I Know Everything - Chapter 511
Chapter 511: Big increase in the dowry.
Zhang Shouzheng reluctantly left the office and Chen Huan went to the next door office to see the School Flowers chatting without eating yet.
They happily cheered when Chen Huan came and opened the lunch box one by one.
Those weren’t some fast food takeaway but ordered from a big restaurant so the quality and taste was guaranteed.
This room was specially arranged by the principal for the girls to come have lunch.
The tutoring lessons were mainly for the School Flowers and without them, it was unsure whether Chen Huan would be willing to hold tutoring lessons or not so Zhu Xiaoxi readily agreed to the demand.
However, it was a pity that nobody was able to integrate into their group of 8 so far.
It was still a group of 8 people.
Xia Yanqu and Zhou Peipei from the first year already got in.
Although they didn’t have to face the entrance exams yet, they were naturally accepted by the six girls by virtue of being School Flowers.
In addition, they didn’t hesitate to invest in Yongxing Supermarkets after listening to Chen Huan so the other six regarded them as in the team.
Although they were only 15 years old, they were already very good at speaking English.
During this time, which kids from wealthy families didn’t attend English lessons at an early age?
So even though Chen Huan’s tutoring was harder and was aimed for college entrance exams students, they could still barely keep up and weren’t completely out of it.
Xu Qiao handed chopsticks to Chen Huan and said with a smile, “Chen Huan, we were talking about how our family’s friends and relatives were laughing at us girls for knowing things for investing so much money into a supermarket that was about to close down but how did it end up? They were all stunned now.”
“Right, right!” An Nianchun said with a grin, “Everyone is stunned now that Yongxing Supermarket is having such good business!”
“I heard that some people just stand and look at the entrance of the supermarkets watching the sea of people!” Lei Chushuang followed.
“I have never doubted Chen Huan’s words but it has been open for more than a month now and there’s still so many people and everything is sold out, it’s really unbelievable!” Gu Xue exclaimed.
“It isn’t dumbfounded but stunning!” Tang Manman nearby patted her, “Congratulations, Little Xuexue, your dowry increased by a billion or two!”
Gu Xue’s face flushed red and gave Chen Huan a quick glance before lowering her head to eat so she doesn’t get teased anymore.
Chen Huan didn’t speak but was happy to hear the girls chat without stop.
The combination of Costco and Fat Eastern worked wonders, which made Chen Huan very happy.
Zhang Yaya would excitedly come to tell him what was today’s turnover and gross profit.
As the heir of 30 billion yuan wealth, she was obviously happy to see Yongxing Supermarkets being extremely popular.
Everyone was marveling at the miracle that Yongxing Supermarket created.
Everyone thought they were dying when they closed 32 stores and only had 5 stores left.
Unexpectedly, Yongxing Supermarkets made such a comeback with only 5 stores.
Residents around 10 km from the stores had Yongxing Supermarkets as their first choice of supermarkets.
Not to mention that it was cheap and fresh, the great service alone was worth their visit.
Especially for the elderly.
They used to worry about buying too much and not being able to carry it home but with Yongxing Supermarkets, they would help them carry it as long as it was within 3 km. They would even walk to the 7th floor and not complain.
The key point was the other party wasn’t stern faced and wanted to get it done as soon as possible but made conversation with them along the way, which made the elderly feel really nice.
Some of their children even said, “The elderly in my house generally don’t speak much and are even withdrawn. But then they chatted with the workers from Yongxing Supermarkets all the way back and made them very cheerful! Seeing this, I buy everything from their store now!”
There was an even more exaggerated one, “An employee that was sending my mom back encountered a middle aged man who was rushing back after sending someone home and he then told my mom it was his manager! Damn, even the manager was willing to send and carry the stuff home, they really put in the effort!”
As people know, most of the elderly were picky when shopping and tended to be peculiar about things.
For example, they tended to choose one by one when buying vegetables and fruits, which increased the loss of the supermarket.
Many supermarkets just put them in bags and they had to take the bag if they wanted to buy and couldn’t take their pick.
But Yongxing Supermarkets didn’t do this.
The product would be screened first and when the elderly came to check on them, the employee would also come to help if they were free.
Either help with the selection or throw away the bad veggies.
How could the elderly not be satisfied when seeing them do that?
They were obviously so!
In addition, the supermarket’s scale was also good and was unlike others who added extra weight.
Even the pickiest elderly were happy about it, let alone the youngsters.
They would come to stroll around during the evening and buy some snacks, ingredients for cooking, clothes, etc…
Yongxing Supermarkets’ products were also very cheap.
There were also promotional events for out of season branded products that were even cheaper than special discount stores.
They also produced themselves a lot of daily necessities, products and clothes.
For example, in March, Yongxing Supermarkets launched summer wear in advance and the quality was good, the styles were also very nice and beautiful but the price was still very low such as 30, 50 or 100 yuan.
Many youngsters would come to see if there were any new products.
Three generations of the elderly, middle aged and youngsters were willing to visit the supermarkets.
What the Chinese did was they couldn’t leave empty handed so the checkout was almost always full.
It was during noon 12 to 3pm where they closed some cash registers.
During the peak hours of the morning and evening, they were so busy that the other department of the shop had to come help out.
How could they not do well when there were so many people?
In February, Yongxing Supermarket was elected as the supermarket with the best service and the most popular among the people of Lin’an.
At the same time, their monthly sales had exceeded 120 million yuan per store.
If they continued on this trend, the annual sales for a single store would be around 1.44 billion yuan, which the surpass the record in China for supermarkets!
And it wasn’t a single store but the five of them!
That was why Tang Manman teased Gu Xue’s dowry increased by 800 million.
Of course, they may have 120 million yuan sales per month but the gross profit margin of Yongxing Supermarket was very low and was stuck around 10-12%, which was half of what Wal-Mart and Carrefour did.
The reason was the products were cheap and the labor cost was also higher, which was 3 to 5 times higher than the other stores.
The number of employees for Yongxing Supermarkets almost reached 3000, which was already three times more than the other stores.
It couldn’t be helped.
Good service needed money and manpower.
Wanting to have good service without those two was just a pipe dream.
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