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 Consumer Sentiment Amid the Energy Shock: Premium Subscriber CallCEO Brief: Intelligent Inventory—Achieving Inventory ExcellenceRetailTech: Empowering Retail’s Front Line, Creating Smarter Stores—Five Tech-Driven Strategies for Associate EnablementStore Tracker Extra: US Store Openings and Closures 2024 Review and 2025 Outlook—Infographic
