BMI Sees Positives From Carrefour Announcements

Despite a run of bad news BMI sees some positives in the latest announcements coming from struggling French retail giant Carrefour. Firstly, the firm has announced a review of the roll out of its 'enhanced' hypermarket format, Carrefour Planet - an expensive remodelling process that BMI has always thought was the answer to the wrong question. Secondly, the firm has announced a massive new price offensive, stating that it will refund double the difference if customers are able to find goods cheaper within 15km of a Carrefour store. We have long suggested that Carrefour's fundamental problem is that it is

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