Carrefour buys Plus Supermercados
Carrefour, the world’s second-biggest retailer, appears to be ing round the poor performance of its French hypermarkets.The group has come under pressure from hard discounters in its home market. Sales fell p.1% in the final quarter of 2004....
Carrefour has teamed up with local retailer The Beijing Shoulian Group to take its Dia hard discount format to China.
The new joint venture will allow Carrefour to expand the format quickly in and around Beijing and some northern cities, said a...
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