Suning.com plans to revamp department store supply chains by tapping the power of big data and AI.
The retailer’s offline expansion has taken a toll on revenue amid a lackluster consumer market.
Scale and differing corporate cultures and business model may prove obstacles for Suning to integrate Carrefour China, says one expert.
The acquisition will help the Alibaba-backed retailer shore up its presence in southern China.
Founded by Zhang Jindong and his elder brother in 1990, Suning is China’s largest omnichannel retailer.