On September 28, the China Enterprise Federation and the China Entrepreneurs Association released the 2020 list of the top 500 Chinese enterprises.SuningThe holding group was once again shortlisted with revenue of 665.259 billion yuan, winning the “Internet Retail No. 1” award in one fell swoop. It is also the only private enterprise in the top 10 of the top ten in the service industry's top 500 list.
In terms of scale, the revenue of the top 500 Chinese enterprises in 2020 has maintained a growth trend for 18 consecutive years, achieving a total revenue of 86.02 trillion yuan, an increase of 8.75% over the previous year, and an increase of 3.636 billion yuan over the previous year's entry threshold. Among them, as a leading smart retail enterprise in China, Suning Holding Group's revenue exceeded the 650 billion mark for the first time, becoming the representative and leader of private enterprises in the list.
Standing at 30: Suning has entered the rankings of many of the top 500 companies
Since this year, despite being challenged by special circumstances, Suning has maintained a steady trend of bucking the trend and is “ranked on the list” of the top 500 companies. On August 10, “Fortune” magazine announced the 2020 World Top 500 ranking. Suning Tesco, a subsidiary of Suning Holding Group, entered the list for the fourth year in a row. In the 2020 list of China's top 500 private enterprises announced by the All-China Federation of Industry and Commerce on September 10, Suning Holding Group ranked second in the top 500 private enterprises in China and number one in the top 100 private enterprises in China in the service industry, ranking first in the Internet retail industry, and sixth in the top 100 sustainable development of Chinese enterprises in 2020.
As a representative of private enterprises in China that have been deeply involved in the retail industry for 30 years, Suning is in a new stage of cloud-based development and open empowerment. In the future stage of development, how to further consolidate and export the five core competencies, including scenarios, supply chain, marketing, logistics, and finance, will be the key to Suning's conquest.
At the 818 Suning 30th anniversary press conference this year, Gu Wei, vice president of Suning Tesco, announced that Suning was upgraded from a “retailer” to a “retail service provider,” while also upgrading its brand mentality to “focus on good service,” ushering in a new decade of “scenario retail service.” Relying on the deep integration of online and offline retail scenarios, Suning has formed a “one big, two small, and multi-specialty” offline scenario ecology. At the same time, through digital empowerment, it has vigorously developed social marketing matrices such as Suning's promotion, live streaming in stores, and small groups in the Soviet Union.
Full scenario layout: Suning ushered in a new decade of scene retail services
Recently, it was appropriateCarrefourOn the first anniversary of joining Suning, with the continuous support of Suning, Carrefour achieved transformation around “five major upgrade strategies” such as digital upgrading, supply chain integration, and scenario transformation. It achieved its first quarterly profit in 7 years in the fourth quarter of last year, and helped Suning's FMCG supply chain to be deeply integrated and rapidly improve its operational capacity. In the first half of this year, sales in the FMCG and daily-use department stores categories in Suning increased by 106.70% year on year, becoming an important growth pole other than the “Home Appliance 3C.”
In the future, Carrefour will match consumers in the three scenarios and business district layouts in the distance, middle, and recent business districts, develop a “1+2+1” model composed of Carrefour Community Life Centers, Carrefour Premium and Select Stores, and Carrefour Community Fresh Stores, etc., to provide users with a new one-hour lifestyle concept of “one-stop shopping” in line with business formats such as Suning Plaza and Suning Small Stores.
At the same time, Suning will also vigorously develop Internet store construction, keep abreast of the social, social, and content-based consumption characteristics of users, incorporate the emerging live streaming delivery into the social marketing matrix, and connect with Suning's various business formats within 3 km, making the retail scene richer, more comprehensive, and more grounded.
During the 2021 school recruitment period, Suning specially launched the “Internet Store Manager Project”, which hopes to cultivate young talents who understand the market, the community, the consumer, and have an Internet mindset and a flexible mind, so that they can becomeUnicomA hub for consumers and Suning's smart retail scene.
Zhang Dongdong, chairman of Suning Holding Group, also said, “We will further enhance the penetration and application of digital capabilities in all retail chains and scenarios, and at the same time participate deeply in the global service value chain, give full play to the advantages of all categories, scenarios, and customer groups to serve the global consumer market.” What kind of surprises will Suning bring as it enters a new decade? Let's wait and see.