date:Mar 07, 2013
Carrefour, Europe's biggest retailer, said it would boost capital spending to revive its struggling hypermarkets after 2012 profits fell 2.6 percent, depressed by falling demand in recession-hit Spain and Italy.
The French retailer, which is battling to reverse years of underperformance in Europe, said it would invest between 2.2 billion and 2.3 billion euros against 1.547 billion last year, above analysts' expectations of 1.955 billion euros for 2013.
Carrefour, the world's second-biggest ret