Carrefour, Metro show European recovery gaining traction
date:Oct 18, 2013
ursday hypermarkets in its main French market had returned to underlying sales growth for the first time in 5-1/2 years, helped by its drive to cut costs, improve price competitiveness and revamp stores.

Germany's Metro, which has also been restructuring, said it was growing again in home market of Germany and was upbeat for the key Christmas period despite a hit to third-quarter sales from volatile foreign exchange rates.

As well as reflecting self-help measures, the results add to signs the
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