In 2000, through the reorganization of superior resources, the company successfully realized the transformation of its main business from traditional department stores to retail chain formats, and clearly formed a framework for the company's rapid development in the next few years, and identified four core businesses as the main body of the company's development: (1) and the food and daily necessities supermarket chain of Lianhua Supermarket Co., Ltd., the largest supermarket chain in China; (2) A professional hypermarket chain with Home Decoration Building Materials Co., Ltd. as the main body; (3) Shanghai Friendship Department Store Co., Ltd. is a modern specialty department store and brand chain store; (4) Community shopping center chain with Friendship Shopping Center as the main body and modern logistics, distribution and e-commerce system as the support. Since 200 1, the company has launched the national market development strategy in an all-round way.
Industry to which the company belongs
The company belongs to the commercial retail industry and is the largest listed company in China.
The company mainly deals in supermarket chains, decorative building materials and general department stores, and also deals in import and export business, catering services, old and new handicrafts, gold and silver products, furniture and antique purchases.