
After years of breakneck expansion, retailers in China are scaling back and delaying their growth plans as the maturing market enters a new phase of consolidation fueled by slowing demand and fierce competition.
369 published items with the word (s) or phrase Carrefour in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
After years of breakneck expansion, retailers in China are scaling back and delaying their growth plans as the maturing market enters a new phase of consolidation fueled by slowing demand and fierce competition.
Tesco, Britain's biggest retailer, met forecasts with a 9.7 percent rise in first-quarter sales, led by a strong performance in its international businesses and a pick up in sales growth at home.
India's Pantaloon Retail is close to selling a stake in an unit to France's Carrefour, the Business Standard reported on Tuesday 2 June.
Tesco, the world's No.3 retailer, is set to show its resilience to the economic downturn by posting profits of over 3 billion pounds ($4.5 billion) just four years after passing the 2 billion pound mark.
French hypermarket chain Carrefour is on track to open its first store in Moscow in May, a long-awaited move by the world's No.2 food retailer into Russia, real estate sources told Reuters.
Recession shockwaves are swamping China's main coastal export zones and spreading, pushing a fragmented and once fast-growing retail sector to consolidate as sales and profit margins shrink. Global giants such as Wal-...
Japan's top trading house Mitsubishi Corp will take a 5 percent stake in Aeon Co Ltd in a deal that the nation's No.2 retailer hopes will cut procurement costs and boost its overseas expansion.
Marks & Spencer will open its first store in mainland China on Oct. 2, the same day as a keenly-awaited trading update, in the latest move by an international retailer into the world's most populous country.
Tesco said on Wednesday it would buy 36 discount stores from South Korea's E-Land for $1.9 billion (977 million pounds) in its biggest single acquisition.
Unlisted South Korean retailer E-Land said on Wednesday it was in talks to sell 35 discount stores to Tesco's South Korean unit, sending shares of rivals sharply lower.