date:Mar 07, 2013
's hypermarkets have been hit by competition from specialist stores and trends toward local and online shopping.
Plassat has vowed to cut costs, improve price competitiveness and simplify product offerings, notably in the troubled non-food sector. He has also pledged to give store managers more autonomy after years of mainly central planning.
As part of a strategy of raising cash to defend positions in key markets of western Europe, China and Brazil and to strengthen its balance sheet, Carrefo