Those at Lianhua Supermarket, the main grocery arm of Bailian Group, the domestic market leader, fell from 2.4% to 1.9%.

而作为零售老大百联集团（Bailian Group）重要组成部分的联华（Lianhua）超市则更惨，销售毛利率从2.4%下降到了1.9%。

youdao

Tellingly, the Bailian Group, China's biggest retailer, is state-owned.

ECONOMIST: Retail in China

Bailian Group of Shanghai, whose domestically well-known businesses include the Shanghai Friendship Group and Lianhua Supermarket, led a list of top chain stores in China published by the China Chain Store and Franchise Association earlier this month.

FORBES: Bailian Tops List Of China's Biggest Chain Stores; Walmart, Yum! Make The Top 10