股票代码：600327 股票简称：大东方 公告编号：临 2025－016 无锡商业大厦大东方股份有限公司 2025 年第一季度经营数据简报 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 3、报告期末门店分布情况 注：截止报告期末，湖北 7-11 便利店共有 47 家门店，其中：直营店 8 家、 加盟店 39 家；三凤桥食品专卖店共有 45 家门店，其中：直营店 39 家、加盟店 6 家。 二、拟增加商业零售门店情况（或签约待开业门店情况） 公司根据上海证券交易所《上市公司自律监管指引第 3 号——行业信息披 露》、《关于做好主板上市公司 2025 年第一季度报告披露工作的重要提醒》等要 求，现将公司 2025 年第一季度主要经营数据披露如下： 一、商业零售门店分布及变动情况 1、报告期内门店新增情况（1-3 月） 无。 2、报告期内门店减少情况（1-3 月） 无。 | 地区 | 经营业态 | | 自有物业门店 | 租赁物业门店 | | | --- | --- | --- | --- | --- | --- | | | | 门 ...

Core Viewpoint - Yonghui Supermarket is closing its store in the luxury residential area of Shenzhen, indicating ongoing struggles in the retail sector and the company's operational challenges [1][6]. Group 1: Store Closure Details - The Yonghui Supermarket in Nanshan Botofino will cease operations starting May 17, 2025, with a clearance sale from May 8 to May 16 [1]. - The store will not be transformed into a "Pang Donglai" model store, as confirmed by staff [1][3]. - The store's environment was described as relatively quiet, with few customers and unstaffed sections [3][5]. Group 2: Company Performance - Yonghui Supermarket reported a revenue of 67.574 billion yuan for 2024, with a net loss of 1.465 billion yuan; in Q1 2025, revenue was 17.479 billion yuan with a net profit of 148 million yuan [6]. - The company has faced continuous losses for four years from 2021 to 2024, totaling over 9.5 billion yuan [6]. - The losses are attributed to intense competition in the retail sector and a strategic shift involving the closure of 232 underperforming stores [6]. Group 3: Online Business Performance - As of March 31, 2025, Yonghui's online business generated 3.15 billion yuan, accounting for 18.02% of total revenue [7]. - The "Yonghui Life" app covered 670 stores, achieving sales of 1.75 billion yuan, with an average daily order volume of 231,000 and a monthly repurchase rate of 47.6% [7].

Core Viewpoint - Yonghui Supermarket is undergoing a significant transformation by adopting the "Learning from Pang Donglai" model, with the first store in Shandong set to undergo modifications starting April 28, 2024 [2][6]. Group 1: Store Modifications - The Yonghui Supermarket store in Jinan Longhu North Lake Tianjie is the first in Shandong to implement the "Learning from Pang Donglai" model, with a total of 41 stores nationwide planned for this transformation by 2025 [2][5]. - The store will undergo comprehensive adjustments in product structure, quality, pricing, layout, environment, service, and employee treatment, with the aim to complete these changes by May 30, 2024 [6][7]. - The adjustments will include retaining first-line brands, optimizing procurement channels, and improving employee salaries from 3,900 yuan to over 4,900 yuan per month [7]. Group 2: Financial Performance - As of March 2024, Yonghui Supermarket's 41 "steady-state adjustment stores" achieved a monthly profit of 14.7 million yuan, totaling 74.72 million yuan for the first quarter [5]. - The company has completed adjustments for 61 stores under the Pang Donglai model and expects to exceed 124 adjusted stores by June 2025, with a target of 300 stores by the Lunar New Year in 2026 [5]. Group 3: Market Context - The transformation of Yonghui Supermarket is seen as a strategic move to enhance foot traffic and sales, particularly in areas with strong competition from other supermarkets [3][4]. - The overall retail industry is experiencing a trend of store modifications, with other companies also engaging in similar upgrades to improve customer experience and operational efficiency [7][8].

以下文章来源于每日人物 ，作者每人作者 每日人物 . 轻商业，懂生活。 来源：每日人物（ID：meirirenwu） 文：郑思芳 编辑：Yang 在商超界，如果说盒马是精致白领的面子，山姆是中产家庭的里子，那么奥乐齐就是"穷鬼打工人"最后 的体面。 图片来源：奥乐齐官网 奥乐齐从上海走向苏州、无锡是必然。上海的常住人口接近2500万上限，而苏州、无锡吸纳了大量"沪 漂"外溢的年轻劳动力。苏州工业园区的程序员、无锡物联网新城的创业者，与上海漕河泾的打工族共 享同一套生存逻辑——交完房租后，100元要掰成10份花。 奥乐齐的出沪第一天 "时间都花在这上面嘞，哪个地方没东西卖哟，跑到这个地方来的。"奥乐齐苏州店的开业现场，长长的 队伍里，时不时地传来吐槽的声音。 如今，一家超市的开业，能引起这么大规模的排队，除了胖东来，恐怕只有奥乐齐了。 奥乐齐，一家来自德国的超市，却摒弃了进口精品的高价路线，用超过500件9.9元的商品，活生生地 把自己打造成了"穷鬼乐园"。在进入中国的6年时间里，就像胖东来扎根河南一样，奥乐齐死死地守着 上海这片寸土寸金的土地，连着开了60多家门店，都没有踏出上海一步。 互联网上，无数上海之外 ...

