| Title: | China: Supermarkets and Hypermarkets Development in China |
| Price: | $675.00 |
| Publication Date: | Mar 06, 2008 |
| Source: | ISI Analytics |
| Abstract: | The number of supermarkets per household in China is 3 times of Hong Kong and 17 times of Taiwan. In 2006, the number of supermarket outlets in China increased by 10% from the previous year to nearly 70,000. Meanwhile, hypermarkets have seen the fastest growth of any sector. Statistics indicate that 70% of the world's top 50 retailers have entered China, but they currently occupy only around 8% of the market. The retail market in China is the third largest in the world, next to US and Japan. In 2006, total retail sales of US$ 983 billion were up 13.6% from the previous year. |
| Word Count: | 7366 |
| Length: | 22 Pages |
| Document ID: | CS1 |
| Industry: | Supermarkets |
| Country: | China |
| Format: |
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