manynovel Chapter 956 Opportunities and Risks
Chapter 956 Opportunities and Risks
Sun Zhaolun put down the phone, his heart was still surging. Originally, he just wanted to tell Fang Mingyuan this as an interesting thing, and listen to Fang Mingyuan's opinion, to see if he could get some benefits from Wal-Mart, but he didn't think of it. Fang Mingyuan actually said such a thing.
To wrestle with Wal-Mart, to open stores in the U.S. to Wal-Mart’s home market, and to compete for the number one position in the global industry that Wal-Mart has been sitting on for many years, these words make Sun Zhaolun’s heart tremble. A flame of contention was ignited.
It's just easy to say, but Sun Zhaolun is still under a lot of pressure if he really wants to compete with Wal-Mart on a global scale.
Wal-Mart’s sales in 440 were 12.00 billion US dollars, an increase of 80% compared with the same period last year. Three, the profit is a giant of 140 billion US dollars, with more than [-] shopping malls, discounts stores, Sam's Club stores and community stores, with stores in twelve countries around the world, employing more than [-] million workers.Although Carrefour Group is the well-deserved leader in China, compared with Wal-Mart, it lags far behind in terms of sales, profits, number of stores and the number of workers employed, not even one-tenth of Wal-Mart.
During the phone call, Fang Mingyuan also mentioned this point. Although there is still a big gap between Carrefour Group and Wal-Mart, this does not prevent Carrefour Group from considering Wal-Mart as their goal of catching up!
The world is constantly developing and changing, and there is a huge gap today.It does not mean that Carrefour Group will not be able to catch up with Wal-Mart in the future.This is like Kmart, which declared bankruptcy at the end of [-].
Speaking of Kmart, Sun Zhaolun is no stranger, but most Chinese people may feel quite strange.But Kmart was once the largest discount retailer in the United States and one of the largest wholesalers in the world. More directly, it is the originator of modern supermarket retail enterprises!Just like talking about the history of the automobile industry, it is impossible not to talk about Ford, and when talking about the modern supermarket retail industry, one has to mention Kmart, which used to be the world's largest supermarket chain enterprise and the world's largest The retail enterprise, the first in the world to use the modern supermarket collection system.It even created an industry standard for comprehensive retail enterprises.
When Wal-Mart went public, Kmart was already the largest retail chain store in the United States at that time, and its annual sales were nearly fifty times that of Wal-Mart.The number of stores is nearly thirty times that of Wal-Mart.In the 80s, although Kmart's sales reached nearly 200 billion US dollars, it was the second largest retailer in the world, mediating the gap between it and Wal-Mart.Whether it is annual sales or the number of stores.have been reduced to less than five times.In other words, Wal-Mart has used more than ten years to greatly narrow the distance between the two.
In the early 90s, due to a series of wrong acquisitions by Kmart, Wal-Mart successfully surpassed it and another company called Sears, and became the largest retail company in the United States. The operating income has exceeded the sum of the operating income of other similar enterprises in the United States!
It took Wal-Mart about 20 years.It has made itself the largest supermarket chain retail enterprise in the United States and even in the world, and Carrefour Group sits on the fastest growing Chinese market in the world.The gap with Wal-Mart is also far smaller than the gap between Wal-Mart and Kmart. Why can't Wal-Mart be regarded as the goal of catching up?
These words made Sun Zhaolun's little worries disappear. Yes, what Wal-Mart can do, when he is in a more favorable position than it was back then, is there any reason why he can't do it?
However, Fang Mingyuan also seriously mentioned on the phone that he must be firm in his determination to challenge Wal-Mart, but he must not be too ambitious. He must first lay a good foundation and do a good job in China's retail market.Wal-Mart has nearly 660 stores in the United States, while Carrefour Group has nearly four times the population of the United States. The land area is as large as China, and the number of stores has not exceeded [-]. It does not even cover [-] cities in China. .This shows that the domestic market still has a lot of room for development.
Moreover, Fang Mingyuan also solemnly mentioned that although the Carrefour Group has developed to this day, it is true that it will continue to expand, but it must also beware of the "anti-chain phenomenon"!That is to say, with the continuous expansion of the scale of the domestic chain supermarket industry, even if more stores are opened, the profit growth rate of the domestic supermarket industry has shown a slowdown trend. High, generally only a few percent, most companies can't even reach [-]%, it can be said to be a low-profit industry!
This point can be seen from the profit margin of Wal-Mart. The annual operating income is close to 500 billion U.S. dollars, but the final profit is only 80 billion U.S. dollars. If this is done in other industries, such a profit margin is completely impossible!
The slowdown in profit growth will inevitably affect the continued development of this industry. At the same time, these foreign retail giants are speeding up their entry into the Chinese market. Therefore, Carrefour Group should not take it lightly. At the same time, it is also necessary to ensure that profits increase in the same proportion...
Recalling the conversation just now, Sun Zhaolun's heart is also warm. Over the years, since Fang Mingyuan has mostly focused on other companies, it can be said that he has less and less time to ask questions about the development of the Carrefour Group. , Many people in the management of Carrefour Group complained about this. After all, Carrefour Group can be said to be the foundation of the Fang family, and it is also the first company of the Fang family to have extensive influence in China.
But now it seems that although Fang Mingyuan doesn't care much about the affairs of the Carrefour Group on the surface, he is actually thinking about the future development direction of the Carrefour Group. Otherwise, how could he just tell him the president of Wal-Mart Asia? Rodman sent people to the Shanghai stock market to discuss with him about the shares of Seiyu Corporation, and as a result, so much was pulled out.
How could Fang Mingyuan say such reasonable words without long-term accumulation of knowledge and attention to the international retail industry. (To be continued..)