Carrefour, the world’s largest retailer, is concerned over the fact that flat sale for the third quarter of this year has proved below its forecasted profit.
In India, Carrefour the French supermarket leader has inaugurated its in
Berli Jucker PCL (BJC. TH) has become the front runner to buy the Thai asset in Carrefour SA, as PTT PCL PTT. TH) was forced to withdraw due to the government pressure. In PTT PCL ( PTT. TH), the Thai Govt's share is 51.36% making it vulnerable to govt. pressure.
The biggest retailer in Europe, Carrefour has announced that it will be spending 1.5 billion euros or $2 billion in what it calls its turnaround plan. It will be revamping all its hypermarkets to be able to position itself differently.
After Carrefour’s announcement that it is shutting down its stores in Southeast Asia, the French supermarket chain store received offers from more than 12 bidders, including Tesco, the UK grocery retailer, the Japanese Jusco, Giant, and other several local operators.
Having acquired a greater market share in France, French retailer Carrefour is said to have made a comeback into prosperity in the first half of the year. The Company, which is the world's biggest retailer after the U. S.-based Wal-Mart Stores Inc., has declared a net profit of $85m in the first half of the year, under new Chief Executive Lars Olofsson.
Carrefour on Thursday announced the raise of 5.9% in its sales in comparison to last year. The Company on Thursday reported about its 51% buy-out in Baolongcang, a retail chain in China.
The collaboration of NASA and Lego will be organizing a competition that will be witnessing the participants generating the future of NASA - in Lego.
Any individual who is in love with space exploration and is a bit of Lego maestro can combine his two qualities and can get through the competition which is being initiated by Lego and NASA...
At 11.10 pm, Barack Obama recorded a historic win by defeating his rival, Mitt Romney by 100 votes. Obama was given 303 electoral votes by the major networks, while Romney got 203.
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The government in Scotland has renewed demands for air passenger duty to be devolved to Scotland...
A recent report has confirmed that former Warriors captain Peter Ndlovu would be sent to England...
Average price of gasoline has fallen by six cents since past two weeks and further plunge in the price is expected in the coming days.
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As per the revelations of a recent report, biologists from the Interagency Grizzly Bear Study...
A new report has been released on Monday, according to which despite of making lot of awareness...
According to a research, it has been revealed that...
Since 1997, this wealthy banker has set a prize for...
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