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Hypermarket profits, outlets surge – 台北時報

Hypermarket profits, outlets surge – 台北時報

SUPERMARKET STRATEGY: Income has grown on the back of the COVID-19 pandemic, as the big chains have cornered more markets by acquiring local grocery stores By Chen Cheng-hui / Staff reporter Hypermarket chains generated NT$161.1 billion (US$5.75 billion) in sales in the first eight months of the year, up 3.6 percent year-on-year, as purchases of food and daily necessities increased amid a local COVID-19 outbreak, even though sales derived from their food courts dropped due to a nationwide ban on dine-in services, the Ministry of Economic Affairs said in a report on Friday.Additionally, as hypermarket chains accelerated development of their online shopping… 

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