Chapter 769 Exit the market
After Li Xuelan hung up Chen Junhua's call, she immediately came to Li Guangyu's office and reported to Li Guangyu the issue of supply prices in mainland China.
After thinking for a while, Li Guangyu decided to agree. After all, the mainland also hopes to use this matter to contribute to the stability of Hong Kong and let the more than five million citizens of Hong Kong know that the mainland has not forgotten them and is always caring about their production.
Life.
Li Guangyu said, "Your group has to make good accounts. How much damage has been done to the mainland this time? When the time comes, your Hengyu Supermarket Group will return to the mainland in the form of charity. This time it is our own decision. We should not let them
Pay for it."
After hearing this, Li Xuelan said, "Li Sheng, I will ask the financial department to do a good job in this regard. At that time, we will assist the Guangdong Province in batches. Our Hengyu Supermarket Group will not make any profit from this this time."
Take the slightest profit."
She knew very well that Li Guangyu did not want to owe the other party a favor. No matter what the reason was, what their supermarket group did was the Li's consortium's own business, and there was no need for other companies and forces to pay for it.
The press conference held by the Li Group has a great impact on all walks of life in Hong Kong. The Li Group has established a very good reputation in Hong Kong over the years, so after Gan Qin's press conference, they rushed to buy daily necessities at Watsons and Hengyu Supermarket Group.
The frenzy of the citizens slowed down.
With the promise of Hengyu Supermarket Group, they don't have to worry about sudden price guarantees. They don't need to go to crowded places anymore and can buy the items they need in life at the current prices at any time.
The actions of Hengyu Supermarket Group and Watsons have seriously hurt Carrefour and Wal-Mart. Most of their products come from Europe and the United States. As the Hong Kong dollar exchange rate falls, they are preparing to make adjustments in selling prices, and the sudden news of the Lee Group
The press conference caught them off guard.
What's even more fatal is that the two major supermarket groups did not stock too many goods. The three days of panic buying left them without many products on their supermarket shelves. Their purchasing prices fell with the Hong Kong dollar exchange rate and costs rose. They did not increase sales prices.
If so, many products will operate at a loss, and now they are in a dilemma.
You must know that they still have a huge problem with rent. The biggest advantage of Hengyu Supermarket Group is that they basically own their own stores. Sometimes they do not consider this issue, but their two major supermarkets cannot.
Whether it is Victor Beer, the president of Carrefour Asia, or Osford Jackson, the president of Wal-Mart Asia, they all have a headache for Hengyu Supermarket Group's non-business approach.
At this time, when their major supermarket groups should be making a lot of money, the Li Group will all be operating at a loss. No supermarket can benefit. This is not what a businessman should do.
In the afternoon, Victor Bill contacted the Paris headquarters and asked for its opinion on the matter. They probably didn't have a firm footing in Xiangjiang.
Unless they learn from the Li Group, the Li Group is based in Hong Kong and they have many other groups. If they suffer losses here, the benefits they gain can be made up for in other ways. Even if Carrefour is like this and Hengyu Supermarket Group
A stalemate will not do them any good.
Many senior executives of the Carrefour Group suggested taking advantage of the panic buying in Xiangjiang to clear out all the goods in Carrefour's nine stores. The Carrefour Group would withdraw from the Xiangjiang market to avoid the need for the group to subsidize the Xiangjiang market every month.
Carrefour's top management is not sure how long this crisis in Hong Kong will last. If this situation continues with Hengyu Supermarket Group, the losses will be astronomical.
And if they choose to raise prices, Carrefour's reputation in Hong Kong will be completely ruined. What's worse, it will affect their future entry into the mainland market, so raising prices is absolutely impossible.
After some communication with Carrefour's top management, they asked Victor Beer to abandon the Xiangjiang market, fully develop the markets in Southeast Asia and Australia, and wait for opportunities to enter the mainland market.
Although Victor Bill was unwilling to give up the Xiangjiang market, the headquarters had made a decision and he had to follow the headquarters' instructions and prepare to close the store in Xiangjiang.
He knows very well that after Carrefour withdraws from Xiangjiang this time, he is afraid that he will never have the opportunity to enter the market again, and Hengyu Supermarket Group and Watsons will not give them another opportunity to enter the Xiangjiang market.
Wal-Mart also made the same choice. Spending so much time in Xiangjiang and Hengyu Supermarket Group would not be of any benefit to their group. Wal-Mart headquarters asked Oscar Jackson, who is in charge of Asian affairs, to close the Xiangjiang Market store as soon as possible and focus on
Placed in Southeast Asia and mainland markets.
On September 27, Carrefour and Wal-Mart held press conferences one after another to announce the closure of the group's Xiangjiang store.
This news has caused a sensation in all walks of life in Hong Kong. At present, there is no conclusion on who ranks first among the world's three major supermarket groups: Wal-Mart, Carrefour and Hengyu Supermarket.
When Carrefour and Wal-Mart came directly to the home of Hengyu Supermarket Group, they were ready to compete with Hengyu Supermarket Group. People from all walks of life in Hong Kong thought that there would be a battle between the three companies. Unexpectedly, in less than a year, the two major supermarkets
It announced its withdrawal from Hong Kong, which greatly disappointed those who were going to watch the show.
Hengyu Supermarket held a press conference immediately after the press conferences of the two major supermarket groups. The meeting was chaired by Zhu Lixia, general manager of the group's administrative department.
At the press conference, Zhu Lixia said, "Regarding the closure of Carrefour and Wal-Mart in Xiangjiang, I hope that the citizens of Xiangjiang do not need to panic. We, Hengyu Supermarket Group and Watsons, are capable of ensuring the daily necessities needs of the citizens of Xiangjiang."
A reporter from the Xiangjiang Economic News asked, "Ms. Zhu, at this time in Hong Kong, two world-class supermarket groups, Carrefour and Wal-Mart, have chosen to close down at the same time. What do you think of the Hengyu Supermarket Group? What do the senior management of the Lee Group think of this?"
?”
"I am only representing the Hengyu Supermarket Group today. As for the opinions of the senior management of the Li Group, I am not sure yet."
Zhu Lixia continued, "Although Carrefour occupies the Western European market and Wal-Mart also occupies the North American market, they are both companies from Western countries. They don't know much about our Eastern market, and they don't know much about our Hengyu Supermarket Group. This time they are here
It is a smart decision for the Times to leave the Xiangjiang market, at least they will no longer have to subsidize the Xiangjiang market in the future."
The reporters all understood what Zhu Lixia meant. The Asian market was the territory of their Hengyu Supermarket Group, and both Wal-Mart and Carrefour were the targets they wanted to squeeze out.
The withdrawal of Carrefour and Wal-Mart this time has allowed Hengyu Supermarket Group to completely solidify its foundation. When developing outside, it no longer has to worry about a fire in its own backyard.
The war between the three groups is obviously not over yet. Whether it is Southeast Asia or new markets in the future, these three groups will fight. It will take time to test who will secure the throne of the world's number one retail supermarket group in the future.
Xiangjiang media reporters believe that the world's number one in the future will definitely be Hengyu Supermarket Group. This group will be on par with Carrefour and Wal-Mart in just a few years. It is only a matter of time before it gets rid of them in the future.
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Chapter completed!