中百集团宣布已关30家大卖场，学胖东来学了1年多，近三个季度仍亏5.8亿元

Core Viewpoint - Zhongbai Group is implementing a "subtraction" strategy by closing underperforming stores to address ongoing financial losses and adapt to market changes [1][6] Group 1: Store Closures - Zhongbai Group has closed a total of 30 warehouse hypermarkets, with 13 closures occurring in the first half of 2025, resulting in an estimated loss of 180 million yuan [1][7] - The primary reason for the closures is "store losses," with 23 out of the 30 closed stores identified as such, accounting for 76.7% of the closures [4] - Some long-established stores, including those opened nearly 20 years ago, have been closed, indicating a shift in consumer behavior and market dynamics [4][6] Group 2: Financial Impact - The closures are expected to generate a one-time loss of approximately 180 million yuan, adding to the company's existing financial pressures, which include a net loss of 528 million yuan in 2024 and 580 million yuan in the first three quarters of 2025 [8] - The company acknowledges that the financial pain from these closures is unavoidable in the short term, despite the potential long-term benefits of improving overall operational quality [8] Group 3: Strategic Adjustments - In response to the negative impact of store closures, Zhongbai Group is actively pursuing new growth opportunities, including significant reforms in the supply chain and the introduction of private label products, which generated sales of 328 million yuan [9] - The company is also innovating its business model by entering the hard discount sector and launching new local service platforms to enhance consumer engagement [9] - Additionally, Zhongbai Group is working on revitalizing its existing assets by reducing vacant space and optimizing its property portfolio [9] Group 4: Company Background - Zhongbai Group is a state-owned commercial listed company founded in 1937, with its operations primarily centered in Hubei province and extending to regions like Chongqing and Hunan [11] - As of the end of 2024, the company had over 1,600 outlets, annual revenue exceeding 10 billion yuan, and total assets surpassing 10 billion yuan [11]