Carrefour (French Retail) Accused of Price Gouging in Northern China

A Carrefour outlet in the city of Taiyuan, capital of north China’s Shanxi Province, has been implicated in a price gouging scandal after an initial inspection by local pricing authorities, the city’s pricing bureau announced on Monday. The Carrefour outlet has been accused of allegedly displaying fake price tags and then charging consumers a higher

Japanese Retailer to Expand into High-End Boutique Supermarket Sector in China

Ito Yokado, one of Japan’s largest retailers and part of Seven & I Holdings, parent of 7-Eleven has announced it will be entering the high-end boutique supermarket sector in China. These new supermarkets will be located near high-density residential areas, with between 2,000 and 3,000 square meters of floor space, selling daily necessities, especially fresh