CHINA/FRANCE: Carrefour not a monopoly in China, say analysts
French retail giant Carrefour is not in danger of becoming a retail monopoly in China, industry analysts have said, countering accusations by local media. Carrefour's aggressive expansion in China has seen it set up around 40 outlets since its entry in the mid-1990s. The company was recently accused by some mainland media of being a retail monopoly, following a dispute between Carrefour and some local roasted seed suppliers, reported AFX-Asia.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Does Kraft Heinz want to swallow Unilever whole?
- US food next wave on display at Winter Fancy Food
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Why Reckitt Benckiser moved for Mead Johnson
- Kraft Heinz pulls Unilever bid
- General Mills issues profit warning
- Kraft Heinz pursuing Unilever in takeover move
- Kerry operating earnings strengthen on slow sales
- Kerry Group staff in Ireland suspend strike action