Business Intelligence on Retailing, Franchising, and Consumerism in China


Carrefour To Open First Outer Suburban Store In Wuhan

Six companies, including Carrefour, Huayi Brothers, Shanghai Huge Group, and Industrial and Commercial Bank of China, have signed strategic cooperative agreements to enter Huangpo, a peripheral city of Wuhan in Hubei province.

A representative from Carrefour told local media that as a peripheral city of Wuhan, Huangpo is a potential market with an advantageous location and an advanced portfolio. Its goal of creating a upgraded urban complex is in line with Carrefour's strategy to develop China's outer suburban markets. This is the first time that the international retailer is to open an outer suburban outlet in China.

With a business area of 16,000 square meters, the new Carrefour Huangpo store is expected to open in 2010.






Be the first to comment on "Carrefour To Open First Outer Suburban Store In Wuhan"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

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


GreenChinaTech:

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


ChinaSourcingNews.com:

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