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With 15 additional stores, Carrefour fails to match its best year sales
17.01.2011, 00:04 | Business | 858 views
French group Carrefour, the biggest hypermarket operator on the Romanian market, which also holds Carrefour Market supermarkets, reported 1.13 billion euros in turnover in Romania in 2010, down 0.4% against the previous year, according to the company's financial report. With 15 more stores than in 2008, which entailed investments of around 60 million euros according to ZF calculations, Carrefour failed again in 2010 to match its 2008 sales. 2010 is thus the second year since Carrefour's market entry in 2001, when overall sales are on a downward path, though at a slower rate, from 4.7% in 2009 against 2008, to just 0.4% last year. Read more on ZF.ro
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