Resource Tycoon Reborn

Chapter 956 Opportunities and Risks (Seeking Monthly Pass)

Sun Zhaolun put down the phone, his heart 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 out of Wal-Mart, but he didn't expect that.

Fang Mingyuan actually said such words.

Sun Zhaolun wanted to fight with Wal-Mart, open stores in the United States and into Wal-Mart's home market, and compete for the number one position in the global industry that Wal-Mart has held for many years. This sentence made Sun Zhaolun's heart tremble.

The flame of competition for supremacy was ignited.

It's easy to talk, but if he really has to compete with Wal-Mart on a global scale, Sun Zhaolun is still under a lot of pressure.

Wal-Mart's sales in 2002 were US$244.5 billion, an increase of 12.3% compared with the same period last year, and its profits were US$8 billion. It has 3,770 employees.

There are more than 100 shopping malls, discount stores, Sam's Club stores and community stores in 12 countries around the world, employing more than 1.4 million workers. Although the Carrefour Group is the well-deserved leader in China, it has a long-term relationship with Wal-Mart.

In comparison, sales, profits, number of stores and number of employed workers all lag far behind, not even one-tenth of Wal-Mart's.

On the phone, Fang Mingyuan also mentioned this. Although there is still a big gap between Carrefour Group and Wal-Mart, this does not prevent Carrefour Group from taking Wal-Mart as its goal to catch up!

The world is constantly developing and changing. Today's huge gap does not mean that Carrefour Group will not be able to catch up with Wal-Mart in the future. This is just like the American Kmart Company that declared bankruptcy at the end of 2002.

Speaking of Kmart, Sun Zhaolun is no stranger, but most Chinese people may feel quite unfamiliar. However, 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-type retail enterprises! Just like when talking about the history of the automobile industry, it is impossible not to mention Ford. When talking about modern supermarket-type retail industry, you have to mention Keima

Special Company, it was once the world's largest supermarket chain, the world's largest retail enterprise, the first in the world to use a modern supermarket payment system, and 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. Its annual sales were nearly fifty times that of Wal-Mart, and its number of stores was nearly thirty times that of Wal-Mart. By the 1980s,

Although Kmart's sales have reached nearly 20 billion U.S. dollars, making it the second largest retailer in the world, the gap between it and Wal-Mart, both in terms of annual sales and number of stores, has shrunk to less than five times.

In other words, Wal-Mart has used more than ten years to greatly shorten the distance between the two.

In the early 1990s, due to a series of wrong acquisitions by Kmart, Wal-Mart successfully surpassed Kmart and another company called Sears to become the largest retail company in the United States.

, Wal-Mart's operating income has exceeded the combined operating income of other similar companies in the United States!

It took Wal-Mart about 20 years to become the largest supermarket chain retail enterprise in the United States and even the world. Carrefour Group sits on the fastest-growing Chinese market in the world, and the gap between it and Wal-Mart is also far away.

It is far smaller than the gap between Wal-Mart and Kmart back then. Why can't Wal-Mart be regarded as the target of catching up?

These words completely dispelled all the worries in Sun Zhaolun's heart. Yes, Wal-Mart can do things that he is now in a more advantageous position than he was back then. Is there any reason why he can't do it?

However, Fang Mingyuan also mentioned very seriously on the phone that we must be firm in our determination to challenge Wal-Mart, but we must not aim too high. We must first lay a solid foundation at our feet and do a good job in China's retail market. Wal-Mart has a long history in the United States.

There are 3,000 stores, and the Carrefour Group has a population almost four times that of the United States. China, which has a similar land area, has no more than 1,500 stores, and it does not even fully cover 660 domestic cities. This shows that

, the domestic market still has a lot of room for development.

Moreover, Fang Mingyuan also solemnly mentioned that Carrefour Group has developed to this day. Although it must continue to expand, it must also beware of the "anti-chain phenomenon"! In other words, as the scale of the domestic chain supermarket industry continues to expand,

Even if more stores are opened, the profit growth rate of the domestic supermarket industry has shown a slowing trend. The average profit of chain supermarkets is not high to begin with, generally only a few percent, and most companies even have a profit of 2%.

Even if it can’t be achieved, it can be said to be a low-profit industry!

This can be seen from the profit margin of Wal-Mart. The annual operating income is close to 250 billion US dollars, but the final profit is only 8 billion US dollars. If it were switched to other industries, such a profit rate would be completely impossible.

of!

The slowdown in profit growth will inevitably affect the continued development of this industry. At the same time, these foreign retail giants are accelerating their entry into the Chinese market. Therefore, Carrefour Group cannot take it lightly and must continue to develop and expand.

At the same time, we must also ensure that profits increase in the same proportion...

Recalling the conversation just now, Sun Zhaolun felt warm in his heart. Over the years, because Fang Mingyuan has focused most of his attention on other companies, he has paid less and less attention to the development of Carrefour Group.

, many people in the management of Carrefour Group have complaints 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 widespread influence in the country.

But now it seems that although Fang Mingyuan does not have much involvement in the affairs of Carrefour Group on the surface, in fact, he is also thinking about the future development direction of Carrefour Group. Otherwise, how could he have just told him that today he is the president of Wal-Mart Asia?

Rodman sent someone to the Shanghai stock market to discuss with him about Seiyu's shares, and so much was revealed.

How could Fang Mingyuan say such reasonable words without a long period of knowledge accumulation and attention to the international retail industry.

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