Core Viewpoint - Yonghui Supermarket will close two stores in Shenzhen on November 16, 2025, due to poor management and operational challenges [2][4][5]. Group 1: Store Closures - Yonghui Supermarket's Luohu Sun Plaza and Nanshan Raffles Plaza stores have posted closure notices [2]. - The Luohu store will cease operations on November 16, 2025, but customers can still use their shopping cards and membership points at other Yonghui locations [2]. - The closure is attributed to unsatisfactory business performance and management practices [4][5]. Group 2: Financial Performance - For the first three quarters of 2025, Yonghui Supermarket reported a revenue of 42.434 billion yuan, a year-on-year decline of 22.21% [6]. - The company incurred a net loss of 710 million yuan, representing a decline of over 80% compared to the same period last year [6]. - The decline in performance is primarily due to intense competition in the retail sector, resulting in decreased customer traffic and average transaction values [7]. Group 3: Strategic Changes - Yonghui Supermarket plans to implement store optimizations and adjustments starting May 6, 2024, with a goal to regain customer trust over the next 3 to 5 years [7]. - As of the end of Q3 2025, the company had 450 operational stores, with 222 stores undergoing adjustments by September 30, 2025 [7]. - The company aims to adopt a quality retail strategy inspired by the successful model of "Pang Donglai" [7].
宣布了!永辉超市,深圳两家门店将关闭