Tough times hit Carrefour's plans

  • 12 years ago
Carrefour has cut it dividend payment to shareholders in half in anticipation of another tough year in its home market, France, and throughout austerity-hit southern Europe

The region's top retailer, and the second largest in the world behind Wal-Mart Stores, posted a 19 percent drop in profit last year and has halted plans to revamp its hypermarkets.

...
http://www.euronews.net/

Recommended