Retail Trends from Beijing

On of the largest food retailers in the world, the Carrefour Group, announced today the signing of an agreement to sell an 80% equity interest in Carrefour China to Chinese Group Suning.com.

Pepsico is taking its global Power of One program to jointly promote beverages and snacks a step further in China, with the marriage of two Pepsi brands in a single product: Pepsi-Cola chicken-flavor Lay's potato chips.