Carrefour, Metro show European recovery gaining traction
date:Oct 18, 2013
Quarterly sales at two of Europe's biggest retailers, Carrefour and Metro , showed turnaround efforts in their home markets starting to bear fruit and signs the region's long-suffering economy is at last on the mend.

European store groups have had a torrid few years, hit by a squeeze on disposable incomes from a prolonged economic downturn and cut-throat competition from the rise of online shopping.

Carrefour, which has particularly suffered from its focus on out-of-town megastores, said on Th
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