Core Viewpoint - The company reported a decline in revenue and net profit for Q1 2025, but showed growth in non-direct store segments, indicating a shift in business strategy and market dynamics [1][2]. Financial Performance - Q1 2025 revenue was 4.941 billion yuan, a year-on-year decrease of 4.77% - Net profit attributable to shareholders was 142 million yuan, down 3.59% year-on-year - Deducted non-recurring net profit was 141 million yuan, showing a year-on-year increase of 3.92% [1]. Revenue Breakdown - Direct store revenue decreased to 4.448 billion yuan, a decline of 5.24% year-on-year - Revenue from community fresh food supermarkets, hypermarkets, and rural supermarkets was 2.754 billion, 1.183 billion, and 456 million yuan respectively, with year-on-year changes of -3.37%, -6.66%, and -12.95% - Significant decline in rural supermarket revenue attributed to adjustments in business formats and changes in market composition [1]. Regional Performance - Revenue from within the province was 3.572 billion yuan, down 6.93% year-on-year - Revenue from outside the province was 876 million yuan, showing a year-on-year increase of 2.34% [1]. Profitability Metrics - Gross margin for Q1 2025 was 24.29%, an increase of 0.25 percentage points year-on-year - Net margin was 2.91%, a slight decrease of 0.03 percentage points year-on-year - Effective control of expenses with sales, management, R&D, and financial expense ratios at 16.78%, 1.84%, 0.01%, and 1.20% respectively, all showing year-on-year reductions [2]. Future Outlook - The company maintains a strong regional supermarket leadership position, with steady revenue growth from out-of-province stores - Ongoing expansion and supply chain development are expected to further reduce operational costs and enhance regional operational efficiency - Projected revenues for 2025-2027 are 18.543 billion, 19.590 billion, and 20.303 billion yuan, with net profits of 152 million, 179 million, and 203 million yuan respectively, corresponding to PE ratios of 48, 41, and 36 times [2].

以下文章来源于新经销 ，作者赵胜男 新经销 . 专注于中国消费品领域新媒体，对通路营销、渠道数字化及新零售领域进行专业研究及媒体报道。 国家统计局日前公布的数据显示，2024年，中国社会消费品零售总额487895亿元，比上年增长 3.5%，但这一数字背后却难掩行业的深层裂变。 传统零售业态持续承压，线上线下融合加速、新兴模式冲击加剧，一场关于生存与转型的战役悄然打 响。 图片来源：walmart 据「新经销」统计的31家零售上市企业中，仅10家实现营收增长，13家利润增长，分化格局进一步凸 显。 全球化企业凭借全渠道布局逆势突围，而依赖传统模式的企业则在成本高企与消费疲软中艰难挣 扎。 从沃尔玛全球电商销售额突破300亿美元，到名创优品海外营收占比近40%；从苏宁易购扣非净利润亏 损超10亿元，到国美零售营收同比骤降26.76%—— 财报数据的冰火两重天，折射出零售行业剧变期 的残酷真相。 电商渗透率攀升、即时消费需求爆发、低价折扣业态崛起，正在重塑消费者行为与行业竞争逻辑。 | | | | | 2024年上市零售企业财报 | | | | --- | --- | --- | --- | --- | --- | ...

Core Viewpoint - The company has successfully reversed its performance and lifted the ST warning status through strategic adjustments and operational improvements, particularly with the support of the "胖东来" model [5]. Financial Performance - In Q1 2025, the company reported revenue of 1.155 billion, a year-on-year increase of 24%, and a net profit attributable to shareholders of 119 million, up 488% year-on-year [1]. - For the full year 2024, the company achieved revenue of 3.4 billion, an 11% year-on-year increase, and a net profit of 1.212 billion, compared to a loss of 1.9 billion in 2023 [1]. - The supermarket segment generated revenue of 1.8 billion, a 53% year-on-year increase, accounting for 53% of total revenue [1]. Store Optimization and Management - The company closed 74 stores in 2024, including 69 supermarkets and 5 department stores, while completing adjustments in 13 stores [2]. - As of December 31, 2024, the company operated 59 stores, with 27 supermarkets and 32 department stores [2]. - The company has implemented a rotating president management system to enhance management efficiency and operational effectiveness [4]. Customer Engagement - The department store segment benefited from the supermarket adjustments, achieving an annual footfall of 212 million, a 15.5% year-on-year increase [3]. Strategic Focus - The company has shifted its focus to the Hunan market and is pursuing a dual business model of "high frequency + high quality" for collaborative development [5].

