MALAYSIA: Carrefour Malaysia sees 2003 sales up 10% due to new outlet
The Malaysia unit of French retail giant Carrefour has said it expects 2003 sales to rise 10% with the opening of a new outlet near Kuala Lumpur. Carrefour Malaysia invested Rgt24m (US$6.3m) to set up the new outlet, which it expects will boost 2003 sales to around Rgt890m. The company has invested more than Rgt575m in all its stores over the last nine years, AFX Asia reported, citing local media.
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