或许零售变革是个轮回，超市企业再度聚焦"堂食"。近期，部分地区的盒马、永辉超市门店纷纷推出火 锅堂食服务，胖东来、七鲜等也相继布局类似模式。超市凭借自身生鲜供应链优势，提供从鲜切肉、海 鲜到蔬菜、丸子的全品类火锅食材，背后是传统超市为应对电商与社区生鲜冲击所进行的转型探索。 此前，超市企业也曾经历餐饮化创新，但未能出圈。未来，超市增加堂食餐饮的实验或将催生更多新模 式，持续影响零售业态的演进路径。 入局火锅 曾让不少超市改革"折戟"的餐饮堂食，如今正尝试重新回归。近日，北京商报记者在社交平台观察到， 盒马在全国多地门店推出火锅堂食套餐，售价多为78—88元；永辉超市部分地区门店也上架了自选火 锅，食材按盘计价，价格分为3元、10元及15元档位。此外，胖东来也在部分门店上线自助小火锅。 永辉超市方面表示，堂食自选小火锅对门店综合情况要求较高，目前仅有福州多家门店设置此项服务， 北京地区门店暂未设置。北京地区永辉门店针对在售的熟食、烘焙、面点、代煮鲜包水饺馄饨鱼丸、代 煎牛排、代蒸海鲜，以及餐吧内在售的简餐、零食等即食类商品，提供店内就餐区、一次性餐具和免费 茶饮。 对超市企业来说，"餐饮+"的尝试并不简单。此前 ...

Core Viewpoint - The downfall of Renrenle (002336.SZ), once a leading retail chain in China, culminated in its delisting from the Shenzhen Stock Exchange after failing to meet financial standards and experiencing continuous losses [3][5]. Group 1: Financial Performance and Delisting - Renrenle's stock entered the delisting preparation period on June 13, 2023, and was officially delisted on July 4, 2023, marking the end of its 15-year journey in the A-share market [1]. - The immediate cause of delisting was the company's financial performance, with a reported net asset of -404 million yuan for 2024 and an audit report that expressed "inability to express an opinion" [3]. - From 2021 to 2024, Renrenle recorded negative net profits after excluding non-recurring losses for four consecutive years, leading to multiple delisting indicators being triggered [3][5]. Group 2: Historical Context and Challenges - Renrenle, once celebrated as the "first private supermarket stock," was listed in January 2010 with an initial price of 26.98 yuan, peaking at over 35 yuan on its first trading day, and achieving a market capitalization exceeding 13 billion yuan [4]. - The company faced significant challenges starting in 2012, with performance fluctuations and more years of losses than profits, exacerbated by the rise of e-commerce and increased competition [4]. - Despite attempts to transform its business model through high-end supermarkets and online expansion, these efforts failed to reverse the declining trend [4][6]. Group 3: Industry Implications and Future Outlook - Renrenle's delisting highlights the broader challenges faced by traditional retail, including rising operational costs and the impact of new retail formats [6]. - The traditional supermarket sector, characterized by low profit margins and reliance on supplier fees, is under pressure from emerging competitors like Hema and membership-based models [6][7]. - Industry experts suggest that the future of retail lies in companies that can innovate and adapt, moving away from large-scale operations to more agile and specialized business models [7].