Carrefour's problems at home
Carrefour, the French retailer, has forecast a 35% fall in half-year profits from its troubled domestic unit.
Carrefour CEO Lars Olofsson has appointed the head of its European operations as executive director of the French retailer's faltering domestic unit.
French retail giant Carrefour announced today (5 May) that the head of its core domestic business will leave the group.
Carrefour is a retailer regularly in the industry headlines and yesterday the French retail giant issued its first-quarter sales figures. Analyst reaction, Dean Best writes, was mixed.