupying the highest retail market share. Even the two major retail groups in the mainland, Hualien and Huarun, are far behind Hengyu Supermarket Group.

As of the end of June, Hengyu Supermarket Group had more than 3200 global stores, and more than 560 stores in mainland China. Most cities above the prefecture level have Hengyu Supermarket points.

In South China, East China, Central China, North China, and Southwest China plus Shuangqing City, many counties in these areas also have Hengyu Supermarket, and Hengyu Supermarket Group is still accelerating its deployment, striving to have a Hengyu Supermarket at the county level in these areas.

The South China Electric chain is even crazier than Hengyu Supermarket. Apart from the county level, there are South China Electric chain stores in many villages and towns. It has more than 1600 stores in the mainland, but most of them are first-class community stores.

Hengyu Supermarket is different on the mainland. The smallest is a county-level third-tier store. In some provincial capital cities, Hengyu Supermarket Group is building its own shopping centers.

As for the villages and towns, Hengyu Supermarket Group is not in a hurry. After all, they are different from electrical appliances, and the time for large-scale deployment in towns and towns is not yet ripe.

Although they have fewer stores than South China Electric Appliance Chain Group, South China Electric Appliance Chain Group is far from the opponent of Hengyu Supermarket Group in terms of turnover and profit.

Last year, the global retail turnover ranked first, Hengyu Supermarket Group, with a turnover of 3158 billion US dollars.

In second place is Ito Yokado, with a turnover of 2346 billion US dollars.

The third place is the Carrefour-Metro supermarket group, relying on the Western European market and its expansion in Eastern Europe, its turnover has reached 2150 billion US dollars.

Ranked fourth is Wal-Mart. Due to the joint attack by Lee's consortium and Ito-Yokado in Canada and Asia, its market mainly relies on the United States, with a turnover of 1895 billion U.S. dollars last year.

And the fifth place is the South China Electric Chain Group, relying on more than 5300 stores around the world, the turnover reached 1683 billion US dollars last year.

Behind is the Sears-Kmart Group of the United States, once the two major retail hegemons in the United States, and now they are also merged together, ranking sixth with US$1469 billion.

The seventh place is the 7-Eleven Group. After so many years of development, its group's directly-operated stores have exceeded 11, and its turnover last year was 28000 billion US dollars.

The eighth place is Watsons. It looks at the strong financial resources of the Xiangjiang Consortium and the technical support provided by the Xiangjiang Medical University. Its stores are located in the Greater China region, Japan and South Korea, Southeast Asia, the Commonwealth of Nations, Western Europe, Eastern Europe and other countries and regions. Mainly engaged in infant products and cosmetics, its turnover reached 846 billion U.S. dollars last year.

The ninth place is the Lotte Group. Lotte Group in this life is more powerful than the previous life. Many consortiums in South Korea jointly invested in Lotte, allowing Lotte to go out of Korea early and seize the market in mainland China, Southeast Asia, West Africa and other places. Last year, the turnover also reached 680 billion dollars.

The tenth place is the Hsinchu Supermarket Group. Its main markets are Taiwan, the mainland and the Commonwealth. Over the years, it has followed the Lee consortium to encircle and suppress American retail groups, allowing them to expand very quickly. Last year, their turnover reached 583 billion U.S. dollars. .

As for member supermarkets such as Costco and Shenandoah Supermarket, the current turnover is still a little low, and the expansion is not fast. It may take several years to reach the top ten.

Moreover, those retail groups in the mainland are not vegetarians. With the rapid development of the mainland economy, if they are doing mergers and acquisitions, it is not impossible for one or two of them to enter the top ten in the world.

Now the major retail groups are retreating if they do not advance. The market is so big. Once a market is lost, the turnover will inevitably be affected. If the loss is too large, the turnover may drop sharply, let alone increase. No one wants to see it.

Li Guangyu has long been prepared for the competition in the mainland market. He is very clear that it is impossible for the Li's consortium to monopolize such places as Xiangjiang and Baodao.

……

(End of this chapter)