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Leading retail chain operators in China 2019, based on retail sales

In 2019, Chinese retailers Suning.com Group, Gome Electrical Appliances, and Red Star Macalline Holding Group were the leading three retail chain operators in the country, with 379 billion yuan, 128 billion yuan, and 126 billion yuan in retail sales respectively.

Retail chain enterprises

The total retail sales of the leading 100 retail chain operators in China reached nearly 2.6 trillion yuan in 2019, growing at a rate of around five percent annually. The same 100 retail chain enterprises accounted for around 6.3 percent of the total national retail sales in the country a year earlier, a much smaller proportion than in the early 2000s.
Among all retail chain types, convenience stores recorded the best results in terms of sales growth and new store openings. Hypermarket and supermarket chain sales grew at a much slower rate in comparison.

Suning Commerce Group

    Suning Commerce Group, also known as Suning.com Group, has been the largest retail chain operator in China since 2015, with the most recently recorded annual revenue of 269.2 billion yuan. Headquartered in Nanjing, the enterprise is engaged in not only retail, but also finances, logistics, and digital services. In the retail sector, it mainly operates franchised retail shops of electronic home appliances. As of 2019, Suning Commerce Group had a total of 8,216 stores.

Leading retail chain operators in China in 2019, based on retail sales (in million yuan)*

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Source

Release date

June 2020

Region

China

Survey time period

2019

Supplementary notes

*According to the source, displayed figures represent retail sales before tax.
**Estimate.

Note: 1 yuan equals approximately 0.15 U.S. dollars and 0.12 euros (as of September 2020).

Values have been rounded.

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Statistics on "Retail in China"

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