'Reselling' claims put more pressure on Carrefour
By Gao Changxin | China Daily | Updated: 2011-02-26 07:36
SHANGHAI - The French retailer Carrefour SA resells products bought from its suppliers to intermediate distributors at a discount in China to inflate sales figures, according to a report on the news portal NetEase.com on Friday.
The retailer also increases the charges for promotional and management activities to its suppliers, to make up for losses incurred in the reselling process, the report said, citing former Carrefour store managers in Shanghai.
These activities account for between 5 and 15 percent of sales at Carrefour stores in Shanghai, the report said, citing a former store manager.
Photo