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Walmart may be doing poorly, but Carrefour(French version of Walmart) is doing much better. There are also local alternatives, so it's not the concept behind Wa
by baja_blast 4y ago
Walmart may be doing poorly, but Carrefour(French version of Walmart) is doing much better. There are also local alternatives, so it's not the concept behind Walmart that doesn't work, it's Walmart itself that has failed.
- bobthepanda 4y agoCarrefour had lower retail market share than Walmart. It also sold 80% of its Chinese operations in 2019. A big thing with Carrefour is that it also operates convenience stores, which are very much not big box stores, and which Walmart doesn‘t really do or do well. https://daxueconsulting.com/carrefour-in-china/ https://daxueconsulting.com/carrefour-in-china/