Carrefour, the world's second-biggest retailer, said western European markets remained tough, though its new hypermarket stores were performing well, as it laid out its plans to spin-off discount chain Dia.
Carrefour SA will meet investors next week to defend a plan to spin off its discount chain amid growing questions over its leadership after the shelving of another proposed spin off and the departure of a key manager.
Carrefour SA fired the executive tasked to revive its core French business and said it was shelving a controversial property listing, fuelling talk of boardroom dissent and worries over its turnaround plan.
New Tesco boss Phil Clarke said the world's third-biggest retailer needs to come up with new products and services and improve general merchandise ranges after falling short of its own expectations in a tough British ...
This Thursday evening in Paris, Diet Coke launched the 2nd limited edition of Karl Lagerfeld's especially designed bottles, which now come in 3 different formats. Watch a behind the scenes sequence in this article.