date:Jul 19, 2013
French retail giant Carrefour said today that rising sales in Asia and Latin America helped to offset shrinking European second-quarter sales.
The retailer recorded quarterly sales of 20.46 billion, down 0.6% at current exchange rates (including petrol) from the same period a year ago, noting that Q2 sales improved at its core French hypermarkets and turned positive in China.
Growth in Brazil, the second largest market for Carrefour after France, slowed during the period, however, while tradin