date:Jan 17, 2014
s. Most have responded with price cuts.
On Tuesday, Carrefour's smaller French rival Casino said it expected sales at its domestic hypermarkets to return to growth in the next six months as it would reap the full benefits of earlier price cuts.
Dutch grocer Ahold on Thursday reported a steeper-than-expected decline in fourth-quarter sales as the U.S. food market contracted and Dutch customers spent less.
In emerging markets, Carrefour like-for-like sales in China fell 3.1 percent after rising