(本文来自第一财经) 3连板永辉超市公告，公司股票于2025年12月8日、12月9日连续两个交易日内日收盘价格涨幅偏离值累 计达到20%，2025年12月10日再次涨停，连续三个交易日内日收盘价格涨幅偏离值累计达到33.14%，连 续三个交易日的换手率分别为4.74%、10.11%、3.00%。经公司自查，截至本公告日，公司目前生产经 营活动正常，门店调改稳步有序进行中，内外部经营环境未发生重大变化，不存在应披露而未披露的重 大事项。 ...

永辉超市公告称，2025年，公司股票连续三个交易日内日收盘价格涨幅偏离值累计达33.14%，属于异 常波动情形。公司2025年前三季度营收424.34亿元，同比降22.21%；归母净利润-7.10亿元，较上年同期 降6.32亿元。目前公司生产经营正常，不存在应披露未披露重大事项。鉴于股价涨幅大，存在炒作和短 期下跌风险，提醒投资者注意交易风险，理性投资。 ...

格隆汇12月10日｜永辉超市公告，公司股票于2025年12月8日、12月9日连续两个交易日内日收盘价格涨 幅偏离值累计达到20%，2025年12月10日再次涨停，连续三个交易日内日收盘价格涨幅偏离值累计达到 33.14%，连续三个交易日的换手率分别为4.74%、10.11%、3.00%。经公司自查，截至本公告日，公司 目前生产经营活动正常，门店调改稳步有序进行中，内外部经营环境未发生重大变化，不存在应披露而 未披露的重大事项。 ...

第一财经每日早间精选热点新闻，点击「听新闻」，一键收听。 【今日推荐】 "住宅限高令"密集出台，最高"80米、26层"成大趋势 近期，不少一二线城市开始对新建住宅项目的高度进行严格限制，多数都要求建筑高度不超过80米，超 限则需进行消防救援评估审查。无论是土地出让时的具体要求，还是地方政府明确出台"限高令"，这一 系列转变，都意味着曾经在南方城市常见的超高层住宅发展将迎来重大转折，房地产市场格局或因此改 变。 泽连斯基称乌已准备好举行选举 当地时间12月9日，乌克兰总统泽连斯基称，已就举行选举做好准备，同时请求美国及欧洲伙伴协助保 障选举安全，乌克兰可在未来60至90天内完成选举相关筹备工作。当天稍早前，泽连斯基在回应美国总 统特朗普的呼吁时表示，乌方愿举行选举。特朗普近日在接受采访时说，尽管乌克兰与俄罗斯冲突持 续，乌克兰仍应举行选举。 美国国务院：今年以来已撤销8.5万份签证 当地时间12月9日，美国国务院表示，自1月以来，已撤销8.5万份各类签证。据悉，其中超过8000份是 学生签证，被吊销数量比上一年翻了一倍。美国官员称此举是出于安全考虑。此外，近几周来，美国政 府加强了对H-1B等签证申请人的审查。 ...

Core Viewpoint - Walmart is intensifying its focus on private label brands, particularly "Wojixian," as a strategic response to competition from e-commerce and emerging retailers, while also addressing the declining image of its Sam's Club brand [1][2][4]. Group 1: Walmart's Strategy - Walmart's private label "Wojixian" has been upgraded to cover essential categories like fresh produce, food, and beverages, emphasizing low prices and health attributes [2][4]. - The company is facing challenges as traditional retail formats struggle against e-commerce platforms, prompting a shift towards private labels to enhance competitiveness [1][4]. - The strategy of launching private labels is seen as a "last resort" to revitalize the hypermarket format amid increasing competition [1][4]. Group 2: Market Competition - Other traditional retailers, such as RT-Mart, are also focusing on private labels, with a similar emphasis on low prices and health trends [2][4]. - New players like Hema and Dingdong Maicai have established private labels as core competitive advantages, highlighting the shift in market dynamics [6][9]. - The competition for quality suppliers is intensifying as both established and emerging retailers seek to enhance their private label offerings [7][8]. Group 3: Financial Performance - RT-Mart's parent company, Gao Xin Retail, reported a revenue decline of 12.1% year-on-year, indicating the financial pressures faced by traditional retailers [5]. - Walmart's performance in China is primarily driven by Sam's Club, while its hypermarket segment has been experiencing store closures [5]. Group 4: Private Label Development - The private label penetration varies significantly among retailers, with Aldi achieving a 90% share in China, while Hema's community stores have nearly 60% [7]. - Successful private label strategies require strong brand value and supply chain management to maintain competitive pricing and quality [7][8]. - Walmart's approach involves stringent supplier selection, with only a small percentage of potential suppliers making it through the rigorous evaluation process [8].

