永辉超市前三季度营收424亿元 已完成222家门店胖东来模式调改

Core Viewpoint - Yonghui Supermarket reported a total revenue of 42.434 billion yuan for the first three quarters of 2025, with 12.486 billion yuan generated in the third quarter, indicating a strong performance amid ongoing store transformation efforts [1] Group 1: Financial Performance - The company achieved a cumulative revenue of 42.434 billion yuan in the first three quarters of 2025, with 12.486 billion yuan in the third quarter [1] - The Tianjin SM Binhai Plaza store has generated over 350 million yuan in cumulative sales since its opening in January 2025, showcasing stable profitability with total dividends reaching 2.6 million yuan [1] Group 2: Store Transformation - Yonghui Supermarket has completed the transformation of 222 stores under the "Fat Donglai" model, which has been implemented in major cities including Beijing, Shanghai, Guangzhou, and Shenzhen since May 2024 [1] - The Guangzhou Liying Plaza store, as the first transformed store in the city, has seen steady growth in sales and customer traffic since its opening on September 26, 2025 [1] Group 3: Strategic Initiatives - The company is undergoing a deep supply chain reform, focusing on "naked price direct procurement" to eliminate middlemen and reduce traditional channel costs, aiming to establish transparent relationships with core suppliers [2] - Yonghui Supermarket aims to lock in 200 core strategic partners and develop 100 billion-yuan-level flagship products within three years as part of its product-centric transformation [2] Group 4: Industry Context - The Chinese retail supermarket industry is currently in a collective transformation phase, with Yonghui Supermarket focusing on quality upgrades to better serve mainstream Chinese families [3]