French supermarket giant Carrefour said its sales in Switzerland totalled 1bn Swiss francs (US$730m) in 2002, up 5% year-on-year.

Carrefour, which recently posted a slide of 1.6% in total revenue for 2002, plans to open 10 supermarkets in Switzerland by 2006, reported the Swiss News Digest.

Elsewhere, Mexican retailer Grupo Soriana has purchased a hypermarket in Saltillo, Coahuila, from Carrefour for an undisclosed sum. Soriana said the purchase would help strengthen the group’s operations in the state of Coahuila, reported Corporate Mexico.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now