Flash ReportCarrefour Announces Sale of Majority Stake in Its China Operations to Suning.com Coresight Research June 24, 2019 Executive Summary Carrefour has agreed to sell an 80% stake in its China business to Suning.com. The agreement includes options for Carrefour to sell the remaining 20% to Suning.com after two years. The move follows Amazon exiting China and Aldi opening its first stores in the country. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Department Stores—Real Estate Insights: The Strategic Real Estate Reset from Flagships to FootprintApril 2025 US Retail Sales Outlook: Lowering Near-Term Growth Projections Amid Volatility and UncertaintyInconsistent Trends Appear to Reflect Uncertainty: Weekly US Consumer Sentiment, Week 31, 2025—InfographicHoliday 2025: The Last Mile—Tariff-Driven Early Buying To Ease Peak Season Shipping Rush
