France’s Carrefour Hopes to Have a Presence in Over 100 Chinese Cities by 2016

Carrefour, the world’s second-largest retailer by sales, Thursday said the company planned to open more than 20 hypermarkets every year on the Chinese mainland, a reflection of great ambition and confidence in the country’s highly competitive retailing market. Currently, Carrefour operates 236 hypermarkets in 73 cities on the mainland…Full article: The Global Times Dec 2013

Amid Expansion Plans in 30 New Chinese Cities, France’s Carrefour Announces Potential IPO for Taiwanese & Chinese Investments

On 25 June 2013, it was reported that French hypermarket operator Carrefour SA is exploring a sale of its China and Taiwan businesses that would involve either an initial public offering in Hong Kong or putting some of those assets in a tie-up with another company, according to people familiar with the matter…Full-text article: Fresh

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