+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Food & Grocery Retail Global Industry Guide 2019-2028

  • PDF Icon

    Report

  • 478 Pages
  • August 2024
  • Region: Global
  • MarketLine
  • ID: 6007017
Global Food & Grocery Retail industry profile provides top-line qualitative and quantitative summary information including: market size (value, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
  • Household products encompass a wide range of items that are used in households, such as air fresheners, bleach, dishwashing products, furniture cleaning products, general-purpose cleaners, insecticides, paper products, scouring products, textile washing products, and toilet care products. Tobacco includes chewing tobacco, cigarettes, cigars & cigarillos, and loose tobacco. The drinks market refers to the retail (not on-trade) sales of soft drinks, hot beverages, and alcoholic beverages, excluding sales that take place in bars, pubs, and other on-trade establishments. The food market includes packaged and unpackaged bakery and cereals, canned food, chilled food, confectionery, dairy products, dried food, frozen food, ice cream, oils and fats, sauces, dressings and condiments, savory snacks, soup, spreads, baby food, and pet food.
  • All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
  • The global food & grocery retail market recorded revenues of $11.22 trillion in 2023, representing a compound annual growth rate (CAGR) of 5.3% between 2018 and 2023.
  • The food segment accounted for the market's largest proportion in 2023, with total revenues of $8.42 trillion, equivalent to 75.1% of the market's overall value.
  • In 2023, the global food & grocery retail market recorded an annual growth of 4.7% due to the expanding organized retail through supermarkets, hypermarkets, discount stores, and convenience stores

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global food & grocery retail market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global food & grocery retail market
  • Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global food & grocery retail market with five year forecasts

Reasons to Buy

  • What was the size of the global food & grocery retail market by value in 2023?
  • What will be the size of the global food & grocery retail market in 2028?
  • What factors are affecting the strength of competition in the global food & grocery retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global food & grocery retail market?

