Listed Companies: Over 60% Failed To Achieve Revenue Growth

Retail industry veteran said that after several years of development, the "double 11" has become a national promotion Festival, which is also the peak season for seasonal sales. "Double 11" electricity supplier Physical retailing There must be a shock. The entity store should take the initiative to keep customers. And this year's continued downturn in early performance is also one of the reasons why physical stores have stepped up sales promotion.

The China National Business Information Center forecast that sales of commodities in the fourth quarter will still face greater pressure. Large retail enterprises will not be able to get out of the industry downturn for a short time. Insiders told reporters that in order to sprint the performance, the competition among the entities in the fourth quarter will be greater and the discount war will be more frequent.

Reporters observed that in the face of the general downturn in the physical retail market, the traditional retail enterprises have been moving in to transform, and find new ways and growth points through the involvement of electricity providers, cross-border cooperation and Baotuan heating.

Reporters found that the cold winter of traditional physical retail industry is still continuing. Wind data show that as of October 29th, 56 Commercial and retail companies announced three quarterly reports, with only 20 companies achieving year-on-year revenue growth and 26 net profit growth.

Among them, Nanning department store, Xinhua City, everyone is happy. Chengshang group Net profit fell more obviously, falling 435.18%, 385.41%, 82.58% and 55.62% respectively. In addition, friendly group, happy purchase, Ginza shares, Tianjin persuade industry, Xinhua Department store, Hualian Union supermarket and big business share net profit fell by more than 40%.

and Guangzhou The two big listed department stores also failed to do their best. Guang Bai shares 1~9 yuan operating income of 5 billion 440 million yuan, a year-on-year decrease of 3.9%; net profit of 164 million yuan, an increase of 8.72% over the same period last year. Guangzhou friendship, which released its three quarter results just yesterday, was 623 million yuan in the first three quarters, down 16.56% compared to the same period last year. Net profit was 41 million yuan, down 5.89% compared to the same period last year.

According to the statistics released by the China National Business Information Center, the number of retail sales of major retail enterprises in China dropped by 9.6% over the same period last year, showing the first negative growth over the past year.

Compared with previous years, this year's "double 11", a number of shopping malls have increased the promotion of self built e-commerce platform, such as Guang Baihui will have 300 explosive products at the same time offline sale of low price line; friendship network Tesco hundreds of electrical products single depth preference, supermarket ad hoc 11/111 yuan average price area. The modern network is the introduction of registration to send 199 yuan gift package, most of the cross border duty paid goods are reduced by 199 from 50, and the duty paid commodity is reduced by 10 yuan. Pay attention to the modern department store micro life can get the modern network 20 yuan coupons.