Hema Fresh among top 10 supermarket enterprises in China by sales
China Chain Store and Franchise Association released, on June 21, the 2022 top 100 supermarket enterprises by sales in China. Their total sales registered at 936.89 billion yuan ($129.85 billion), and the total number of stores was 28,413.
Data shows that Walmart China ranked first, with a total sales volume (including tax) of 109.31 billion yuan in 2022. Yonghui Superstores and Kangcheng Investment (China) ranked second and third, with a total sales volume (including tax) of 97.987 billion yuan and 92.012 billion yuan in 2022, respectively.
Hema Fresh, a retail sales arm of Alibaba Group, ranked sixth on the list.
A saleswoman shows a king crab at a Hema Fresh store in Hangzhou, capital of Zhejiang province. [Photo by Long Wei/For China Daily]
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