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Carrefour's History In And Exit From China

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Citation

Siebers LQ (2019) Carrefour's History In And Exit From China. World Financial Review. 05.08.2019, pp. 98-100.

Abstract
Carrefour is a French retailer with a successful history of being China¡¯s largest and fastest growing foreign retail stores in 1995. However, with the country¡¯s digitalisation in 2010, Carrefour has failed to adapt with the changing consumer and market behaviour which led to its exit in one of the world¡¯s largest e-commerce markets. In this article, the author has cited Carrefour¡¯s successes and failures ¨C from its management strategies to business expansion plans which can become a competitive imperative of learning for multinational companies and industries who need to upskill their approach towards the digital era before it becomes too late for them.

Keywords
Global Economy; China

Notes
https://www.worldfinancialreview.com/carrefours-history-and-exit-from-china/.

StatusPublished
Publication date05/08/2019
Publication date online05/08/2019
URL
PublisherTWFR

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