Revenue for each Phuc Long store is 2 times higher than that of Highlands

Q&Me conducted a calculation to analyze

in Vietnam. The data in Q&Me's report was calculated based on annual revenue and the number of stores as of June.

Among the food retail sector, Bach Hoa Xanh, WinMart, and WinMart+ emerged as three notable names. Bach Hoa Xanh achieved a revenue of over 27,000 billion VND in 2022, with a total of 1,728 branches. This means that each Bach Hoa Xanh supermarket earns approximately 44.65 million VND per day. The smaller WinMart+ stores generate an average of 18.8 million VND per day per store, while WinMart brings in over 209.1 million VND per day, which is 4.68 times higher than Bach Hoa Xanh.

For the beverage store chains, Q&Me selected Highlands Coffee and Phuc Long Coffee & Tea. The revenue per store for Phuc Long is twice as high as its competitor. Each Phuc Long store earns 32.9 million VND per day. Notably, Highlands Coffee demonstrates

, with 605 stores, which is 4.5 times more than Phuc Long.

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