HK WC Stone Nullah Lane China Resources Vanguard Shop

HK North Point Fortress Hill Road Evening Fu Kar Court 2a

HK Shau Kei Wan Mong Lung Street VanGO 24 Hours

China Resources Vanguard, doing business as China Resources Vanguard Shop or Vanguard (), operates the

supermarket A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selecti ...

chains of

China Resources China Resources Holdings Company Limited (), or simply China Resources, is a Chinese State-owned enterprise, state-owned Conglomerate (company), conglomerate that owns a variety of businesses in Hong Kong and Mainland China. Some of its subsidiar ...

. It is the third-largest supermarket chain in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

. As of 31 December 2014, there are 4866 shops operating in Hong Kong and the mainland Chinese provinces /

municipalities A municipality is usually a single administrative division having municipal corporation, corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality' ...

Guangdong ) means "wide" or "vast", and has been associated with the region since the creation of Guang Prefecture in AD 226. The name "''Guang''" ultimately came from Guangxin ( zh, labels=no, first=t, t= , s=广信), an outpost established in Han dynasty ...

Zhejiang ) , translit_lang1_type2 = , translit_lang1_info2 = ( Hangzhounese) ( Ningbonese) (Wenzhounese) , image_skyline = 玉甑峰全貌 - panoramio.jpg , image_caption = View of the Yandang Mountains , image_map = Zhejiang i ...

Jiangsu Jiangsu is a coastal Provinces of the People's Republic of China, province in East China. It is one of the leading provinces in finance, education, technology, and tourism, with its capital in Nanjing. Jiangsu is the List of Chinese administra ...

Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...

Tianjin Tianjin is a direct-administered municipality in North China, northern China on the shore of the Bohai Sea. It is one of the National Central City, nine national central cities, with a total population of 13,866,009 inhabitants at the time of the ...

and

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

. On 18 August 2013,

China Resources Enterprise China Resources Beer is a subsidiary of China Resources Holdings. Its assets include a 51% share in CR Snow, the largest brewing company in China and a joint venture with SAB Miller. Background The company was previously part of China Resou ...

's supermarket chain Vanguard and British supermarket

Tesco Tesco plc () is a British multinational groceries and general merchandise retailer headquartered in the United Kingdom at its head offices in Welwyn Garden City, England. The company was founded by Jack Cohen (businessman), Sir Jack Cohen in ...

signed a "memorandum of understanding", intending to set up a joint venture interest group in

mainland China "Mainland China", also referred to as "the Chinese mainland", is a Geopolitics, geopolitical term defined as the territory under direct administration of the People's Republic of China (PRC) in the aftermath of the Chinese Civil War. In addit ...

and

Macau Macau or Macao is a special administrative regions of China, special administrative region of the People's Republic of China (PRC). With a population of about people and a land area of , it is the most List of countries and dependencies by p ...

, operating

hypermarket A hypermarket or superstore is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In ...

convenience store A convenience store, convenience shop, bakkal, bodega, corner store, corner shop, superette or mini-mart is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lotter ...

liquor store A liquor store is a retail business that predominantly sells prepackaged alcoholic beverages, including liquors (typically in bottles), wine or beer, usually intended to be consumed off the store's premises. Depending on region and local idiom ...

s and

cash and carry Cash and carry (or inspect and pay) is a type of operation within the wholesale sector. Overview The main features of cash and carry are summarized best by the following definitions: *Cash and carry is a form of trade in which goods are sold ...

businesses. China Resources Enterprise took an 80% share and Tesco took a 20% share.

History

*1984: China Resources Supermarket (CR Supermarket), former name of China Resources Vanguard, was founded. *1991: CR Supermarket opened its first store in Mainland China. *2001: China Resources acquired a 72% stake in Shenzhen Vanguard Super Department Store. China Resources Supermarket merged with Shenzhen Vanguard Super Department Store. *2002: China Resources fully acquired Shenzhen Vanguard Super Department Store and renamed it as China Resources Vanguard Shop. * 2005: Introduction of new sunflower logo. * 2007: China Resources Holdings acquired Tianjin company China Resources Supermarket Chain. * 2010: The first blt boutique supermarket opened. * 2012: Vanguard launched new brand "V+ urban boutique supermarkets". * 2013: Set up joint venture with Tesco. * 2015: Sale of supermarket business to improve the performance of China Resources Enterprise. Opened first U Select by Tesco store in Hong Kong.

Brands

Hong Kong

* Vanguard - standard supermarkets * VanGO - convenience stores * U Select - stores with at least one third

products * Voi_la! - wine cellar

Mainland China

* Vanguard - standard supermarkets * VanGO - convenience stores * V+ - upmarket urban boutique supermarket aimed at China's growing middle class * blt - upmarket supermarket with a focus on fresh food, styled as a farm market * blt Express - smaller blt stores * Ole' - upmarket supermarket with a focus on imported food * 乐购express - former Tesco Express stores * Voi_la! - wine cellar

References

External links

CR Vanguard (China)
(in English)
CR Vanguard (China)
(in Chinese)
CR Vanguard (Hong Kong)
(in Chinese) {{authority control China Resources Convenience stores of China Department stores of Hong Kong Government-owned companies of China Retail companies established in 1984 Supermarkets of China Supermarkets of Hong Kong