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In The News

Carrefour Says Au Revoir To China: Lessons In Global Commerce

As Carrefour gets ready to sell a majority of its operations in China, lessons can be learned from the history of the French retail giant’s choices over the years.

Categories
In The News

Why Companies In Argentina Are Hunting For Older Workers

Firms in Argentina are recruiting over-40s for their steady hand and people skills — and their affordability.

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Society

Multinational Retailers Go Mini As Argentina Gets Poorer

Globalization downsized? Taking lessons from Chinese immigrant-owned shops, foreign chains Carrefour and Walmart are opening smaller markets to make shopping faster and cheaper.

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Economy

Tesco And The Foreign Retail Exodus From China

In recent days, China’s foreign retailers have one after another made headlines. While Tesco is withdrawing its brand from China, Walmart announced a layoff of more than 100 staff, including dozens of senior managers. Meanwhile, Carrefour is transforming itself into a convenience store to survive. BEIJING — After 10 years in China, Tesco, the world’s […]

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Economy

Argentina’s Grocery Wars, As Major Chains Muscle Small Chinese Shops

BUENOS AIRES — If there is a force more potent than Chinese work habits, it must be multinational competition. In Argentina, hundreds of Chinese grocery stores — the ones that, to the chagrin of local shops, are open 24 hours — have closed as large global supermarket chains have opened small convenience stores. Over the […]

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Economy

Why Walmart Can’t Beat The Competition In Brazil

BRASILIA – There’s a strange section on Walmart Brazil’s website, strange at least for a retailer. It’s not the usual invitation to apply for a job, “Work with us,” but an invitation to make real estate deals with the huge multinational company. “If you own land or a building where it would be possible to […]

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