Caixin
Oct 20, 2023 09:04 PM
BUSINESS

In Depth: The Struggle Facing Big-Box Supermarkets in China

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China’s big-box supermarkets are running into trouble.

Carrefour China, once the country’s largest foreign supermarket chain with nearly 260 stores in 2017, had less than 150 stores remaining at the end of last year. In Beijing, it is currently down to running one of its last outlets, with shoppers taking to social media last month to post photos of rows of empty shelves and refrigerators.

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