Business Intelligence on Retailing, Franchising, and Consumerism in China

Carrefour To Open New Store In Hefei In 2010

According to reports in local media, Carrefour is expected to open a new store as part of Hefei's western supermarket project before the Spring Festival in 2010.

In April 2009, Carrefour Hefei signed a letter of intent with Hefei New Civil and Cultural District Investment Company to rent the first to the third floors of the investment company's western supermarket project for a new outlet. The leasing area is 23,000 square meters and the leasing period is 20 years.

The major building work for the western supermarket project has been completed and it will open around October 2009, the new Carrefour store is expected to open before the Spring Festival of 2010.

Carrefour already opened three outlets in Hefei: Yangtze River store, New Cityscape Global Plaza store, and Hengfeng store.

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