Carrefour is to slim down its operations in Belgium, cutting nearly 1,700 jobs by shuttering 21 of its 627 stores.Europe’s largest retailer told employees that the cost-cutting measures were inevitable after years of underperformance.
PARIS - French supermarket giant Carrefour, ranked world number two, said Friday it had slipped into the red for the first half in difficult times but still confirmed its 2009 earnings targets. The company, second only to Wal-Mart of the United Sta
PARIS, Aug 28 - French supermarket group Carrefour confirmed that full-year operating profit would fall up to 18 per cent this year after it saw no change in the trend in its main domestic market during the summer.The world’s second-biggest retailer
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