China Resourses Enterprise 2010: A Company Profile
Access Asia
May 1, 2010 21 Pages - SKU: ACS2735141
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Countries covered: China
The shift towards hypermarket and superstore is evident in the store opening trend in the past few years cross CRE’s businesses. Aside from the 1,100% growth for Olé from between 2004 and 2008, there has been a strong growth in hypermarkets, up 444.44% between 2004 and 2008.
The number of self-operated stores exceeded franchise stores in 2008, indicating CRE’s growing preference for expansion through self-operated stores, rather than through franchisees, where quality is harder to control.
Average sales per outlet were significantly lower than the average for the top-50 FMCG retailers in China in 2008, for both Suguo and CR Vanguard. The company will be looking to increase this measure through opening of larger format stores in the future.
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Additional InformationAccess Asia’s Company Profile series of reports are meant to provide independent analysis on Chinese companies either in the news, or on the M&A radar. All company profiles contain contact details, company background and history, key activities in China, a SWOT analysis and key financial figures. We also include any key company events that have made the news, new product releases and branding activity.
- 1 Overview
- 2 China Resources Enterprise
- 2.1 Company Details
- 2.2 Company Background
- Table 2.1 CHINA RESOURCES ENTERPRISE: PRINCIPAL RETAIL SUBSIDIARIES & ASSOCIATES IN CHINA, END-2009
- Table 2.2 CHINA RESOURCES ENTERPRISE: GEOGRPAHICAL TURNOVER BREAKDOWN OF SUPERMARKET BUSINESS, 2004-2009
- Table 2.3 CHINA RESOURCES ENTERPRISE: SUPERMARKET BUSINESS OUTLET BY PROVINCE, 2009
- Table 2.4 CHINA RESOURCES ENTERPRISE: SUPERMARKET BUSINESS TURNOVER BREAKDOWN BY STORE FORMAT, 2008
- 2.3 Company Recent Developments
- 2.3.1 Company Recent Developments: Network Expansion
- Table 2.5 CHINA RESOURCES ENTERPRISE: BREAKDOWN OF CR VANGUARD & SUGUO STORES IN CHINA BY STORE FORMAT, 2004-2008
- Table 2.6 CHINA RESOURCES ENTERPRISE: BREAKDOWN OF STORES IN CHINA & HONG KONG BY FORMAT, 2008-2009
- Table 2.7 CHINA RESOURCES ENTERPRISE: BREAKDOWN OF CR VANGUARD & SUGUO STORES IN CHINA BY STORE MANAGEMENT (FRANCHISE/SELF-OPERATED), 2004-2008
- Table 2.8 CHINA RESOURCES ENTERPRISE: NUMBER OF SUGUO, CR VANGUARD STORES IN CHINA, 2004-2008
- 2.3.2 Company Recent Developments: New Formats
- Table 2.9 CHINA RESOURCES ENTERPRISE: CR VANGUARD STORES IN CHINA, 2006-2008
- 2.3.3 Company Recent Developments: Geographical Spread & Ownership
- Table 2.10 CHINA RESOURCES ENTERPRISE: CR VANGUARD STORES BY GEOGRAPHICAL LOCATION & OWNERSHIP IN CHINA, 2006-2008
- Table 2.11 CHINA RESOURCES ENTERPRISE: CR VANGUARD STORES BY GEOGRAPHICAL LOCATION, 2006-2008
- Table 2.12 CHINA RESOURCES ENTERPRISE: SUGUO STORES IN CHINA, 2004-2008
- Table 2.13 CHINA RESOURCES ENTERPRISE: SUGUO STORES BY GEOGRAPHICAL LOCATION IN CHINA, 2004-2008
- 2.3.4 Company Recent Developments: Same Store Sales
- Table 2.14 CHINA RESOURCES ENTERPRISE: SAME-STORE SALES OF SUPERMARKET BUSINESS, 2003-2009
- 2.3.5 Company Recent Developments: Recent Activities
- 3 China Resources Enterprise’s Market
- 3.1 The Supermarket Retailing Industry
- 3.1.1 The Supermarket Retailing Industry: Total Retail Above Government Statistics Threshold
- Table 3.1 TOTAL RETAIL INDUSTRY ABOVE THE GOVERNMENT STATISTICS THRESHOLD, 2003/2009
- 3.1.2 The Supermarket Retailing Industry: The Total Retail Industry
- Table 3.2 THE TOTAL RETAIL INDUSTRY STRUCTURE, 2003/2009
- 3.1.3 The Supermarket Retailing Industry: Supermarket Significance Within the Total Retail Industry
- Table 3.3 SUPERMARKET SIGNIFICANCE WITHIN THE TOTAL FOOD RETAIL INDUSTRY, 2003-2009
- 3.2 Supermarket Industry Sectors By Size
- 3.2.1 Supermarket Industry Sectors By Size: Size Definitions & Averages
- Table 3.4 ESTIMATED AVERAGE SUPERMARKET OUTLET SALES, PROFITS, SIZE & STAFF (INCLUDING STORES BELOW THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
- 3.2.2 Supermarket Industry Sectors By Size: Outlets
- Table 3.5 ESTIMATED SUPERMARKET NUMBER OF OUTLETS (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
- 3.2.3 Supermarket Industry Sectors By Size: Floorspace
- Table 3.6 ESTIMATED SUPERMARKET AREA OF FLOORSPACE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
- 3.2.4 Supermarket Industry Sectors By Size: Sales
- Table 3.7 ESTIMATED SUPERMARKET SALES REVENUE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
- 3.2.5 Supermarket Industry Sectors By Size: Profits
- Table 3.8 ESTIMATED SUPERMARKET NET PROFITS (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
- 3.2.6 Supermarket Industry Sectors By Size: Footfall & Basket Size
- Table 3.9 AVERAGE SUPERMARKET CUSTOMER VISITS & BASKET VALUE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
- 3.3 Leading Supermarket Retailers
- 3.3.1 Leading Supermarket Retailers: Selected Listed Retailer Revenues
- Table 3.10 SELECTED LISTED RETAILERS’ MAIN OPERATING REVENUES*, 2004-2009
- 3.3.2 Leading Supermarket Retailers: Selected Listed Retailer Supermarket Business Share of Revenue
- Table 1.59 SELECTED LISTED RETAILERS’ SUPERMARKET/HYPERMARKET REVENUES & MARGINS, 2004-2009
- 4 China Reources Enterprise’s Finances
- 4.1 Company Results
- Table 4.1 CHINA RESOURCES ENTERPRISE: FINANCIAL RESULTS OF SUPERMARKET BUSINESS, 2004-2009*
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