date:Mar 21, 2013
r pulling out of five markets in 2012.
The world's second largest retailer after US based Wal-Mart Stores Inc.(WMT) sold and closed a number of its global operations last year in a bid to refocus its business on core markets in Europe and South America.
At the company's annual results presentation, Mr. Plassat highlighted the difficult context in Italy and neighboring Spain, where sales were down 5.7% and 4.1% respectively last year, but underlined the importance of continuing to invest in Eur