Friday, June 22, 2007

Carrefour Junggye

Copyright Stephane MOT
Seoul - Nowon-gu - Junggye - Carrefour Junggye
Photo : "Carrefour du developpement" (Copyright Stephane MOT 2004)

The World's #2 retailer decided to leave Korea in 2006. Carrefour was eventually starting to earn something (and to export varieties of fresh products from small to medium sized Korean producers for its stores in France), but it just couldn't replicate its usual business model : you are not allowed to make purchases at the group level and thus make a difference at the logistics level. Even Wal-Mart failed. Price killers do exist though : you always find ways of crushing producers.

I'm not worrying for Carrefour. They got more than they could dream of from E.Land, who launched a weird mallish concept called Homever late last year.

It's just that you don't find big juici Nashi pears in their Paris store anymore. And Homever's bookstore is less fun to watch : each time I passed by, tens of kids would be sitting everywhere (even in shopping carts - see pix), reading books and not often of the comics / manga kind.


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