China Retail Giants 2024: Walmart Leads Top 10 with Suning, RT-Mart, Hema……
China Chain Top 100 2024 Report
Issued by China Chain Store & Franchise Association (CCFA)
Core Performance Metrics
Total Sales: ¥2.13 trillion (*+4.9% YoY*)
Total Stores: 257,200 (*+13.5% YoY*)
Category Breakdown
100% of 2024's new stores came from Convenience & Specialty chains.
Key Changes vs 2023
✅ New Entrants:
Wanchen Biology, Bestore, Xiya Hemei, Juewei Food, Guizhou Heli
✅ ¥30B+ Sales Club:
Expanded from 21 to 24 enterprises
✅ Top 10 Shift:
Hunan Mingming Henmang entered Top 10
Double-Digit Growth Stars
10 enterprises achieved >10% growth in BOTH sales and stores:
Hema (盒马)
Mingming Henmang (鸣鸣很忙)
Wanchen Biology (万辰生物)
7-Eleven China (柒一拾壹)
Costco China (开市客)
Shizu (十足)
Biyoute (比优特)
Coodoo (酷动)
Xingguo Tech (芯果科技)
Old Neighbor (老邻居)
Market Leader:
Walmart China retained #1 with ¥158.845 billion sales.
CCF China (Shanghai) International Consumer Goods Fair & Modern Lifestyle Expo(Spring)
Global Fragrance Expo
March 19-21 • Shanghai New International Expo Centre
New product debuts • Booth reservations open