Carrefour's recovery plan
Lars Olofsson joined French retail giant Carrefour at the beginning of January. In his three months at the head of the company, he has developed a turnaround strategy that focuses the group’s attention on improving its domestic operations. While the market has largely welcomed Olofsson’s approach, a number of questions remain. Katy Humphries reports.
Crunching the numbers: Can Carrefour conquer all?
13 March 2009
Lars Olofsson joined French retail giant Carrefour at the beginning of January. In his three months at the head of the company, he has developed a turnaround strategy that focuses the group’s attention on improving its domestic operations. While the market has largely welcomed Olofsson’s approach, a number of questions remain. Katy Humphries reports.
UPDATE: FRANCE: Carrefour restructuring on the cards – analysts
12 March 2009
Carrefour could be preparing for a major restructuring of its operations in fiscal 2009 in order to address its lacklustre sales and profits growth, industry watchers have suggested.
FRANCE: Carrefour looks to boost sales, margins
12 March 2009
French retail giant Carrefour plans to cut operating costs and increase price promotions in a bid to boost earnings and kick-start sales after posting flat annual profits.
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