Business Intelligence on Retailing, Franchising, and Consumerism in China

Carrefour To Open Two New Stores In Chongqing In 2009

According to reports in local media, the vice president of Carrefour China Lv Zhongli has signed a project contract with Chongqing to open two new outlets in the main city area of Chongqing in 2009.

Located in Chongqing Yuanjiagang district and Shanghai Nanping districy, the two new stores will cost about over CNY100 million with CNY50 million and a business area of over 20,000 square meters for each. The two stores, which are expected to open at the second half of 2009, will cover such areas as Yuanjiagang, Daping, Dagongguan, Chenjiaping, Huangshaxi, and the entire Nanping area, serving 500,000 local residents around these areas.

Carrefour opened its first store in Chongqing at the beginning of 1998 and the store is also the first Carrefour store in China's mid-west areas. So far, the company has opened four retail outlets in Chongqing: Mianhua Road store, Jinguanyin store, Yangjiaping store, and Shapingba store.

Be the first to comment on "Carrefour To Open Two New Stores In Chongqing In 2009"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco