date:Apr 19, 2013
n price perception against its rivals and a steady improvement in the store traffic trend.
In emerging markets, Brazil remained a bright spot, showing double-digit like-for-like sales growth, with both food and non-food showing improvements in hypermarkets.
In China, sales related to the Chinese New Year were in line with Carrefour's expectations and the trend in food sales slightly improved in the quarter, Sivignon said, until a recent health scare in the past month over bird flu.