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French Retail Giant Carrefour Is Said to Quit The Chinese Mainland and Taiwan
Jun 27, 2013French retail giant Carrefour is said to quit the Chinese mainland and Taiwan. Sources said recently that Carrefour, the biggest retailer in the world and the second-biggest one in Europe, was considering selling business in both the ...
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Looking Behind The Headlines Is Just-Food's Signature Dish
Dec 20, 2012Looking behind the headlines is just-food's signature dish and this year we looked at the major stories in-depth, including the possible suitors for United Biscuits' salty snacks business; the work ahead for China's Bright Food after it ...
Tags: Agriculture Food, Just Food, Bright Food, Kraft Foods
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Michelle Russell Takes a Look at The Highs and Lows for International Retailers in 2012
Dec 20, 2012Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
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Carrefour Has Booked an Increase in First-Half Sales, Driven by Growth in Emerging Markets
Dec 12, 2012French retail giant Carrefour has booked an increase in first-half sales, driven by growth in emerging markets, notably in Latin America. Growth in Latin America and Asia boosted sales for Carrefour in the six-month period as group sales ...
Tags: H1 Sales, Europe sales, Carrefour
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Carrefour Has Sold Its Malaysian Operations to Japanese Giant Aeon
Dec 10, 2012French retail giant Carrefour has sold its Malaysian operations to Japanese giant Aeon. The sale, announced today (31 October), was made for an enterprise value of EUR250m (US$324.1m). The transaction, Carrefour said, is part of its ...
Tags: Carrefour, retail giant, Aeon, transaction
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Carrefour Has Sold Its Stake in Its Venture in Indonesia
Dec 10, 2012Carrefour has sold its stake in its venture in Indonesia, the latest move to refocus its attention on a smaller number of markets worldwide. The Carrefour banner will still be present in Indonesia but the chain will be run on a franchise ...
Tags: stake, venture, local franchisee, exclusive franchisee
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Carrefour Is Reportedly in Talks to Combine Venture in Turkey
Dec 10, 2012Carrefour is reportedly in talks to combine its venture in Turkey with local rival Migros Ticaret. Bloomberg Friday (28 September) reported Carrefour and Migros were in "early" talks over a possible combination of the two businesses. ...
Tags: venture, stock exchange, local venture
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Carrefour Today (30 August) Reported a Fall in Half-Year Profits
Dec 10, 2012Carrefour today (30 August) reported a fall in half-year profits but shares in the French retail giant rose as analysts had expected a steeper decline. The French retail giant booked recurring operating income of EUR769m (US$965.3m), down ...
Tags: Carrefour, retail giant, operating income, profit drop
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Robust,Single-Minded and Colourful Were Three Words That Sprung to Mind AsCarrefour CEO
Dec 10, 2012Robust, single-minded and colourful were three words that sprung to mind asCarrefour CEO Georges Plassat discussed his plans for the French retail giant yesterday (30 August). However, some investors would like a little less gloss and a lot ...
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A Raft of Earnings Results Kept The Just-Food News Desk Busy This Week
May 29, 2012A raft of earnings results kept the just-food news desk busy this week. M&S chief executive Marc Bolland insisted its product development sets it apart from rival grocers, while Campbell Soup CEO Denise Morrison expressed her disappointment ...
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Arla Foods Revealed 250 Jobs Could Be Cut as It Drives Efficiency
May 21, 2012Arla Foods revealed 250 jobs could be cut as it drives efficiency and tries to keep pace with its international competitors - and admitted more could be made. The race to buy frozen food giant Iglo Group also continued to make the headlines ...
Tags: Arla Foods, revealed revealed jobs, frozen food, pork, food labels