Things are going well in the stock market, and Li Guangyu temporarily let go of his attention here, and shifted his attention to Xuelan Retail Company, a subsidiary of Hengyu Supermarket Group.

After several months of operation, the Vancouver store finally became profitable last month, not counting membership fees and salaries of the company's top management.

Excluding the salaries of the employees in the store, as well as utility bills and store fees, the profit of the Vancouver store of Shenando Supermarket last month was converted into US dollars, which was close to 5,000, which is equivalent to 39,000 Hong Kong dollars, which is less than the profit of a convenience store in Central for a week.

But this has already made Lee Guangyu very happy, and the monthly turnover of the Vancouver store continues to rise, and the number of members continues to increase, as long as it continues, the future prospects of Shenanda Supermarket will be very bright.

Li Guangyu has not been too familiar with this business model, so he has never had a bottom in his heart, and he is more willing to do retail in Dahengyu Supermarket, South China Electrical Appliance Chain and other models, and Xuelan Supermarket is more of an experiment.

Li Guangyu didn't have much hope for this, just like the Caojie Power Station Development Company, a joint venture with the mainland, it was the best to become the best, and if it couldn't, it would be easier to turn around in time, and it would be easier to become a Hengyu supermarket anyway.

At present, Vancouver, Toronto, Ottawa, and Quebec have entered the business of Shenlan Supermarket, and stores in Tokyo, Osaka, Nagoya, Taipei, and Kaohsiung are being renovated.

Canada is the center of gravity for the development of Syranny Supermarket, and the layout of Japan and Treasure Island is specially ordered by Li Guangyu to expand in order to counter Ito-Yokado and Wal-Mart.

In the conference room of Hengyu Supermarket Group, Li Guangyu, Gan Qin, Li Xuelan and the senior management of Hengyu Supermarket Group discussed the development of Xuelan Supermarket in the future.

Li Guangyu said loudly: "I am very happy to see that the Vancouver store of Shenando Supermarket can achieve profitability without relying on membership fees, which shows that this model is completely feasible, and then we need to consider expanding the scale of Shenanda Supermarket and seize the market of Costco and Sam's Club in advance. ”

The senior management of Hengyu Supermarket Group is very happy, with the recognition of Li Guangyu, Xuelan Supermarket will become the second Hengyu Supermarket, and in the future, Hengyu Supermarket Group will be Hengyu Supermarket, 7-11 convenience store and Xuelan Supermarket, each company is huge.

As long as this continues to develop, in the future retail market field, any of these three companies can squeeze into the top 10 of the global retail market, and they are in charge of three of the world's top 10 retail companies, which will make their prestige rise infinitely.

Li Xuelan is also very happy about this, her own core team is Hengyu Supermarket Group, the better the development of this group, the greater her voice within the Li consortium.

Moreover, this supermarket is named after her, and she naturally hopes that the bigger the Xuelan supermarket, the better.

Liu Weifang, vice president of the group, general manager of Xuelan Supermarket Company, said loudly: "Li Sheng, because of our model, it is now mainly suitable for development in Europe and the United States, and my personal opinion is to increase the layout in North America and Western Europe, especially the American market, I suggest focusing on the layout and seizing the market of Sam's Club and Costco in advance." ”

As the general manager of Xuelan Retail Supermarket Company, Liu Weifang naturally hopes that Xuelan Supermarket will expand as quickly as possible, she knows very well that the store scale is simply unrealistic to reach Hengyu Supermarket Group, in large cities, Hengyu Supermarket can open a number of stores, and they are suitable for opening one in one city, at most two.

She now hopes that Lee will approve more expansion funds, and she will first occupy the large urban markets in the United States, especially New York, Los Angeles, Philadelphia, San Francisco, Dallas, Houston, Washington, Chicago, Boston, San Jose and other places.

The expansion of Xuelan supermarket is much more convenient than Costco, logistics and warehousing are supported by Hengyu Supermarket Group, she does not need to think too much about it for the time being, and now Hengyu Supermarket Group is not short of funds, and is fully capable of layout in large and medium-sized cities in Canada and the United States.

