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February 6, 2004

FRANCE: Carrefour plans to sell online grocery operation – report

French supermarket giant Carrefour is reportedly planning to sell its unprofitable Internet grocery retailer Ooshop.

French supermarket giant Carrefour is reportedly planning to sell its unprofitable Internet grocery retailer Ooshop.

Carrefour decided at the end of last year to divest the online operation, Dow Jones reported, citing people familiar with the situation.

The company is reported to have had several approaches for the business, but none that meet Carrefour’s valuation of the business.

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