date:Jan 10, 2014
g only two-thirds of the income Carrefour makes on a store-by-store basis.
Walmart's original success in China was based on supplying local products made domestically, but it has failed to keep up with changing consumer demands, said Button. Carrefour has come and they have done a very good job at positioning themselves as a more premium option. Consumers may not necessarily know that it's foreign, they certainly don't always realize that it's French, but they view it as being something differe