Sears and France's Carrefour to begin ordering through Internet-enabled system - Brief Article
Home Channel News, March 20, 2000
The two dealers plan to start ordering from suppliers exclusively through GlobalNetXchange, which is being developed with their software partner, Oracle SA. Sears and its partners intend to form a separate, as yet unnamed, company around the exchange that would have its own employees. management and capital.
Eventually, the exchange may also be used to sell products. Last year, Sears and Carrefour ordered more than $80 billion in merchandise.
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