过年脚步临近，春节假期是线上消费的高峰期，也是运力最为紧张的时期。顺丰、京东物流、圆通、申 通、中通、韵达等主要快递公司均宣布"春节不打烊"，承诺在假期期间持续提供配送服务。与"不打 烊"承诺相伴的，是部分平台对配送费用的明确上调。 山姆、盒马、叮咚买菜、永辉超市等生鲜零售平台集体通知，将在春节期间加收每单3元至6元不等的服 务费。 山姆发布春节运费说明称，由于春节运力紧张，为保证线上配送服务，在2026年2月11日至2月24日期间 下单的线上配送订单，将在现有运费基础上每单加收3元"春节运费"。 盒马发布春节运费说明称，2月14日至21日，为补贴留岗骑手、保障顺利配送，盒马运费调整为每单基 础6元，与往年持平，会员享受运费专属优惠。 盒马已提前部署运力，继续提供最快30分钟送达的即时配送服务。与此同时，盒马冷冻年菜配送范围实 现重大突破，云享会最北可配送至黑龙江，最南可至海南，配送时效缩短至24-48小时。 永辉超市发布春节运费说明：2026年2月15日0点-2月21日24点期间，所有通过永辉线上超市App、微信 小程序及其他平台下达的永辉线上配送订单，将统一收取3元/单的春节服务费，具体以订单页为准。 叮 ...

过年脚步临近， 春节假期是线上消费的高峰期， 也是运力较为紧张的时期。 山姆、盒马、叮咚买菜、永辉超市等 将在春节期间加收 每单3元至6元不等的服务费或运费。 山姆发布春节运费说明称，由于春节运力紧张，为保障线上配送服务，2026年2月11日至2月24日期间下单，山姆线上配送在现有运费基础上将每单加收3 元春节运费，用于补贴春节期间坚守岗位的配送员。 盒马发布通知称，春节期间（2026年2月14日0点至2月21日24点），全部用户（含X会员）通过盒马APP/盒马鲜生微信小程序/盒马支付宝小程序/淘宝小程 序/盒马作为商家入驻的其他平台下单购买[盒马鲜生/盒马mini】商品的线上配送订单，任意金额订单均按照6元/单收取基础运费；如订单商品超重，按日 常标准加收超重运费。前述期间结束后恢复日常运费标准。 生鲜零售平台集体通知， 叮咚买菜表示，因春节期间运力紧张，腊月廿八0点至正月初五24点(2026年2月15日0点至2026年2月21日24点)，将与往年一致，每单额外收取3元春节服 务费。 永辉超市发布春节运费说明：2026年2月15日0点-2月21日24点期间，所有通过永辉线上超市APP、微信小程序及其他平台下 ...

Group 1 - The festive atmosphere in Beijing is rising as supermarkets prepare for the Spring Festival, with significant consumer activity observed in various store formats, including hypermarkets and membership stores [1] - Yonghui Supermarket has launched a dynamic supply system featuring "30 high-quality explosive products," which has led to a structural upgrade in New Year goods consumption, with sales of these products reaching nearly 500 million yuan and same-store sales increasing over 120% year-on-year [1] - The top-selling products at Yonghui include cherries, blueberries, and Hongyan strawberries, with prices for cherries and blueberries decreasing due to increased supply and expanded domestic cultivation [2] Group 2 - Wumart Supermarket has introduced time-limited purchasing activities to meet the rising demand for gift boxes as the Spring Festival approaches, leveraging AI retail services for fresh food processing and convenient dining [2] - Sam's Club has announced an additional delivery fee during the Spring Festival period to support delivery personnel, reflecting the operational adjustments made by online businesses in response to increased demand [2][3] - The Ministry of Commerce has initiated the "2026 National Online New Year Goods Festival," with a notable increase in search volume for "New Year goods" on platforms like Taobao, indicating heightened consumer enthusiasm for festive shopping [3]

春节临近，部分超市线上业务也有了调整。山姆发布春节运费说明称，由于春节运力紧张，为保障线上 配送服务，2026年2月11日至24日期间，山姆线上配送在现有运费基础上将每单加收3元春节运费，用于 补贴春节期间坚守岗位的配送员。 从摊位试吃到成箱采购，北京的节日气息在超市消费中不断升温。春节临近，北京的超市门店进入一年 中忙碌的阶段。从大卖场到会员店，春节消费热度正在集中释放。年货礼盒扎堆上新，曾经的贵价水果 礼盒，价格在今年出现下降，成为消费者采购的爆款单品。 北京商报记者了解到，永辉超市旗下调改店推出"30支千万级品质爆品"并搭配数百支单品形成了动态供 给体系，对消费者从节前筹备、节日欢聚到节后过渡需求进行精细供应。永辉超市数据显示，今年1 月，永辉年货消费呈现显著的结构性升级。全国门店3R商品持续热销，生鲜与3R板块表现突出。在30 支品质爆品中，每5位顾客中至少有1人购买了重点爆品，反映出消费者对高品质、便捷化年货的关注与 喜好。截至目前，永辉超市主推的30支爆款单品全国门店累计销售额已近5亿元，同店销售额同比增长 超120%。 在永辉超市单品销售排名中，车厘子、蓝莓、红颜草莓相关商品礼盒销量位列前三。值 ...

