Leading retail chain operators in China 2018, based on retail sales

In 2018, Chinese retailers Suning.com Group, Gome Electrical Appliances, and China Resource Vanguard remained the leading three retail chain operators in the country, with 337 billion yuan, 138 billion yuan, and 101 billion yuan in retail sales respectively.

Retail chain enterprises

The total retail sales of the leading 100 retail chain operators in China reached nearly 2.4 trillion yuan in 2018, growing at a rate of almost eight percent annually. The same 100 retail chain enterprises accounted for around 6.3 percent of the total national retail sales in the country, 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 retail sales at 336.8 billion yuan (pre-tax). 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 2018, Suning Commerce Group had a total of 11,064 stores.

Leading retail chain operators in China in 2018, based on retail sales (in million yuan)*

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Sources

Release date

May 2019

Region

China

Survey time period

2018

Supplementary notes

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

Note: 1 yuan equals 0.14 U.S. dollars and 0.13 euros (as of September 2019).

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Statistics on "Retail in China"

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