Carrefour Expanding In Key Growth Market

With a population in excess of 20mn and a mass grocery retail (MGR) industry believed to account for only 40% of consolidated grocery sales, BMI believes Romania houses one of emerging Europe's most promising retail markets, alongside the likes of Turkey, Poland and Russia. With this in mind, we agree with Carrefour's decision to scale up its supermarket presence by one (to a total of 26) with a further 10 in the

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