What is the relationship between Bairunfa Tianrunfa and RT Mart?

Updated on society 2024-02-16
10 answers
  1. Anonymous users2024-02-06

    Mention RT-Mart supermarket.

    I'm sure everyone is familiar with it. RT-Mart has opened all parts of the country with their unique concept of "fresh, cheap, comfortable and convenient". Whether it is in a small city in the 18th tier or in a first-tier provincial capital.

    We can all see it. RT-Mart is a chain store with a large scale and a large number of stores. Sometimes we see names such as Bai Yun Fat, Tian Yun Fat, and Guang Yun Fat, in fact, these are also RT-Mart's stores, but at the beginning, due to the joint venture relationship and shareholder status, the names of local shareholders were mostly used to define the store name, so that the variety of store names was not unified.

    RT-Mart has its head office in Taiwan, and after RT-Mart gained a foothold in Taiwan, it marched inland. RT-Mart, which has just started to develop, has not had as much capital as it is now, and RT-Mart can only expand its scale through cooperative investment with local enterprises, division of labor and management technology. Bai Runfa is a department store in Suzhou and RT-Mart together, in order to highlight the shares, named Bai Runfa.

    The same is true for Tianrunfa and Guangrunfa, both of which are named after adding partners, and the same is true for Jinrunfa in Nanjing. <>

    RT-Mart headquarters also has a great mystery about the management of branch names. RT-Mart is from Taiwan and is a foreign-funded enterprise, if you want to open branches in the mainland, you have to be limited by the number of stores, for example, RT-Mart can only expand 4 stores in 10 years, while RT-Mart has opened more than 80 stores in 10 years by means of joint ventures with inland enterprises. And RT-Mart has a business model that is named after mainland enterprises.

    It also allowed RT-Mart to pay a lot of taxes, and the saved assets were invested in new stores, forming a very superb asset circulation chain. <>

    RT-Mart Group is now the top of the supermarket industry, and now has excellent assets, so RT-Mart Group will annex the previous joint venture for financing and become its largest shareholder. After that, the supermarkets under the name of RT-Mart Group have now been unified and changed to RT-Mart Supermarket.

  2. Anonymous users2024-02-05

    Bai Runfa, Tianrun Fat, Guangrun Fat, these are all subsidiaries of RT-Mart, all of which are subsidiaries of RT-Mart, and some of them are named by franchisees.

  3. Anonymous users2024-02-04

    It's all RT-Mart, because these names are decided and led by RT-Mart's joint venture holders in each city.

  4. Anonymous users2024-02-03

    Actually, they are all the same company. It's just that the direction of development and the investment behind it are different, so the name is also different.

  5. Anonymous users2024-02-02

    These have nothing to do with RT-Mart, RT-Mart is a brand chain, and the others should be their own brands.

  6. Anonymous users2024-02-01

    Names such as RT-Mart are different names for RT-Mart in different regions, but they are actually one company. RT-Mart was first founded in Taiwan, after years of development, chain stores have spread all over the country, but in different regions, according to local customs, RT-Mart has different names, some are called Bai Yun Fat, and some are called Guang Yun Fat.

  7. Anonymous users2024-01-31

    RT-Mart and RT-Mart.

    The relationship is a supermarket, but the name is different from place to place.

    In 2006, RT-Mart will be "Bairunfa", "Jinrunfa", "Tianrunfa", "Dafuyuan", "Chunshen.

    Shopping mall" and other store names are gradually unified"RT-Mart"。

    In 2006, RT-Mart's stores in the mainland, such as "Bai Run-Fat" in Suzhou, "Jin Yun-fat" in Nanjing, "Tianrun-fat" in Wuxi, Zhenjiang and Huzhou, and "Chunshen Shopping Center" in Shanghai, gradually unified into the "RT-Mart" trademark.

    As for the early days, the names were different in various places because the local joint venture was the majority shareholder, and when they first came to the mainland, RT-Mart was a minority shareholder, so the name was not unified.

    Retail overlord

    For a long time, RT-Mart has been a hegemonic presence in the retail field. At one time, RT-Mart was the only one in China that could beat Walmart.

    With an annual revenue of more than 100 billion, it opened more than 500 supermarkets at one time. RT-Mart opened to **, and it was almost popular**.

    As early as 2010, it won the mainland retail championship, claiming that it has not closed a single store in 19 years.

