Retailers/Yonghui/News article

Yonghui closes three Bravo supermarkets and 14 Mini Stores

Date : 01 September 2020

Charles Chan

Senior Retail Analyst

Yonghui has closed three Bravo supermarkets and 14 Mini Stores in China. Our view Despite the recent store closures, Yonghui remains one of the fastest growing retailers in China. Revenue grew 20.4% in 2019. Its strong fresh offer and omnichannel operations continue to support growth.…
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