Hypermarket profits, outlets surge - Taipei Times : vimarsana.com

Hypermarket profits, outlets surge - Taipei Times

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 platforms this year, riding the post-pandemic trend of offline consumption transitioning to online, they saw Internet sales increase by 49.2 percent year-on-year during the eight-month period.
This was higher than

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