Retail E

Here s what Europe s largest retailer has in store for the future First, catch up with Amazon. Second, make deals in China

Left to right: woman shopping; Carrefour Market in Voisins-le-Bretonneux (Credit back photo by Lionel Allorge; 上海千花社区

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front photo by Pixabay)

Carrefour, second only to Walmart in the retail world, has big plans to change.

New CEO Alexandre Bompard has earmarked $4.5 billion over four years six times their current investment in e-commerce in a bid to catch up with other online retailers like Amazon, who s rumored to be looking at making a jump into the European market which Carrefour currently dominates, according to The Business Times.

The company als阿爱上海同城

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o cut a deal with Chinese tech company Tencent and retailer Yonghui giving the two firms a stake in the long-embattled Carrefour China, tho新爱上海同城对对碰论坛

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ugh Carrefour retains the largest stake. [Business Times] Erin Hudson

Tags: big box retail, china, Commercial Real Estate
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