date:Apr 19, 2013
investment fund Colony Capital.
WEAK FRENCH HYPERMARKETS
France, which contributes more than 40 percent of group sales, is key for investors to assess whether Carrefour can finally come to grips with its problems in Europe.
Under his recovery plan, Georges Plassat, who became Carrefour CEO in May 2012, has vowed to cut costs, improve price competitiveness and simplify product offerings, notably in the troubled non-food sector, and last month unveiled plans to boost capital expenditure.
Ther