2002 China Retail Research - Integration articles.docVIP

 PAGE \* MERGEFORMAT 8 2002 China Retail Research - Integration articles ‘Advances’ have been adequate to describe the current momentum of the development of China’s retail industry, but also because of this, a lot of things are no longer a single company can do. Retailers began a variety of means combined into an ecosystem, interdependence and thus grow and develop. The 21st century business, who has a better ability to integrate resources, who is likely to have indisputable core competitiveness. A foreign giants based in developed cities, aimed against the entire territory In June, after more than six months after the ups and downs of the struggle, the French retail giant Carrefour in cooperation with the Canton 100 Inc. finally the sound of Guashudiluo bargain. Under the contract, Canton 100 corporation with equity ratio will be 25% to about 25 million yuan into the joint venture cash. Prior to negotiations between the parties once fell into a stalemate because of the reasons for the delay in the money-Canton 100 Inc. has not been fully in place. Two months later, Carrefour officially signed an agreement with the Canton 100 Inc., co-financed for large-scale comprehensive supermarket. The contract drawn up 3 Guangzhou Carrefour project has been completed for approval by the state foreign trade. In July, the global chain of ‘predators’ end of the year came to Wal-Mart opened its first store in Beijing, the news frequently published in the paper side. Although Wal-Mart’s China headquarters in Beijing who refused to disclose the exact opening its first store in time, but the State Economic and Trade Commission and the Beijing Shi Shangwei of those who have confirmed that Wal-Mart did to the end of this year to open its first store in Beijing. In August, Tianjin Quangyechang Group and France’s Carrefour, the representative of China Holdings Limited signed a cooperation agreement. Tianjin, known by the old and famous Quangyechang Group and Carrefour, the wor