Sun Art’s plan to blend online ordering with revamped stores could help it win back shoppers in China, even as grocery prices and competition stay tough. The big question is whether its rapid store upgrades, private-label push, and logistics investments can lift profits fast enough without missteps.Read more
Sun Art is trying to revive its China grocery business by blending store shopping with fast delivery, while streamlining what it sells and buying more centrally to lower costs. The upside depends on whether it can pull off a huge store makeover and scale new formats before fierce price competition and money-losing experiments weigh it down.Read more
Sun Art Retail is betting that better fresh food, more private-label products, and faster online delivery can bring shoppers back, but falling food prices and tough online competition could make that harder than it sounds. See why the path to better profits may depend on how quickly it can modernize hundreds of stores and make its tech upgrades actually pay off.Read more
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Sun Art Retail Group Limited, an investment holding company, operates brick-and-mortar stores and online sales channels in the People’s Republic of China. The company operates hypermarkets, super stores, and membership stores under RT-Mart, RT-Super, and M-Club brand names. It also provides consulting, investment, procurement centre, wholesaling, and retailing services. Sun Art Retail Group Limited was formerly known as Sun Holdings Greater China Limited and changed its name to Sun Art Retail Group Limited in May 2011. The company was founded in 1998 and is based in Shanghai, China.
