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Finance & Economics

Carrefour completed acquisition of over 200 stores in Taiwan

This transaction is part of Carrefour’s targeted acquisitions policy, which it intends to continue

Carrefour Taiwan

Carrefour completed acquisition of over 200 stores in Taiwan. Source: pexels.com

Carrefour has announced the closing of the acquisition from Dairy Farm of 224 proximity stores in Taiwan as well as a warehouse.

That includes 199 Wellcome stores – average sales area of 420 sq. m? and 25 Jasons stores- average sales area of 820 sq. m.

The acquired stores will henceforth benefit from Carrefour’s commercial policy and purchasing conditions. Meanwhile, Wellcome will bring its recognized expertise in fresh produce and contribute to the development of food e-commerce.

Carrefour plans to convert the Wellcome stores to the Market banner within the next year, and then convert Jasons stores to a Carrefour premium banner.

We’ve reported that Walmart that shoppers can now return items purchased online, shipped, and sold through Walmart.com from their homes.

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