Foreign firms gain retail foothold in Beijing market; via
Chinablawg. It'll mean a lot more choices for Chinese consumers. We're all familiar with Wal-Mart, and Carrefour is similar to Walmart. But there's more than meets the eye here. The "Spanish chain store operator DIA", whose stores are I believe similar to the Aldi we've got here, is actually
owned by Carrefour. And though you may not think so, calling 7-Eleven "Japanese firm 7-Eleven" is quite right. 7-Eleven in Japan was originally simply licensed by the American originators, and then became totally managed by the Japanese, who have done it with a highly sophisticated computerized system. In fact the Japanese firm at one point owned 70% of the company that owns the US 7-Eleven. Details
here.