Li Xuelan said loudly: "Li Sheng, I agree with Miss Liu's opinion, and at the same time, I propose to set up a Xuelan supermarket in Singapore, Xiangjiang and Seoul to see the market reaction in these regions."

In addition, we can't give up on the Western European side, we can temporarily set up one in London, Paris, Berlin, and Rome, and then expand to the periphery. ”

Chen Linwen, president of Hengyu Supermarket Group, has no opinion on such an expansion, anyway, there are a lot of funds in the account of Hengyu Supermarket Group, which is enough to support the expansion of Xuelan Supermarket.

In the first three quarters of this year, Hengyu Supermarket Group's turnover has exceeded 15 billion US dollars, and it is expected to exceed 20 billion US dollars this year.

If Kmart in the United States does not rise much this year, Hengyu Supermarket Group is likely to surpass them, and there is only one Sears left in front of them.

However, to catch up with Sears, Hengyu Supermarket Group estimates that it will take a few years, this year's Sears is too demonic, to change the president from Sears, turnover continues to soar, last year was a turnover of 27 billion US dollars, in the first three quarters of this year has reached 35 billion revenue, and the annual revenue is expected to be more than 47 billion US dollars.

Wal-Mart is getting farther and farther away from Hengyu Supermarket Group, with revenue of only $9 billion in the first three quarters and is expected to be around $13 billion this year.

The rapid expansion of Xuelan Supermarket will enable Hengyu Supermarket Group to quickly top the world's largest in terms of revenue, which is a huge honor, which is also what the senior management of Hengyu Supermarket Group has been striving for.

It's a pity that they don't know in the future that Li Guangyu will divide Hengyu Supermarket Group into four in the future, Hengyu Supermarket will stay in Hengyu Supermarket Group, 7-Eleven will become an independent convenience store chain group, and Xuelan Retail Supermarket will also become an independent group.

Hengyu Logistics is also an independent group, specializing in logistics services for the entire Lee consortium, which will also integrate Heung Kong Freight Company and Wheelock Shipping Company.

In the future, Wheelock Group will mainly be Wheelock Plaza, and the fleet will be more abrupt there, so it is better to integrate it into logistics.

At that time, these three major retails plus South China electrical retail will be the largest cash flow pillar of the Li consortium, and the only advantage of these groups under the Li consortium is that they do not need to worry about the rise in housing prices, and Li Guangyu has basically bought these stores by himself.

After Li Guangyu waited for these high-level speakers, he said loudly: "I know that the group is now asking for money, money and people, and I can understand your eagerness to seize the market, but Xuelan Supermarket is different from 7-11 and Hengyu Supermarket, due to the particularity of the membership system, we need to understand the local market in detail, and then select the site for construction, and the expansion should not be too hasty."

This year, I'm proposing to build eight more in North America, four in Asia, and four in Western Europe, and then expand again. ”

Li Guangyu knows very well that if he doesn't give a limit on the quantity, Li Xuelan and Hengyu Supermarket Group are estimated to be like Fujiwara Huiyin, and they can make hundreds of them at one time, and the funds on the account of Hengyu Supermarket Group are very abundant.

In the first three quarters, Hengyu Supermarket Group's profit exceeded 2.5 billion US dollars, and there is no limit, and they can plan this money to the end.

You must know that now after the year-end summary every year, their profits have to be handed over, and the major groups are now trying to get expansion funds from Li Guangyu, so as not to hand over all the group's profits.

Li Xuelan and the others listened to Li Guangyu's restrictions, although they were a little disappointed in their hearts, but they still agreed, Li Guangyu had already decided, even if they objected, it was useless.

Fang Ruoqiang, executive vice president of Hengyu Supermarket Group, said: "Li Sheng, at present, our supermarket can expand to the inland provincial capitals of the mainland, but this poses a considerable challenge to our supply, which involves a storage base, do we need to establish a storage center in each provincial capital?"

Now the top management of Hengyu supermarket group is also more difficult, each provincial capital is established, only serving a few stores in the provincial capital, the cost is too high, if not built, with the current traffic in the mainland, the distribution can not keep up.

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