    JD.com's executives once organized a special group to come to RT-Mart to learn from experience. In fact, there are still many Internet people who come to RT-Mart to study. One more thing, in 2014, Meituan.

    Wang Xing also took executives to visit RT-Mart headquarters in Shanghai.

    The above content reference: Phoenix.com - one sentence angers the whole network! RT-Mart, the king of Chinese supermarkets, has completely fallen out of favor.

    The above content reference: Encyclopedia-RT-Mart.

  8. Anonymous users2024-01-30

    The relationship between the parent company and the subsidiary.

    RT-MartEnglish: rt-mart) is a Taiwanese, Chinese country.

    The large-scale marker chain supermarket was founded by Yin Yanliang, president of Runtai Group. As Taiwan's textile industry faced labor costs in the 1990s.

    The threat of soaring and overseas low-price competition has made the textile industry in Taiwan gradually enter the fate of the sunset industry, and Runtai Textile, the main enterprise of Runtai Group, is also facing the same problem.

    Therefore, Runtai Group has also begun to seek transformation, and thus began to expand the scope and scale of reinvestment business, such as investment in insurance, financial business (such as Aetna Life, SinoPac Bank, etc.) and distribution business (such as RT-Mart) is the best example.

    In 1997, RT-Mart established Shanghai RT-Mart in mainland China, and as of January 14, 2011, RT-Mart's latest number of stores is 150. In 2008, RT-Mart had a revenue of 100 million yuan, with an annual growth rate of about 100 million yuan, and a profit of 100 million yuan, an annual increase.

    In 2009, RT-Mart's revenue was RMB 100 million, and the performance of a single store was 100 million, an increase over the same period. In 2010, the revenue was 40.4 billion yuan (about NT$).

    billion) to replace Carrefour.

    Become the champion of retail department stores in Chinese mainland.

    RT-Mart does not have a trading market in Taiwan.

    Listed directly, it was owned by Runtai Textile (later renamed Runtai Global), a subsidiary of Runtai Group, which held the equity of China RT-Mart Runtai Construction (later renamed Runtai Innovation, which held the equity of China RT-Mart and the French Auchan Group.

    Groupe Auchan SA) holds a 67% stake.

    In its bend, Runtai Textile (later renamed Runtai Global) applied for the reclassification of department stores (later renamed Runtai Global) because more than half of the company's profits came from department stores** (including the part from RT-Mart, of course).

  9. Anonymous users2024-01-29

    China.

    RT-Mart is a large-scale supermarket chain in Taiwan Province, China, founded by Yin Yanliang, President of Runtai Group. RT-Mart's business philosophy is fresh, cheap, comfortable, and convenient.

    Brief introduction. It is headquartered in Taiwan Province of China.

    RT-Mart established Shanghai RT-Mart in 1997 and began to open up the mainland market. Initially, RT-Mart imitated Makro in mainland China and operated in a warehouse model.

    In July 1998, RT-Mart's first store in mainland China was opened in Zhabei District, Shanghai, which is located in an industrial zone, with a strong shadow of Makro wholesale warehouse.

    Later, when Huang Mingduan, CEO of RT-Mart Chinese mainland, visited European countries, he found that Wankelongmen could be crowded, while Carrefour next door was in the market, so he issued an order to turn RT-Mart, which was originally used for industrial and commercial procurement, into a hypermarket retail store in the hypermarket model that ordinary consumers can enter.

  10. Anonymous users2024-01-28

    Hello, it is a pleasure to serve you. RT-Mart (English: RT-Mart) is a large supermarket chain in Taiwan, China, founded by Yin Yanliang, president of Runtai Group.

    In 1997, Shanghai RT-Mart **** and Jinan RT-Mart **** were established in mainland China, and mass merchandisers were set up in key cities in East China, North China and Northeast China in Chinese mainland. In December 1997, Treasure Island Shopping Center, two major buyers of Zhongyang Group's retail brands, established a strategic alliance with RT-Mart to establish a joint procurement center. In September 1998, RT-Mart acquired three stores of the former Formosa Plastics Group in the Asia-Pacific region, which surpassed Makro for the first time in this year, and opened the first branch in Chinese mainland in Shanghai in July of the same year.

    In August 2010, RT-Mart and Auchan basically reached an agreement to inject all Auchan and RT-Mart stores in mainland China into the same Hong Kong holding company, and then the holding company will be independently listed in Hong Kong, and the first or second quarter of 2011 will be listed at the earliest, and it plans to raise US$800 million in initial public offerings.

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