In June, Carrefour sold 80% of its China operations to electronics retailer Suning. The news is representative of a much broader shift in the new retails space. When we first covered new retail in 2018, unmanned stores were gaining traction and it was unclear if Alibaba was going to win. In 1.5 years, unmanned stores are almost dead and Alibaba is a clear winner.
To discuss this shift, we're happy to welcome Michael Norris, research and strategy manager at AgencyChina.
This episode was recorded on June 25, 2019.
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