date:Oct 23, 2013
th the main cut-price strategy of Europe's largest retailer to revive its ailing French operations.
Carrefour and Hediard declined to comment on Tuesday.
Carrefour has struggled for years in France, partly due to a reliance on the hypermarket format it pioneered whereas time-pressed customers are shopping more locally and online, and buying non-food goods from specialist stores.
Chief Executive Georges Plassat, who replaced Olofsson in May 2012, has responded in France, which makes 40 percent