Convenience stores can meet people’s shopping needs to a large extent, and most of them are open 24 hours a day. In addition to being all over the community, convenience stores in China also occupy major gas stations. This post will introduce you to the top ten convenience store brands in China.
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1. Easy Joy 易捷
Easy Joy Convenience Store is a wholly-owned subsidiary of China Petrochemical Corporation. In 2016, it had 25,000 convenience stores nationwide with sales of 35.1 billion yuan. Although the number of stores and sales of Yijie convenience store is huge, because it is a state-owned enterprise, its operation method is relatively rigid, and its profitability is not optimistic. In 2017, Sinopec and JD.com officially launched a strategic cooperation. With the help of JD.com, EasyJoy will fully launch digital and intelligent upgrades. The goal is to become an offline intelligent retail product network with a wide coverage in China.
2. uSmile 昆仑好客
uSmile is a convenience store brand under China National Petroleum Corporation. In 2016, it had 17,000 convenience stores nationwide. Like EasyJet, Kunlun Hospitality also has a huge number of stores and sales, but its profitability is not optimistic, and many stores are even at a loss. EasyJet and Kunlun Hospitality are directly operated, and most of the following convenience store brands are franchisees, and the direct sales are far more valuable than franchises.
3. MYJ 美宜佳
Established in 1997, Meiyijia is a chain convenience store brand controlled by Dongguan Sugar and Wine Group, Guangdong Province. After 20 years of development, the number of Meiyijia reached 10,000 in 2017. In China, Meiyijia is a large franchised convenience store brand, far more famous than EasyJet and Kunlun Hospitality. In recent years, Meiyijia has launched a national expansion strategy, and has now launched business in more than ten provinces and cities including Fujian, Anhui, Chongqing, and Guangxi.
4. Tianfu 天福便利店
Dongguan Tianfu Convenience Store Co., Ltd. was established in 2004 and is one of the largest chain convenience store systems in Guangdong. According to data, Tianfu Convenience Store has created a rapid development speed in the history of convenience stores in China. In 2016, the number of convenience stores reached 3,311.
5. Hongqi Chain Store 红旗连锁
Chengdu Hongqi Chain Co., Ltd. was established in 2000. After more than ten years of development, it is currently a large-scale chain convenience store brand in western China. The stores are mainly concentrated in Sichuan Province. In 2017, the Hongqi convenience store chain had 2,713 stores. After more than ten years of development, Hongqi Chain has become a large-scale commercial chain enterprise integrating chain operation, logistics and e-commerce in western China, and the first listed convenience supermarket chain enterprise in China’s A-share market.
6. FamilyMart 全家
FamilyMart is a chain of convenience stores in Japan. In mainland China, the Shanghai FamilyMart preparatory office was established in 2002. In 2004, Shanghai Fumanjia Convenience Co., Ltd. was approved by the Ministry of Commerce. The FamilyMart brand officially entered the Shanghai market of China and started the operation of convenience stores in mainland China.
7. ZHSH 之上便利店
Founded in 1997, it is a subsidiary of Renben Group. Its annual sales in 2017 were nearly 7.2 billion yuan, and the total store area reached 510,000 square meters. At present, the convenience store has 9,400 employees and 2,003 chain stores. It is one of the largest chain supermarkets in Zhejiang Province with a wider coverage area.
8. 365 Convenience Store 365便利店
Hebei 365 Group invests, creates and operates a cross-border trade e-commerce comprehensive service platform specializing in the display and sale of imported goods, covering categories such as maternal and child products, personal care, nutrition and health care, food and beverages, and daily necessities.
9. 7-Eleven 7-11
The 7-Eleven brand originally belonged to the American Southern Company and became a Japanese company in 2005. In 2001, Dairy International Co., Ltd. and Guangdong Xinjie Business Development established a joint venture company, Guangdong Saiyi Convenience Store Co., Ltd., and was the first to obtain the “Approval Certificate for Taiwan, Hong Kong, Macao and Overseas Chinese Investment Enterprises of the People’s Republic of China” issued by the Ministry of Foreign Trade and Economic Cooperation of the People’s Republic of China. A pass to open 300 stores in Guangdong. In August 2002, 7-11 convenience stores reached 100 in southern China. In September 2007, Guangdong Saiyi announced that the company has invested more than 430 7-11 convenience stores in southern China, basically reaching breakeven.
10. QUIK 联合快客
QUIK, the full name of Shanghai Lianhua QUIK Convenience Co., Ltd. (formerly known as Shanghai Lianhua Convenience Commercial Co., Ltd.), was established on November 28, 1997, and is fully invested and managed by Lianhua Supermarket Co., Ltd. Its scale, sales and profits are in the leading position among its peers.