作者： Abby 、 Sage 编辑： Panda 奥乐齐苏州店开业第三天门口依然排长队 图片来源：小红书@蝉鸣的夏季 挤。 王志逛完奥乐齐苏州方洲邻里店之后，满脑子都是这个词。 4月19日， 德国超市奥乐齐首批两家门店于苏州方洲邻里中心及无锡圆融广场正式开业。上午九点左右，王 志在回旋折叠的等候队伍中缓慢前行，一个小时左右才"挪"到了门口。 奥乐齐苏州方洲邻里店开业当天 图片来源：FBIF摄 4月21日，奥乐齐苏州店开业的第三天，门口又排起了长队。有网友在社交媒体发帖称："工作日的奥乐 齐，依然是人山人海。" 这是奥乐齐盘踞上海6年后，首次在上海以外的区域开新店。2022年8月，奥乐齐CEO罗曼·拉辛格在接 受德国采访时曾表示，计划在中国继续开设数百家分店，仅在上海地区，奥乐齐就可能开设三位数以上 的门店。 不过，从上海走出来，奥乐齐考验才刚刚开始。FBIF于4月19日上午十点左右到达了苏州方洲邻里店的 现场，看到了和王志描述中同样的景象。 即便是开业活动（领鸡蛋、满额抽奖）已经结束，但消费者仍在涌入。这意味着，奥乐齐正在从"促销 驱动"转向真正的"日常超市"模式，接受苏州市场的常态化考验。 同一时段，奥乐 ...

永旺超市在京最后一家门店即将关闭。近日，永旺超市丰台店宣布将于5月16日正式终止经营，永旺超市官方表示闭店是由于"公司业务调整"。实际上自 2017年以来，永旺在内地新开的门店中，综合超市的占比逐年下降，其中国内地的业务更是连续8年陷入亏损困境。对于永旺超市来讲，早年叫好叫座的生 鲜食品、进口商品逐渐失去吸引力，本土超市选品与配送服务快速改写着中国零售格局。想要重拾市场，永旺超市需要新的商业故事甚至全新的商业逻辑。 北京市场再无门店 北京商报记者走访位于丰台永旺梦乐城的永旺超市看到，门店贴出闭店公告，"永旺超市丰台店将于2025年5月16日结束营业后，正式终止经营"。公告显 示，永旺超市在河北燕郊镇和天津市共计5家店铺，均正常营业中。消费者所持有的永旺积分卡、购物卡等，可在以上5家门店继续使用。 目前，永旺超市丰台店仍正常经营，不过，店内的部分货架已出现商品空缺的现象。对此，超市服务台的工作人员表示，接下来超市基本不会再继续补 货，"若消费者还有未使用完的购物卡，可在闭店前前来消费"。至于闭店后购物卡未花完能否退费，上述工作人员表示暂未收到通知。 针对闭店原因及在北京的后续规划，北京商报记者采访了永旺中国相关 ...

Group 1: Boxed's Financial Performance and Strategy - Boxed reportedly achieved its first annual profit by March 2025, with consistent profitability across seasons and a significant customer growth of over 50% [1] - The CEO emphasized a focus on user value, strategic direction, and organizational development, leading to double-digit growth in the past year [1] - Boxed plans to open nearly 100 new stores in 2025, expanding into multiple new cities [1][4] Group 2: Industry Trends and Competitor Actions - The Chinese Chain Operation Association reported that 75% of supermarket enterprises attempted adjustments in 2024, with most achieving growth, primarily under 20% [2] - Traditional supermarkets like Yonghui and Wumart are also undergoing transformations to adapt to market pressures [2][8] - The retail industry is experiencing significant changes in consumer behavior, with a shift towards online shopping and the need for supermarkets to enhance their service and product offerings [7][8] Group 3: Expansion and Market Penetration - Boxed has accelerated its store openings, launching two new stores in Jiangsu in one day and entering 21 cities in 2024 [3] - The company is focusing on expanding into lower-tier cities and northern regions, marking a strategic shift from its previous concentration in the Yangtze River Delta [3] - Boxed's core business, Boxed Fresh, has undergone structural adjustments to enhance operational efficiency [3][4] Group 4: Competitive Landscape and Market Challenges - The retail sector faces considerable pressure, with 38.2% of supermarkets reporting sales growth, while 57.4% experienced declines [6] - The rise of e-commerce and changing consumer habits are pushing traditional retailers to innovate and adapt their business models [7][8] - The competition in the online grocery market is intensifying, leading to a focus on brand development and product differentiation [8]