At the Mapic conference in Shanghai in late August 2017, Frank Chan, Director of Carrefour’s shopping centres in China, said: “We are reducing the average sales area of our 231 hypermarkets by about 500 sq.m GLA. Initially, these were between 7,000 and 10,000 sq.m GLA. We want to concentrate onhypermarkets with new openings and for existing stores, with a reduced range of home appliances, clothing and bazaar categories. Wherever possible, they will cover one floor instead of two”. In...
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