Beijing News Shell Finance News (Reporter Chen Weicheng) In response to problems such as restrictions on the consumption of Carrefour shopping cards in many places, on January 9, Carrefour responded to the Beijing News Shell Finance reporter that the company will continue to deeply cultivate the Chinese market, and is actively coordinating. Measures to optimize the efficiency of commodity supply chains and provide consumers with more commodity choices.
In June 2019, Suning.com announced that its wholly-owned subsidiary Suning International plans to invest 4.8 billion yuan to acquire 80% of Carrefour China's shares.
After the transaction is completed, Suning.com will become the controlling shareholder of Carrefour China, and the shareholding ratio of Carrefour Group will be reduced to 20%.
Suning.com’s report for the third quarter of 2022 shows that the company has comprehensively carried out Carrefour’s business adjustment. On the one hand, it has closed some regional stores, focused on operations in advantageous cities, and improved economies of scale; Leveraging the advantage of the flow of people in hypermarkets, it will increase the income of the more profitable home appliance business and share the fixed costs; in addition, Carrefour itself has accelerated the adjustment of product structure, local e-commerce and community e-commerce operations, and accelerated adaptation to market changes, achieving a chain improvement in scale.
In addition, Carrefour's management and stores have also changed.
In September 2022, Gong Zhenyu, vice president of Suning.com, will also serve as CEO of Carrefour China, and Tian Rui, the former CEO, will be transferred to vice president of Suning Marketing Headquarters, responsible for store preparations.
As of the third quarter of 2022, Carrefour China has 151 stores, and 54 were closed in the first three quarters.