Core Viewpoint - The company Jiajiayue (603708.SH) has announced a further delay in the implementation of two fundraising projects due to intensified competition in the retail industry and changing consumer demands [1] Group 1: Project Delay - The completion time for the chain supermarket renovation project and the Yangting shopping plaza project has been extended from December 2025 to December 2027, while the overall goals, investment structure, funding direction, and implementation主体 remain unchanged [1] - This is not the first delay for these fundraising projects; previous delays occurred in 2020, 2022, and 2024 due to various factors including the pandemic and market conditions [2] Group 2: Market Environment - The retail industry is facing challenges from e-commerce expansion and the emergence of new retail models, leading to increased competition [1] - The company is adapting to market changes and consumer demands by innovating its business model, optimizing store layouts, and transforming its supply chain [1]

永辉超市公告称，公司股票在2025年12月8日至12月9日连续两个交易日内日收盘价格涨幅偏离值累计达 20%，属异常波动。经自查及核实，公司无应披露未披露重大事项，目前经营正常，未发现需澄清的媒 体报道或传闻，董事、高管、主要股东在此期间无买卖公司股票情况。2025年前三季度，公司实现营收 424.34亿元，同比降22.21%；归母净利润-7.10亿元，较上年同期降6.32亿元。 ...

Group 1 - Company Jiajiayue (SH 603708) held its sixth meeting of the fifth board of directors on December 9, 2025, to review proposals including the postponement of certain fundraising investment projects [1] - For the first half of 2025, Jiajiayue's revenue composition was as follows: commercial business accounted for 92.63%, other businesses 6.85%, and industrial business 0.52% [1] - As of the report date, Jiajiayue's market capitalization was 7.6 billion yuan [1] Group 2 - The article highlights a significant issue in the pharmaceutical industry regarding the abuse of pregabalin, marking the first reported case of addiction in China [1] - It points out vulnerabilities in online platforms that allow the purchase of medications without medical records, raising concerns about regulatory oversight [1] - The classification of pregabalin and the need for scientific evaluation regarding its regulation are emphasized [1]

Core Insights - The growth of dollar stores in the U.S. is attracting shoppers from various income levels, indicating a tightening consumer budget [1][2] - Dollar General reported a same-store sales increase of 2.5% for the third quarter, while Dollar Tree reported a 4.2% increase [1] - Dollar Tree's sales are primarily priced at $2 or below, with 85% of sales falling within this range [1] Company Performance - Dollar General's revenue grew by 4.6% to $10.6 billion, with a net profit increase of 44% to $282.7 million [7] - Dollar Tree attracted 3 million new households, with 60% of these coming from families earning over $100,000 annually [1][2] - Both companies have raised their same-store sales growth forecasts for the year, with Dollar General adjusting its expectations from 2.1%-2.6% to 2.5%-2.7% [7] Market Trends - Higher-income households are increasingly shopping at Dollar Tree, while lower-income families are relying on these stores more than ever [2] - Kroger, the largest supermarket chain in the U.S., noted a spending disparity among income groups, with middle-income families feeling more financial pressure [2] - The rising cost of living has become a focal point in recent local elections, impacting consumer behavior and spending patterns [4]

NO.1蜜雪冰城开进公交站 NO.3因销售不合格产品，永辉超市被罚没8万余元 天眼查App显示，近日，北京永辉超市有限公司因产品不合格，被北京市市场监督管理局罚没8万余 元。处罚事由显示，当事人销售的商标为某品牌弹射玩具枪产品，经抽样检验，所检项目机械与物理性 能不符合标准，判定被抽查产品不合格。 点评：永辉超市因销售不符合机械与物理性能标准的弹射玩具枪，被罚没8万余元，叠加其过往多次因 产品质量问题被罚的记录，暴露品控管理短板。对零售板块，凸显连锁超市在多元品类采购验收环节的 风险，倒逼行业强化全品类质量管控与供应商审核。 NO.4 光明肉业资助亏损子公司1.02亿元议案遭股东大会否决 据报道，郑州公交与蜜雪冰城合作打造BRT（快速公交系统）站台门店，首店将于元旦前开业。据悉， 郑州公交携手蜜雪冰城一期计划推出10个门店，这些门店的核心定位是"公交服务的延伸与补充"，而非 单纯的商业网点，一期选址都在城市主干道的BRT站台。 点评：蜜雪冰城与郑州公交合作打造BRT站台门店，是新式茶饮行业场景化布局的创新尝试。对蜜雪冰 城而言，借助公交站台稳定客流拓宽触达渠道，强化普惠定位与场景适配性，为品牌价值释放提供新支 ...