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on september 18, according to media reports, reporters received reports from citizens that tianjin yonghui supermarket binhai new area wanda plaza store was selling "worm-eaten food".

at present, the store has been ordered by local market supervision and law enforcement personnel to remove and seal all products involved in the case, and further investigation is underway.

yonghui supermarket sells "worm-infested food", and the stockists are used to it

municipal supervision bureau: order all products to be removed from shelves and sealed

according to tianjin daily, "if this was a small individual supermarket at the door, i would have tolerated it. who would have thought that yonghui supermarket, a listed company, would actually sell food with insects to customers. this is bullying us old people because we have poor eyesight." before the mid-autumn festival, mr. liu, a retired elderly man living in binhai new area, was very angry when he mentioned this shopping experience. he told reporters that he took a car to this yonghui supermarket in wanda plaza to buy food with his trust in the listed company yonghui supermarket. but he never expected that when he used the flour he bought to make dumplings, he found that there were many small black spots floating on the surface of the water in which the flour was put. it was not until he put on his reading glasses that he was sure that these small black spots were actually the bodies of insects. can food with insects be sold to consumers?

image source: tianjin daily

around 10:15 on the 18th, the reporter came to yonghui supermarket located on the basement floor of wanda plaza in binhai new area. in the bulk grain area, the reporter saw from a distance that more than a dozen varieties of grains, including millet, lotus root powder, and rice for eight-treasure porridge, were placed on the seven- or eight-meter-long counter. walking to the counter and observing carefully, the first thing the reporter saw was four white fleshy worms lying on the price sign above the grain counter. one of them was still wriggling on the sign. on the counter with rice for eight-treasure porridge, two moths lay there quietly. the reporter touched them with his hand, and the two moths flew up instantly. the tally clerk next to him did not show any surprise when he heard that there were insects, but skillfully caught a moth in his hand and threw it aside.

the reporter asked where these worms came from, and the female stock clerk said: "it's hot. they were born when it was hot a few days ago. we put pepper here to try not to let them have worms. but in such a hot day, they have to have worms, and we can't do anything about it." "since they have worms, can we still sell them?" the reporter asked. the woman then said: "the supermarket manager will come soon, and we will tell him to buy them." the reporter pointed to the meat worms on the price tag and asked where they came from? the female stock clerk said that they were all born from grains, and wiped the meat worms off the price tag with a rag while speaking, and said that after these goods are collected, they will be returned to the supplier.

after receiving the report, several law enforcement officers from the economic development bureau of the binhai new area market supervision bureau rushed to the scene. in addition to checking the grain counters one by one, they also conducted on-site inspections of the supermarket's loose rice and loose flour counters. during the inspection, 10 black live insects were found in the flour. the law enforcement officers asked the store's on-site person in charge and learned that these various grains with insects were purchased by the store in the form of pre-packaged food and then unpacked for sale.

law enforcement officers said that the food safety law clearly stipulates that it is strictly forbidden to sell food that has become moldy or infested with insects. law enforcement officers immediately ordered the store to remove all products from the two counters and seal them. next, they will also track down the specific production dates, shelf life, causes of infestation, and specific species of these products. they will also conduct further investigations into the supermarket's suspected sale of food that does not comply with food safety regulations and deal with it seriously in accordance with the law.

performance under pressure, 99 stores closed in more than two months

intends to learn from pang donglai's "explosive reform" to survive

recently, yonghui supermarket's performance has been under pressure. on the one hand, it has begun to actively close stores, and on the other hand, it has sought to learn from pang donglai's "explosive reform" to survive.

on the evening of august 24, yonghui superstores (601933.sh) disclosed its 2024 semi-annual report. the company achieved operating income of 37.779 billion yuan in the reporting period, a year-on-year decrease of 10.11%. net profit attributable to shareholders of listed companies was 275 million yuan, a year-on-year decrease of 26.34%.

the financial report pointed out that the decline in revenue was due to the severe retail competition on the one hand. due to the macro-environment, the consumption habits of some consumers changed, and the company's customer flow and customer orders both declined to a certain extent; on the other hand, the company took the initiative to close its remaining stores.

the decline in profits was mainly due to the fact that the amount of expense reduction was less than the amount of gross profit reduction. specifically, the comprehensive gross profit margin in the reporting period was 21.58%, a decrease of 0.41% from the same period last year. at the same time, the operating income decreased by 4.248 billion yuan, resulting in a decrease of 1.09 billion yuan in gross profit from sales compared with the previous year; while the various period expenses in the reporting period were 8.165 billion yuan, a decrease of 919 million yuan from the same period last year, and the period expense rate was 21.61%, which was basically the same as the period expense rate of 21.62% in the same period last year. the sharp decline in gross profit and the same expenses as last year led to a year-on-year decline in net profit in the reporting period.

as both revenue and net profit fell, yonghui is closing stores to stop losses. the semi-annual report shows that yonghui closed 57 stores in the first half of the year. in addition, yonghui supermarket's official website shows that as of september 19, yonghui supermarket had 844 stores. based on the 1,000 stores disclosed in the 2023 financial report, yonghui has closed 156 stores since the beginning of 2024, minus the 57 stores closed in the first half of the year.yonghui has closed 99 stores in just two months from july to now.。

image source: yonghui supermarket 2023 annual report

image source: yonghui supermarket 2024 semi-annual report

image source: yonghui supermarket official website

since june this year, yonghui has focused on "learning from pang donglai". from june to july this year, yonghui supermarket began to carry out pang donglai-style adjustments and reforms in two stores in zhengzhou. in terms of goods, 70% of the goods were removed from the shelves, and the product structure was reorganized with reference to pang donglai, and pang donglai's own products were introduced, including pang donglai rice noodles, dl juice, dl craft wheat beer, dl oatmeal and dl laundry detergent. at the same time, the remuneration of front-line employees was greatly improved, from 2,500 yuan/month to 4,500 yuan/month, the average working hours per day did not exceed 8 hours, and annual leave was increased, and 10 days of annual leave were enjoyed after one year.

yonghui's second restructured store, zhengzhou hanhai haishang store, opened on august 7. as of august 22, the average daily sales were 1.08 million yuan, 8.2 times the average daily performance before the restructure, and the customer flow increased nearly 10 times. according to yonghui supermarket's disclosure in mid-july, after the first restructured store in zhengzhou, xinwan plaza store, resumed business, yonghui supermarket formed a national store restructuring team with a total of 10 teams and more than 240 people. a three-month study was carried out at the first restructured store in zhengzhou and the pangdonglai stores in xuchang and xinxiang, and the team participated in the subsequent store restructuring work in zhengzhou.

according to the beijing news, on september 19, the reporter learned from yonghui that yonghui supermarket located in beijing xilongduo shopping center will officially enter the store closure and adjustment phase on september 20, and plans to resume normal business on october 19. yonghui supermarket revealed that this store is the first store in beijing that yonghui supermarket has independently adjusted after learning from pangdonglai. yonghui supermarket currently plans to adjust more than 10 stores in beijing.