As the disclosure of the 2026 three-quarter reports of listed companies in the A-share retail industry comes to an end, the overall operating context of the industry gradually became clear. According to Wind data, out of 102 listed companies in the retail industry that have published three quarterly reports, 50 companies achieved an increase in net profit returned to their mother in the first three quarters, with 17 companies doubling their net profit in the first three quarters. The retail industry as a whole presents a pattern of “stable profits and differentiated performance”. By sector, cross-border e-commerce and e-commerce services performed well. If Yu Chen's net profit in the first three quarters increased more than double year on year; traditional supermarkets, department stores, etc. were clearly differentiated, Yonghui Supermarket turned a loss into a profit through store restructuring; and the net profit of Wangfujing and other companies declined markedly. Industry insiders believe that the future trend in the retail industry is increased concentration and efficiency differentiation, and different business formats are clearly experiencing mutual decline: traditional supermarkets continue to close and slim down, and companies with fresh supply chains, own brands and regional density take the lead in stabilizing; member stores depend on card renewal rates and differentiated products. The core of the discount business is turnover rather than simply low prices, and instant retail is shifting from subsidy grabbing to competition for performance efficiency. Whether you can rely on the supply chain and your own brand to improve efficiency is a watershed moment that determines the warmth and warmth of an enterprise.

As the disclosure of the 2026 three-quarter reports of listed companies in the A-share retail industry comes to an end, the overall operating context of the industry gradually became clear. According to Wind data, out of 102 listed companies in the retail industry that have published three quarterly reports, 50 companies achieved an increase in net profit returned to their mother in the first three quarters, with 17 companies doubling their net profit in the first three quarters. The retail industry as a whole presents a pattern of “stable profits and differentiated performance”. By sector, cross-border e-commerce and e-commerce services performed well. If Yu Chen's net profit in the first three quarters increased more than double year on year; traditional supermarkets, department stores, etc. were clearly differentiated, Yonghui Supermarket turned a loss into a profit through store restructuring; and the net profit of Wangfujing and other companies declined markedly. Industry insiders believe that the future trend in the retail industry is increased concentration and efficiency differentiation, and different business formats are clearly experiencing mutual decline: traditional supermarkets continue to close and slim down, and companies with fresh supply chains, own brands and regional density take the lead in stabilizing; member stores depend on card renewal rates and differentiated products. The core of the discount business is turnover rather than simply low prices, and instant retail is shifting from subsidy grabbing to competition for performance efficiency. Whether you can rely on the supply chain and your own brand to improve efficiency is a watershed moment that determines the warmth and warmth of an enterprise.