Extraordinary Genius

Taihua Supermarket Group has expanded wildly, successfully joining the hundreds of billions of turnover club.

This is a huge divide, with world retail giants such as Tesco, Medelong, Dutch supermarkets, with annual turnover of around $50 billion, Carrefour last year at around $70 billion, and Wal-Mart last year at over $370 billion.

That's why Wal-Mart is known as the world's largest retailer, and the gap with other retail groups is not a little bit.

Of course, there are more than 10 US $30 billion chained supermarkets, and many supermarket groups are turnover in one state, or even more, than Wal-Mart, but collectively, they can't compare to Wal-Mart. Together, the other nine are almost as good as Wal-Mart.

Not to mention that Wal-Mart is not just in the U.S., Canada, and even more than a dozen countries around the globe have Wal-Mart branches, the Waltons, and the big families that run retail bulls.

There are many supermarket groups in North America with more than 30 billion sales, didn't they think of joining forces?

Yes, but two joints can, if three or five joints, then all equity will be seriously diluted, who will chair the board and who will be the CEO?

Power guarantees their interests, and none of them want to lose power, so those supermarket groups have not been able to merge, or even unite in good faith, against Wal-Mart.

In the minds of many retail tycoons, Wal-Mart is the pinnacle of never being challenged, and unless Wal-Mart himself dies, Wal-Mart will always be the world's number one, and no retailer can surpass it.

That's why Wal-Mart has dominated the top three, if not more than one, of the world's top 500 all year round. No company wants to work with a retail giant like Wal-Mart.

Even the world's number one beverage giant, Coca-Cola, will inevitably see a significant drop in Coca-Cola turnover if Wal-Mart no longer sells Coca-Cola products.

Wal-Mart also determines the retail price of many products, so long as there is no retail company in Wal-Mart, it can be lower than Wal-Mart. Even without any propaganda products, sales can skyrocket after entering Wal-Mart.

This is people's trust in Wal-Mart and proves Wal-Mart's brand value.

Wal-Mart's global layout suppresses the rise of other supermarket groups. Even in Europe, where supermarkets first appeared, no supermarket group could break the wrist with Wal-Mart.

Wal-Mart once wanted to enter the Huaxia market, a huge market with a population of more than 1.3 billion, so densely populated, what a quality retail market.

Unfortunately, when they first investigated it, they found that Huaxia's economy was too poor and people were not used to shopping at major supermarkets.

While they were still trying, they discovered that there was already a supermarket chain, the Taihua Supermarket Group.

And the business model of this supermarket, with many similarities to their world supermarket giants such as Wal-Mart and Carrefour, is not behind in business management at all and expands very rapidly.

Wal-Mart finally looked at a place and discovered that it soon appeared in the Taihua supermarket. Even as they began to explore the city, the city soon emerged as the Taihua supermarket.

Even several times they approached the contract, but the local axe suddenly refused to sign, saying that a retail group had been introduced, and that the other party had invested more than they did in Wal-Mart, giving more conditions.

For example, how many taxes are promised, how many locals are promised to be hired, and even donations for local road repairs are just like charity.

In the Wal-Mart Group's view, this is simply a loss of money. Though once the supermarket gets bigger, the cost drops and then profits are made.

However, investment in the early years of the supermarket was also significant, and the funds were not underwhelming. Not to mention that they are not renting malls, but buying and even building them directly.

The crazy expansion of the Taihua supermarket group naturally attracted the attention of giants such as Wal-Mart. They all thought it was Huaxia's state enterprise. After all, in their impression, Huaxia's slightly larger enterprises were all state enterprises.

It is not that Huaxia does not allow private enterprises to operate, but it will certainly be very restrictive and difficult to develop.

When they investigated it, they found that it was a private enterprise, only a joint venture with Xiangjiang. Among them are shares in Xiangjiang Li Superman and shares in Xiangjiang Fujia, two families that are top notch in Asia.

Superman Li is the world's top cattle man, and even retail giants such as Wal-Mart have business cooperation with Superman Li's enterprises. Their logistics transportation is also inseparable from shipping, and naturally they cannot leave the port.

At that time, they wondered whether another person, a shareholder named Feng Yu, was the biggest shareholder. Who the hell is this person, how can he exceed Xiangjiang's payroll or even Superman Li in shareholding proportion?

At that time, Feng Yu was not the richest man in the world and had no reputation. But Wal-Mart and Carrefour and other retail giants who aspired to enter the Huaxia market all remembered the name Feng Yu. It is said that it was he who was able to set up and expand the Taihua supermarket group so quickly.

Until later, when Feng Yu suddenly climbed into Forbes, they realized that this man was the world's top rich man, and that the shares of Taihua Supermarket Group were only a fraction of his many investments. And this is the strategy that Wal-Mart and Carrefour set out to eventually exit the Huaxia market.

Only a few supermarkets have been opened, and an entire management team has been left behind. The cost is high, there is no money at all, and even the money has always been lost.

But they didn't give up access to the Huaxia market either, and they found that many supermarkets have emerged in Huaxia, just like they did in the US.

Although it is far from comparable to Taihua Supermarket Group in terms of size, it would still be tempting if the two or three were to be acquired together.

Wal-Mart in particular had already visited several supermarket chains in Warsaw, but none of them were very satisfied with Wal-Mart.

How can Wal-Mart agree that it is either insufficient in size, biased in a corner, or poorly situated, marginally profitable, and that it is not going to sell all of its shares at all, but only some of its shares?

While Wal-Mart was still in contact with these supermarket chains, he discovered that their home camp had arrived with a tiger!

Taihua Supermarket Group has expanded its business to North America. Before Wal-Mart attacked Huaxia, Huaxia's companies started attacking the North American market!

And the fact that Taihua Supermarket still holds shares in Polar Bear Supermarket Group suddenly exceeds hundreds of billions of dollars in annual turnover is a challenge for their Wal-Mart.

Wal-Mart headquarters immediately ordered the acquisition of at least one supermarket chain in Huaxia as soon as possible, and Wal-Mart will have full access to Huaxia!

……