Table of Contents

1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Food & Grocery Retail
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Food & Grocery Retail in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Food & Grocery Retail in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Food & Grocery Retail in France
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Food & Grocery Retail in Germany
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Food & Grocery Retail in Italy
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Food & Grocery Retail in Japan
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Food & Grocery Retail in Australia
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Food & Grocery Retail in Canada
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 Macroeconomic Indicators
19.1. Country data
20 Food & Grocery Retail in China
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 Macroeconomic Indicators
21.1. Country data
22 Food & Grocery Retail in The Netherlands
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 Macroeconomic Indicators
23.1. Country data
24 Food & Grocery Retail in Spain
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 Macroeconomic Indicators
25.1. Country data
26 Food & Grocery Retail in The United Kingdom
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 Macroeconomic Indicators
27.1. Country data
28 Food & Grocery Retail in The United States
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis
29 Macroeconomic Indicators
29.1. Country data
30 Company Profiles
30.1. Walmart Inc
30.2. Empire Co Ltd
30.3. Metro Inc
30.4. Loblaw Companies Ltd
30.5. Organizacion Soriana SAB de CV
30.6. FEMSA Comercio SA de CV
30.7. Target Corp
30.8. The Kroger Co
30.9. Costco Wholesale Corp
30.10. Salling Group AS
30.11. Coop Danmark A/S
30.12. Dagrofa A/S
30.13. Reitan Group
30.14. S Group
30.15. Kesko Corp
30.16. Lidl Dienstleistung GmbH & Co KG
30.17. NorgesGruppen ASA
30.18. Coop Norge SA
30.19. ICA Gruppen AB
30.20. Coop Sverige AB
30.21. Axfood AB
30.22. Shoprite Holdings Ltd
30.23. Pick n Pay Stores Ltd
30.24. SPAR International
30.25. Rallye SA
30.26. Carrefour SA
30.27. Cencosud SA
30.28. Sun Art Retail Group Ltd
30.29. China Resources Vanguard Co. Ltd.
30.30. Yonghui Superstores Co Ltd
30.31. Reliance Retail Ltd
30.32. Future Retail Ltd (Inactive)
30.33. Avenue Supermarts Ltd
30.34. LIDL Magyarorszag Kereskedelmi Bt.
30.35. Aldi Einkauf GmbH & Co oHG
30.36. Tesco PLC
30.37. Jeronimo Martins SGPS SA
30.38. Eurocash S.A.
30.39. Uni-President Enterprises Corp
30.40. FamilyMart Co., Ltd.
30.41. Seven & i Holdings Co Ltd
30.42. Coles Group Ltd
30.43. Woolworths Group Ltd
30.44. Schwarz Unternehmenskommunikation GmbH & Co KG
30.45. Edeka Zentrale AG & Co KG
30.46. REWE Group
30.47. Coop Italia
30.48. Conad Consorzio Nazionale, Dettaglianti Soc. Coop. a.r.l.
30.49. Aeon Co., Ltd.
30.50. Lawson Inc
30.51. Koninklijke Ahold Delhaize NV
30.52. Koninklijke Jumbo Food Groep BV
30.53. Mercadona SA
30.54. Elo Group
30.55. Distribuidora Internacional de Alimentacion SA
30.56. Asda Stores Ltd
30.57. Wm Morrison Supermarkets Limited
30.58. J Sainsbury plc
30.59. Salim Group
30.60. PT Sumber Alfaria Trijaya Tbk
30.61. SM Investments Corp
30.62. Puregold Price Club Inc
30.63. Robinsons Retail Holdings Inc
30.64. Migros Ticaret AS
30.65. A101 Yeni Magazacilik AS
30.66. Yildiz Holding Inc
31 Appendix
31.1. Methodology
31.2. About the Publisher
List of Tables
Table 1: Global food & grocery retail market value: $ million, 2018-23
Table 2: Global food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: Global food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: Global food & grocery retail market geography segmentation: $ million, 2023
Table 5: Global food & grocery retail market value forecast: $ million, 2023-28
Table 6: Global size of population (million), 2019-23
Table 7: Global real gdp (constant 2010 prices, $ billion), 2019-23
Table 8: Global gdp (current prices, $ billion), 2019-23
Table 9: Global inflation, 2019-23
Table 10: Global consumer price index (absolute), 2019-23
Table 11: Global exchange rate, 2018-23
Table 12: Asia-Pacific food & grocery retail market value: $ million, 2018-23
Table 13: Asia-Pacific food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 14: Asia-Pacific food & grocery retail market category segmentation: $ million, 2018-2023
Table 15: Asia-Pacific food & grocery retail market geography segmentation: $ million, 2023
Table 16: Asia-Pacific food & grocery retail market value forecast: $ million, 2023-28
Table 17: Europe food & grocery retail market value: $ million, 2018-23
Table 18: Europe food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 19: Europe food & grocery retail market category segmentation: $ million, 2018-2023
Table 20: Europe food & grocery retail market geography segmentation: $ million, 2023
Table 21: Europe food & grocery retail market value forecast: $ million, 2023-28
Table 22: Europe size of population (million), 2019-23
Table 23: Europe real gdp (constant 2010 prices, $ billion), 2019-23
Table 24: Europe gdp (current prices, $ billion), 2019-23
Table 25: Europe inflation, 2019-23
Table 26: Europe consumer price index (absolute), 2019-23
Table 27: Europe exchange rate, 2018-23
Table 28: France food & grocery retail market value: $ million, 2018-23
Table 29: France food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 30: France food & grocery retail market category segmentation: $ million, 2018-2023
Table 31: France food & grocery retail market geography segmentation: $ million, 2023
Table 32: France food & grocery retail market value forecast: $ million, 2023-28
Table 33: France size of population (million), 2019-23
Table 34: France real gdp (constant 2010 prices, $ billion), 2019-23
Table 35: France gdp (current prices, $ billion), 2019-23
Table 36: France inflation, 2019-23
