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Companies / France

Carrefour's Hypermarkets Losing Out

July 2008 | Company Finance Alert

French retail giant Carrefour has moved to ease investor's concerns with a new five-point plan to tempt back shoppers and cut costs. The retailer has been forced to act after disappointing sales figures for the first half of 2008 led to a profits warning and triggered a massive slump in the firm's share

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