Cracking a Growing Market

Longo, Don
December 2004
Convenience Store News;12/13/2004, Vol. 40 Issue 15, p14
Trade Publication
The article informs that international retail giants like France's Carrefour SA and the United States' Wal-Mart Stores are expanding rapidly in China. At the same time, local Chinese retailers are taking steps to defend their home market. However, both local and multinational retailers are finding the path to growth littered with significant challenges, according to the results of a new ACNielsen study released at its recent China Retail Symposium in Shanghai. Data includes department stores, grocery stores, convenience stores and hypermarket retailers, both foreign-owned and local.


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