# Hypermarkets

Empty Aisles and Revolving Doors: The Unraveling of China’s Hypermarket Giant

Sun Art Retail, the parent of RT-Mart, has reported a 319 million yuan loss and a significant revenue decline for fiscal year 2026. The company is currently mired in a leadership crisis, having cycled through four CEOs in two years, as it struggles to adapt to the decline of the traditional hypermarket model in China.