Table 37: France consumer price index (absolute), 2019-23
Table 38: France exchange rate, 2018-23
Table 39: Germany food & grocery retail market value: $ million, 2018-23
Table 40: Germany food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 41: Germany food & grocery retail market category segmentation: $ million, 2018-2023
Table 42: Germany food & grocery retail market geography segmentation: $ million, 2023
Table 43: Germany food & grocery retail market value forecast: $ million, 2023-28
Table 44: Germany size of population (million), 2019-23
Table 45: Germany real gdp (constant 2010 prices, $ billion), 2019-23
Table 46: Germany gdp (current prices, $ billion), 2019-23
Table 47: Germany inflation, 2019-23
Table 48: Germany consumer price index (absolute), 2019-23
Table 49: Germany exchange rate, 2018-23
Table 50: Italy food & grocery retail market value: $ million, 2018-23
Table 51: Italy food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 52: Italy food & grocery retail market category segmentation: $ million, 2018-2023
Table 53: Italy food & grocery retail market geography segmentation: $ million, 2023
Table 54: Italy food & grocery retail market value forecast: $ million, 2023-28
Table 55: Italy size of population (million), 2019-23
Table 56: Italy real gdp (constant 2010 prices, $ billion), 2019-23
Table 57: Italy gdp (current prices, $ billion), 2019-23
Table 58: Italy inflation, 2019-23
Table 59: Italy consumer price index (absolute), 2019-23
Table 60: Italy exchange rate, 2018-23
Table 61: Japan food & grocery retail market value: $ million, 2018-23
Table 62: Japan food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 63: Japan food & grocery retail market category segmentation: $ million, 2018-2023
Table 64: Japan food & grocery retail market geography segmentation: $ million, 2023
Table 65: Japan food & grocery retail market value forecast: $ million, 2023-28
Table 66: Japan size of population (million), 2019-23
Table 67: Japan real gdp (constant 2010 prices, $ billion), 2019-23
Table 68: Japan gdp (current prices, $ billion), 2019-23
Table 69: Japan inflation, 2019-23
Table 70: Japan consumer price index (absolute), 2019-23
Table 71: Japan exchange rate, 2018-23
Table 72: Australia food & grocery retail market value: $ million, 2018-23
Table 73: Australia food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 74: Australia food & grocery retail market category segmentation: $ million, 2018-2023
Table 75: Australia food & grocery retail market geography segmentation: $ million, 2023
Table 76: Australia food & grocery retail market value forecast: $ million, 2023-28
Table 77: Australia size of population (million), 2019-23
Table 78: Australia real gdp (constant 2010 prices, $ billion), 2019-23
Table 79: Australia gdp (current prices, $ billion), 2019-23
Table 80: Australia inflation, 2019-23
Table 81: Australia consumer price index (absolute), 2019-23
Table 82: Australia exchange rate, 2018-23
Table 83: Canada food & grocery retail market value: $ million, 2018-23
Table 84: Canada food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 85: Canada food & grocery retail market category segmentation: $ million, 2018-2023
List of Figures
Figure 1: Global food & grocery retail market value: $ million, 2018-23
Figure 2: Global food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: Global food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: Global food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the global food & grocery retail market, 2023
Figure 6: Drivers of buyer power in the global food & grocery retail market, 2023
Figure 7: Drivers of supplier power in the global food & grocery retail market, 2023
Figure 8: Factors influencing the likelihood of new entrants in the global food & grocery retail market, 2023
Figure 9: Factors influencing the threat of substitutes in the global food & grocery retail market, 2023
Figure 10: Drivers of degree of rivalry in the global food & grocery retail market, 2023
Figure 11: Asia-Pacific food & grocery retail market value: $ million, 2018-23
Figure 12: Asia-Pacific food & grocery retail market category segmentation: $ million, 2018-2023
Figure 13: Asia-Pacific food & grocery retail market geography segmentation: % share, by value, 2023
Figure 14: Asia-Pacific food & grocery retail market value forecast: $ million, 2023-28
Figure 15: Forces driving competition in the food & grocery retail market in Asia-Pacific, 2023
Figure 16: Drivers of buyer power in the food & grocery retail market in Asia-Pacific, 2023
Figure 17: Drivers of supplier power in the food & grocery retail market in Asia-Pacific, 2023
Figure 18: Factors influencing the likelihood of new entrants in the food & grocery retail market in Asia-Pacific, 2023
Figure 19: Factors influencing the threat of substitutes in the food & grocery retail market in Asia-Pacific, 2023
Figure 20: Drivers of degree of rivalry in the food & grocery retail market in Asia-Pacific, 2023
Figure 21: Europe food & grocery retail market value: $ million, 2018-23
Figure 22: Europe food & grocery retail market category segmentation: $ million, 2018-2023
Figure 23: Europe food & grocery retail market geography segmentation: % share, by value, 2023
Figure 24: Europe food & grocery retail market value forecast: $ million, 2023-28
Figure 25: Forces driving competition in the food & grocery retail market in Europe, 2023
Figure 26: Drivers of buyer power in the food & grocery retail market in Europe, 2023
Figure 27: Drivers of supplier power in the food & grocery retail market in Europe, 2023
Figure 28: Factors influencing the likelihood of new entrants in the food & grocery retail market in Europe, 2023
Figure 29: Factors influencing the threat of substitutes in the food & grocery retail market in Europe, 2023
Figure 30: Drivers of degree of rivalry in the food & grocery retail market in Europe, 2023
