Carrefour and Tencent Open its First “Smart Store” in Shanghai

French hypermarket chain Carrefour SA opened its first smart retail store on Sunday [20 May 2018] in Shanghai, featuring technologies ranging from facial recognition payment to personalized mobile advertisements backed by internet giant Tencent Holdings Ltd. Named Le Marche, the 4,000-square-meter shop marked the first step the partners have taken to rejuvenate conventional retail with

Carrefour Denies Reports it will Exit the Chinese Market

Global retailer Carrefour on Thursday [21 December 2017] denied media reports that it will sell its businesses in China, Argentina and Poland, Reuters reported. The information is false, a group spokesman said, when asked about a report by French monthly magazine Capital…Full Article: Dec 2017 Key Point In 1995, France’s Carrefour entered mainland China.

Carrefour China at a Crossroads After Alibaba Invests in Sun Art Retail Group

A partnership between French retailer Auchan and internet giant Alibaba could push Carrefour further behind in China and could even persuade its new boss to pull out of the country. Alexandre Bompard took the helm at Carrefour, the world’s second-largest retailer behind Walmart, in July; on Jan 23, 2018, he will unveil his turnaround plan

France’s Carrefour to Pivot Towards Smaller Convenience Store Format in China

French retailer Carrefour SA continues to shift its focus from its traditional hypermarket business to smaller convenience store format-planning to open 40 to 50 in Shanghai this year. The company said it has seen encouraging sales trends in China thanks to fresh products. The transformation of its business models in the country “has continued and

Carrefour Opens Distribution Center in in Dongguan to Service Stores in Guangdong, Hainan, and Fujian

French retailer Carrefour SA launched a distribution center in Dongguan, Guangdong province, on Tuesday [31 May 2016], to facilitate its business expansion in South China. Thierry Garnier, president and chief executive officer of Carrefour China, said the company will bring new business formats, including the online-to-offline business and convenience stores, and set up more hypermarkets

Carrefour’s E-commerce Service to Expand to Sichuan Province by mid-2016

Supermarket chain Carrefour is expanding further in China’s online market, with the launch of e-commerce in the capital Beijing on Thursday [28 April 2016]. After its Shanghai debut in June 2015, Carrefour’s e-commerce service became available in Beijing via personal computers and mobile applications. The service will reach residents in Chengdu, Southwest China’s Sichuan Province,

France’s Carrefour Opens New Distribution Facility in Tianjin

Supermarket chain Carrefour on Wednesday [2 December 2015] opened a distribution center in North China’s Tianjin, providing logistics support for its more than 30 supermarkets in the region. The center covers 25,000 square meters and is intended to improve delivery efficiency in the Jing-Jin-Ji region – short for Beijing, Tianjin and North China’s Hebei Province

France’s Carrefour Announces Plans to Open 15 New Hypermarkets in China in 2015

Carrefour SA, the world’s second-largest retailer by revenue, is expected to open 15 new hypermarkets in China this year and roll out more “convenience stores” aimed at customers in local communities, according to the company’s top executive in the country. Thierry Garnier, executive director of Carrefour China, said in Shanghai on Thursday [5 March 2015]