有关四个消费板块的关键判断。 热闹之二则是线下零售巨变。以永辉为代表的传统超市投入"胖改"，是过去一年里颇受行业关注的事情。 AI也是绕不开的关键词。珞博智能的"芙崽Fuzozo"在预售阶段"10分钟破千单"，并连续获得金沙江创投、红杉中国等机构的投资。能听、会说、能看、 会认的AI在重塑着体验边界，也在验证需求的真伪。 2026开年，港股递表公司里又多了卡牌公司Suplay、社区生鲜公司钱大妈等的身影。拥有2万家的鸣鸣很忙在港上市，市值逼近千亿，成为中国最大的 休闲食品饮料零售公司。 作者 | 李小霞、任彩茹 编辑 | 乔芊 2025年，消费赛道在经历过一段时长的冰冻后，重回火 热。 上市，是热闹之源。消费IP领域，递表者不乏TOPTOY、52TOYS 、卡游等公司；餐饮公司，蜜雪、古茗、霸王茶姬、沪上阿姨、绿茶、COMMUNE、 比格披萨等成功上市或递表。 其中消费IP最受瞩目。泡泡玛特缔造了属于自己的商业传奇，4000亿市值，点燃行业一把火。名创优品叶国富将孵化自有IP视为重任，并将旗下TOP TOY拆分上市；在一级市场，杰森娱乐、闪魂、tnt、超级元气等获得融资。 人们总是对新年怀有期待，因为可以将过 ...

Core Insights - The article discusses the transformation of supermarkets like Wumart and Yonghui into lifestyle centers by integrating various chain restaurants, enhancing customer experience and attracting a younger demographic [6][10][17] Group 1: Supermarket Transformation - More than 20 chain restaurants have entered Wumart and Yonghui supermarkets after their transformation, creating a vibrant dining environment [1][6] - The new restaurant offerings include a diverse range of cuisines such as Chinese fast food, Western fast food, hot pot, and baked goods, with a high proportion of chain brands [3][5] - The transformation is not merely cosmetic; it aims to reposition traditional supermarkets as community lifestyle hubs where dining plays a crucial role [6][10] Group 2: Community Engagement - The integration of supermarkets and restaurants represents a strategic competition for community consumer bases, allowing both sectors to leverage each other's strengths [8][9] - Community consumers now seek a one-stop shopping experience that combines purchasing, dining, and leisure activities [8][10] - Restaurants benefit from the supermarkets' established customer flow, allowing for efficient expansion with lower operational costs [10][11] Group 3: Impact on Consumer Behavior - The introduction of dining options has attracted a younger customer base, shifting the traditional perception of supermarkets as primarily catering to older demographics [14][17] - The redesign of supermarket spaces has led to a reduction in retail area, with the freed-up space being repurposed for dining, enhancing customer engagement and sales [14][17] - Data from McKinsey indicates that integrating dining services can increase supermarket foot traffic by 15% to 20% and extend customer dwell time by 30% [14] Group 4: Evolution of Retail and Dining - The relationship between supermarkets and restaurants has evolved over decades, transitioning from a supportive role to a core component of consumer attraction [17] - The current trend reflects a response to challenges faced by both sectors, including competition from e-commerce and rising customer acquisition costs in the restaurant industry [17][18] - The collaboration between supermarkets and restaurants aims to create a more comprehensive consumer experience, transforming shopping spaces into lifestyle destinations [17][18]

太原市某商超内，市民正在选购马年春节年货。山西经济日报全媒体记者记者 宋烨 摄 丙午马年春节临近，太原街头巷尾的生肖经济已然掀起消费热潮。从商场专柜到超市货架，从线上直播 间到非遗手作铺……各式各样融入"马元素"的商品扎堆亮相，承载着"马到成功""一马当先"的美好期 盼，让这个新春的消费市场充满暖意与活力。 "'马上系列'上市后，我们店的销量较前些日子涨了两三成，小克重、设计新颖的款式最抢手。"专柜店 员原静介绍道。 文创与潮玩领域的创新更是让人眼前一亮，三福、名创优品等集合店内，"马上顺荔"布艺挂件、"马上 有钱"钥匙扣等小物件以俏皮设计承载美好寓意，成为年轻人互赠礼物的热门选择。 双线联动，消费场景升级 线下商圈的沉浸式布置让年味儿愈发浓厚，各大商场推出的促销活动更是诚意满满："新年加'马'，免 费吃披萨""马到财来钓福袋""扫码抽2026个小金马"等活动，有效点燃了市民的采购热情。其中，美都 汇购物广场于1月25日启动的"2026新春年货节"更是吸引了大批消费者，累计消费抽奖活动让商场内人 气爆棚、年味十足。 此外，作为年货采购"主战场"的超市也充满创意，亿家亲购物广场、永辉超市、盒马鲜生等大型商超 的 ...

