# RT-Mart
Latest news and articles about RT-Mart
Total: 3 articles found
The Retail Alchemist: How Samuel Yin Outmaneuvered Global Giants and Bequeathed a Fortune to Science
Samuel Yin, the founder of RT-Mart who successfully outcompeted global retail giants in China and strategically sold his empire to Alibaba at its peak, has died at 76. His career was defined by academic excellence, engineering innovation, and a massive philanthropic commitment to donating 95% of his wealth.
The Architect of Modern Chinese Retail: Remembering Ruentex’s Yin Yen-liang
Yin Yen-liang, the founder of RT-Mart and a major benefactor of Peking University, has died at 76, leaving behind a legacy that spans from revolutionary retail expansions to the institutionalization of business education in China. His career was defined by the successful sale of his retail empire to Alibaba and the creation of the Tang Prize, an international award for academic and scientific excellence.
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.