Carrefour Considers Convenience

The Malaysian subsidiary of French retail giant Carrefour, the country's fifth largest mass grocery retailer (MGR), is reportedly contemplating a move into Malaysia's high-growth convenience retail sub-sector. Fresh from February's announcement that it was to invest MYR1.2bn (US$382mn) in opening 13 new hypermarkets to double its network size in the country, the latest reports show just how important the Malaysian market is to Carrefour despite the fact it contributes only modestly to Asia group sales at

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