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Suning Dumps Carrefour China for ¥4, Marking End of a Retail Era

Summary by Vino Joy News

Carrefour’s decades-long presence in China is nearing its end, after controlling shareholder Suning announced it would sell four of the supermarket chain’s regional subsidiaries for just RMB 4 (US$ 0.55).

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Suning Dumps Carrefour China for ¥4, Marking End of a Retail Era

Carrefour’s decades-long presence in China is nearing its end, after controlling shareholder Suning announced it would sell four of the supermarket chain’s regional subsidiaries for just RMB 4 (US$ 0.55).

2 days ago

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Vino Joy News broke the news in 2 days ago on Thursday, June 26, 2025.

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