Bidding war for Carrefour's Asia stores | Bangkok Post: breakingnews

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Bidding war for Carrefour's Asia stores

British and Japanese retail giants along with local operators are in an auction battle to take over the Southeast Asian business of French supermarket chain Carrefour, reports said Thursday.

Shoppers are seen near an outlet of the French supermarket chain Carrefour in Kuala Lumpur. British and Japanese retail giants along with local operators are locaked in an auction battle to take over the Southeast Asian business of the French supermarket operator.

Britain's Tesco is among more than 10 bidders for Carrefour's assets in the region, which total 61 stores in Malaysia, Singapore and Thailand, the Financial Times said.

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Your comments

  • kongaenshopper

    Discussion 6 : 02/09/2010 at 11:23 PM6

    refer to disc #3

    I agree that Tesco-Lotus has only low quality Thai products like normal people in this country are used to.
    I have not visited the Lotus store in my area for years.
    you could as well help keep the old style Thai shops alive and get some human touch.

  • CJC

    Discussion 5 : 02/09/2010 at 07:59 PM5

    Ref: Discussion #3. Tesco must be pretty dumb eh? Fancy building all those supermarkets then aiming them at the largest, biggest-spending part of the Thai population!
    Perhaps that is why Tesco is expanding and Carrefour Asia is offloading.

  • Eden

    Discussion 4 : 02/09/2010 at 07:49 PM4

    I do. So don't be so rude Gert (disc 1).

  • Brian

    Discussion 3 : 02/09/2010 at 06:55 PM3

    Let's hope that Tesco doesn't get it. Tesco Lotus in Thailand is crap and aimed squarely at working class Thais, only. Carrefour has always carried better products including many gourmet and semi-gourmet European items. The one on Rama IV is particularly good.

  • cheeseman

    Discussion 2 : 02/09/2010 at 06:21 PM2

    Yep, big checkout queues every day at the one I go to.

  • gertrude stein

    Discussion 1 : 02/09/2010 at 05:30 PM1

    does anyone really shop at carrefour anymore ?

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