date:Aug 30, 2013
Carrefour has struggled for years in Europe, partly due to a reliance on the hypermarket format it pioneered as time-pressed customers shop more locally and online and buy non-food goods from specialists.
Chief Executive Georges Plassat, who joined in May 2012, has responded in the group's home market of France by cutting costs, renovating ageing stores, improving price competitiveness and simplifying product offerings.
Europe's largest retailer said on Thursday its first-half recurring ope