Boycotting Carrefour, the French supermarket chain in China, has started to affect the Chinese suppliers who provide 95 percent of products to Carrefour. One supplier in Shanghai disclosed that their order volume has dropped 20 percent in the past few days. The potential increase in sale returns, food products in particular, is also a concern. Carrefour recently announced the cancellation of the sales promotion scheduled for the upcoming May 1, Chinese Labor Day.
Demonstrations against French supermarket chain Carrefour erupted in cities across China on Saturday April 19, caused by anger over the disruption of the Olympic torch relay when it went through Paris on April 7.
Source: China Business, April 28, 2008
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