Figure 31: France food & grocery retail market value: $ million, 2018-23
Figure 32: France food & grocery retail market category segmentation: $ million, 2018-2023
Figure 33: France food & grocery retail market geography segmentation: % share, by value, 2023
Figure 34: France food & grocery retail market value forecast: $ million, 2023-28
Figure 35: Forces driving competition in the food & grocery retail market in France, 2023
Figure 36: Drivers of buyer power in the food & grocery retail market in France, 2023
Figure 37: Drivers of supplier power in the food & grocery retail market in France, 2023
Figure 38: Factors influencing the likelihood of new entrants in the food & grocery retail market in France, 2023
Figure 39: Factors influencing the threat of substitutes in the food & grocery retail market in France, 2023
Figure 40: Drivers of degree of rivalry in the food & grocery retail market in France, 2023
Figure 41: Germany food & grocery retail market value: $ million, 2018-23
Figure 42: Germany food & grocery retail market category segmentation: $ million, 2018-2023
Figure 43: Germany food & grocery retail market geography segmentation: % share, by value, 2023
Figure 44: Germany food & grocery retail market value forecast: $ million, 2023-28
Figure 45: Forces driving competition in the food & grocery retail market in Germany, 2023
Figure 46: Drivers of buyer power in the food & grocery retail market in Germany, 2023
Figure 47: Drivers of supplier power in the food & grocery retail market in Germany, 2023
Figure 48: Factors influencing the likelihood of new entrants in the food & grocery retail market in Germany, 2023
Figure 49: Factors influencing the threat of substitutes in the food & grocery retail market in Germany, 2023
Figure 50: Drivers of degree of rivalry in the food & grocery retail market in Germany, 2023
Figure 51: Italy food & grocery retail market value: $ million, 2018-23
Figure 52: Italy food & grocery retail market category segmentation: $ million, 2018-2023
Figure 53: Italy food & grocery retail market geography segmentation: % share, by value, 2023
Figure 54: Italy food & grocery retail market value forecast: $ million, 2023-28
Figure 55: Forces driving competition in the food & grocery retail market in Italy, 2023
Figure 56: Drivers of buyer power in the food & grocery retail market in Italy, 2023
Figure 57: Drivers of supplier power in the food & grocery retail market in Italy, 2023
Figure 58: Factors influencing the likelihood of new entrants in the food & grocery retail market in Italy, 2023
Figure 59: Factors influencing the threat of substitutes in the food & grocery retail market in Italy, 2023
Figure 60: Drivers of degree of rivalry in the food & grocery retail market in Italy, 2023
Figure 61: Japan food & grocery retail market value: $ million, 2018-23
Figure 62: Japan food & grocery retail market category segmentation: $ million, 2018-2023
Figure 63: Japan food & grocery retail market geography segmentation: % share, by value, 2023
Figure 64: Japan food & grocery retail market value forecast: $ million, 2023-28
Figure 65: Forces driving competition in the food & grocery retail market in Japan, 2023
Figure 66: Drivers of buyer power in the food & grocery retail market in Japan, 2023
Figure 67: Drivers of supplier power in the food & grocery retail market in Japan, 2023
Figure 68: Factors influencing the likelihood of new entrants in the food & grocery retail market in Japan, 2023
Figure 69: Factors influencing the threat of substitutes in the food & grocery retail market in Japan, 2023
Figure 70: Drivers of degree of rivalry in the food & grocery retail market in Japan, 2023
Figure 71: Australia food & grocery retail market value: $ million, 2018-23
Figure 72: Australia food & grocery retail market category segmentation: $ million, 2018-2023
Figure 73: Australia food & grocery retail market geography segmentation: % share, by value, 2023
Figure 74: Australia food & grocery retail market value forecast: $ million, 2023-28
Figure 75: Forces driving competition in the food & grocery retail market in Australia, 2023
Figure 76: Drivers of buyer power in the food & grocery retail market in Australia, 2023
Figure 77: Drivers of supplier power in the food & grocery retail market in Australia, 2023
Figure 78: Factors influencing the likelihood of new entrants in the food & grocery retail market in Australia, 2023
Figure 79: Factors influencing the threat of substitutes in the food & grocery retail market in Australia, 2023
Figure 80: Drivers of degree of rivalry in the food & grocery retail market in Australia, 2023
Figure 81: Canada food & grocery retail market value: $ million, 2018-23
Figure 82: Canada food & grocery retail market category segmentation: $ million, 2018-2023
Figure 83: Canada food & grocery retail market geography segmentation: % share, by value, 2023
Figure 84: Canada food & grocery retail market value forecast: $ million, 2023-28
Figure 85: Forces driving competition in the food & grocery retail market in Canada, 2023
Figure 86: Drivers of buyer power in the food & grocery retail market in Canada, 2023
Figure 87: Drivers of supplier power in the food & grocery retail market in Canada, 2023
Figure 88: Factors influencing the likelihood of new entrants in the food & grocery retail market in Canada, 2023
Figure 89: Factors influencing the threat of substitutes in the food & grocery retail market in Canada, 2023
Figure 90: Drivers of degree of rivalry in the food & grocery retail market in Canada, 2023
Figure 91: China food & grocery retail market value: $ million, 2018-23
Figure 92: China food & grocery retail market category segmentation: $ million, 2018-2023
Figure 93: China food & grocery retail market geography segmentation: % share, by value, 2023
Figure 94: China food & grocery retail market value forecast: $ million, 2023-28

