date:Dec 10, 2013
prove overall profitability. Among Fitch-rated retailers Casino has the greatest exposure to EMs, though any impact is likely to be mitigated by its popular store format and focus on more affluent customers. The pursuit of investment in new overseas markets will also be put on hold, as retailers such as Carrefour and Tesco concentrate on restoring market share and profitability in their core home markets, which are central to their overall profitability.