# Yonghui

Yonghui’s Costly Copycat Gambit: Why Mimicking Pangdonglai Is Deepening Its Losses

Yonghui’s 2025 results reveal a RMB 2.14 billion loss and the fifth straight year of deficits after an aggressive refit programme modeled on Pangdonglai. Traffic gains from the refits have not translated into profit because Yonghui has replicated the superficial features of Pangdonglai without its deep labour, procurement and trust‑based economics, leaving the chain cash‑strained and dependent on a risky RMB 3.1 billion fundraising round.

SoBiz2026年1月26日 03:50

#Yonghui#Pangdonglai#Chinese retail

Colorful soda cans including Fanta, Pepsi, and Coca-Cola arranged on supermarket shelves, price tags visible.

Business

Yonghui’s Painful Reinvention: Heavy Losses as China’s Supermarket Trims for a New Retail Era

Yonghui Superstores reported a large projected net loss for 2025 as it shuts and refits hundreds of outlets while pivoting from expansion to ‘quality growth’. One-off writedowns, closure costs and investments have driven five consecutive years of losses, while early signs from remodelled stores are promising but not yet material enough to offset the short-term pain.

SoBiz2026年1月23日 04:40

#Yonghui#China retail#store remodelling