内容概要：生鲜作为居民"一日三餐"的核心消费品类，凭借高频刚需、复购稳定的核心属性，具备穿越 经济周期的抗风险能力，是社区商业的核心流量基石，近年来，伴随城镇化进程持续深化，居民对生鲜 消费的"便利性、新鲜度、即时性"需求日益提升，消费渠道从传统菜市场、大型商超向社区门店、前置 仓、社区团购等近场业态转移的趋势已不可逆转，尤其年轻家庭、老年群体对"家门口买菜"的依赖度持 续走高，据统计，2025年我国社区生鲜零售行业市场规模达19039亿元，同比增长11.2%，其中，线上 生鲜产品零售业态约占20.1%，线下生鲜产品连锁约占38.3%，线下生鲜产品非连锁约占41.6。 上市企业：百果园集团（02411.HK）、永辉超市（601933）、锅圈（02517.HK）、叮咚买菜（DDL） 相关企业：广州市钱大妈农产品有限公司、鲜丰水果股份有限公司、上海清美绿色食品（集团）有限公 司、福州朴朴电子商务有限公司、湖南兴盛优选电子商务有限公司、上海盒马网络科技有限公司、安徽 生鲜传奇商业有限公司 关键词：社区生鲜零售发展历程、社区生鲜零售产业链图谱、社区生鲜零售市场规模、社区生鲜零售竞 争格局、社区生鲜零售发展趋势 一、概 ...

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Views - The report highlights Meituan's acquisition of Dingdong Maicai for approximately $717 million, aiming to enhance its instant retail supply chain efficiency. Dingdong Maicai has achieved profitability for 12 consecutive quarters and operates over 1,000 front warehouses in China, with a monthly purchasing user base exceeding 7 million [4][24][27] - The report emphasizes the importance of supply chain efficiency and product quality in the competitive landscape of the instant retail industry, suggesting that the focus will shift towards these aspects post-acquisition [27] Summary by Sections Industry Dynamics - Meituan's acquisition of Dingdong Maicai is expected to create synergies in supply chain, regional layout, and warehouse scale, enhancing operational efficiency in the East China region [24][27] - Dingdong Maicai's established direct sourcing and self-operated production capabilities are anticipated to be preserved and amplified within Meituan's platform [27] Investment Themes - Investment Theme 1: Focus on high-end and fashionable gold jewelry brands, recommending companies like Laopuhuangjin and Chaohongji, which are expected to benefit from the emotional consumption trend [6][29] - Investment Theme 2: Emphasize retail companies adapting to trends and AI-enabled cross-border e-commerce leaders, with recommendations for Yonghui Supermarket and Aiyingshi [6][29] - Investment Theme 3: Highlight domestic beauty brands that cater to emotional value and innovative safe ingredients, recommending brands like Maogeping and Pola [6][29] - Investment Theme 4: Focus on differentiated medical beauty product manufacturers and leading chain medical beauty institutions, recommending Meilitiantian Medical Health and Aimeike [6][29] Market Performance - The retail and social service indices reported a slight decline of 0.34% and a slight increase of 0.02% respectively during the week of February 2 to February 6, 2026 [14][15] - The brand cosmetics sector showed the highest weekly increase of 4.99%, while the watch and jewelry sector led with a year-to-date increase of 16.56% [16][19] Company Highlights - Laopuhuangjin reported a significant revenue increase of 250.9% in FY2025H1, driven by brand expansion and customer base growth [31][32] - Chaohongji is expected to achieve a net profit growth of 125% to 175% in 2025, supported by differentiated product strength and multi-channel marketing [31][32] - Meilitiantian Medical Health anticipates a net profit increase of at least 34% in 2025, driven by both internal growth and acquisitions [39][40]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东会召开的时间：2026年2月6日 (二)股东会召开的地点：福建省福州市鼓楼区湖头街120号（永辉集团）6楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ■ (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由公司董事会召集，公司董事长张轩松先生主持，会议采用现场投票与网络投票相结合的表决 方式，会议的召集、召开及表决方式符合《公司法》及《公司章程》的规定。 (五)公司董事和董事会秘书的列席情况 1、公司在任董事9人，列席9人； 2、董事会秘书黄晓枫现场出席会议；高级管理人员列席本次会议。 二、议案审议情况 (一)非累积投票议案 1、议案名称：关于公司2025年度关联交易执行情况及2026年关联交易计划的议案 审议结果：通过 表决情况： ■ (二)涉及重大事项，5%以下股东的表决情况 ■ (三)关于议案表决的有关情况说明 （1）议案1关于公 ...