The cooperation between RT-Mart and Ali is in full swing.
On December 29, 2017, RT-Mart entered into a supply agreement with Tmall Supply Chain (a related party), an indirect wholly-owned subsidiary of Taobao China. RT-Mart China agreed to purchase and Tmall Supply Chain agreed to supply related products on a non-exclusive basis. The sale of the RT-Mart store.
On January 2, 2018, Tmall announced that the number of department stores of Tmall Supermarket has been put on 167 RT-Mart in 20 cities in East China, involving casual snacks, home cleaning, daily storage, and beauty care.
On June 2, 2018, the new brand "Box Pony" of RT-Mart and Box Horse officially opened in the Suzhou High-tech Zone Cultural and Sports Center. This is another new retail format created by Ali New Retail after the box is fresh. It is understood that after the completion of the new retail renovation in the national stores, RT-Mart will conduct more new attempts.
As of June 11, 100 large Runfa stores nationwide completed new retail renovations. After the digital transformation of the store, the overall efficiency increased by 15%. This means that RT-Mart has officially opened the era of full-line integration.
In addition to the cooperation with Ali, on June 21, RT-Mart announced that it has signed a strategic cooperation memorandum with Suning, which will cooperate in the 3C area of home appliances of all RT-Mart stores in mainland China. Less than a week after the signing of the strategy, the two sides held the first national mobilization meeting. It is expected that in September, the wisdom upgrade of nearly 400 stores will be completed.
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