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home > industry news > yonghui supermarket's "learning from pang donglai" journey
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the company's data showed that the main reason for the decline in revenue was fierce retail competition and changes in the consumption habits of some consumers. customer flow and customer orders both declined to a certain extent, which directly led to a decrease in gross profit generated by sales. at the same time, operating income fell by 4.248 billion yuan, resulting in a sharp decline in gross profit.
in order to cope with this challenge, yonghui supermarket has adopted a strategy of "closing stores to stop losses". so far, 57 stores have been closed. the company has also actively adjusted its business model, such as reorganizing the product structure of pangdonglai and introducing pangdonglai's own products.
in addition, yonghui supermarket has also significantly increased the remuneration of its employees and taken the action of "learning from pang donglai", which shows that yonghui supermarket hopes to achieve its own transformation and upgrading through learning and practice.
yonghui supermarket has also experienced many challenges on the road of "learning from pang donglai". for example, when two stores in zhengzhou carried out "pang donglai-style" adjustments and reforms, the number of goods decreased by 70%, while the customer flow increased by nearly 10 times, which shows the effectiveness of this strategy. however, the new model also brings new challenges. for example, the xilongduo shopping center in beijing will officially enter the stage of store closure and adjustment, and plans to resume normal business on october 19.
yonghui supermarket's journey of "learning from pang donglai" is full of challenges and opportunities. in the future, the company needs to continue to reform and explore in order to achieve its transformation and upgrading goals and consolidate its position in the market.