date:Aug 19, 2013
Group sales at Carrefour are expected to decline over the next five years and experts advise the retailer should divest its international portfolio if it is to remain a top three European retailer. Carrefours future in markets such as Poland, Romania and Turkey is dependent on the retailers ability to deliver profitable growth. But retail analysts at Kantar Retail advise that Carrefours on-going struggles in Southern European markets (Spain and Italy) will continue to drag down overall group