date:Aug 01, 2014
very poorly.
Meanwhile, Carrefour said it had seen a 19.2 percent rise in recurring operating profit in emerging markets, with particularly strong performance in Brazil and Argentina.
Carrefour is the second-largest operator in the Brazilian food retail market, behind leader Grupo Pao de Acucar (GPA), controlled by Carrefour's arch-rival Casino, and just ahead of Wal-Mart.