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • A101 Yeni Magazacilik AS
  • Aeon Co., Ltd.
  • Aldi Einkauf GmbH & Co oHG
  • Asda Stores Ltd
  • Avenue Supermarts Ltd
  • Axfood AB
  • Carrefour SA
  • Cencosud SA
  • China Resources Vanguard Co. Ltd.
  • Coles Group Ltd
  • Conad Consorzio Nazionale, Dettaglianti Soc. Coop. a.r.l.
  • Coop Danmark A/S
  • Coop Italia
  • Coop Norge SA
  • Coop Sverige AB
  • Costco Wholesale Corp
  • Dagrofa A/S
  • Distribuidora Internacional de Alimentacion SA
  • Edeka Zentrale AG & Co KG
  • Elo Group
  • Empire Co Ltd
  • Eurocash S.A.
  • FamilyMart Co., Ltd.
  • FEMSA Comercio SA de CV
  • Future Retail Ltd (Inactive)
  • ICA Gruppen AB
  • J Sainsbury plc
  • Jeronimo Martins SGPS SA
  • Kesko Corp
  • Koninklijke Ahold Delhaize NV
  • Koninklijke Jumbo Food Groep BV
  • Lawson Inc
  • Lidl Dienstleistung GmbH & Co KG
  • LIDL Magyarorszag Kereskedelmi Bt.
  • Loblaw Companies Ltd
  • Mercadona SA
  • Metro Inc
  • Migros Ticaret AS
  • NorgesGruppen ASA
  • Organizacion Soriana SAB de CV
  • Pick n Pay Stores Ltd
  • PT Sumber Alfaria Trijaya Tbk
  • Puregold Price Club Inc
  • Rallye SA
  • Reitan Group
  • Reliance Retail Ltd
  • REWE Group
  • Robinsons Retail Holdings Inc
  • S Group
  • Salim Group
  • Salling Group AS
  • Schwarz Unternehmenskommunikation GmbH & Co KG
  • Seven & i Holdings Co Ltd
  • Shoprite Holdings Ltd
  • SM Investments Corp
  • SPAR International
  • Sun Art Retail Group Ltd
  • Target Corp
  • Tesco PLC
  • The Kroger Co
  • Uni-President Enterprises Corp
  • Walmart Inc
  • Wm Morrison Supermarkets Limited
  • Woolworths Group Ltd
  • Yildiz Holding Inc
  • Yonghui Superstores Co Ltd