According to the bulletin board of Carrefour Global Store, the store opened on August 20, 2002 and is now closed due to the expiration of the contract. Consumers who still hold shopping cards can go to Carrefour Guangzhou Kangwang Store, Yuancun Store and Xinshi Store for consumption. For the reason of closing the store, Carrefour responded to the interface news that the store was closed normally due to the expiration of the lease.
Carrefour entered the Chinese mainland market on 1995, and was one of the earliest foreign retail enterprises to start business in China. In 20 10, Carrefour ushered in a glorious moment, with the number of stores reaching 249, and Carrefour can be seen in almost every big city. After that, Carrefour began to decline in China due to the intensified competition brought by Internet e-commerce and local supermarkets and its poor transformation.
Reasons for Carrefour's decline
The fundamental reason for Carrefour's withdrawal from China is poor management, among which the factors are acclimatization, inability to meet the needs of consumers in China, and the most important thing is the huge impact from e-commerce. With the withdrawal of international giants, local retail enterprises in China are rising. In 2006, the number of Carrefour stores in China has exceeded 100, making it the first foreign-funded retail enterprise in China, and "Tesco Carrefour" has become a classic memory of a generation.
I didn't realize the coming of Internet tide, and the progress in internet plus was too slow. Since Carrefour 1995 entered the China market, 20 Carrefour stores have closed down in 2020. 2021* *, more than 20 shops closed, including many shops over 10.