Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Russia

Carrefour Likely To Re-Enter Russia

September 2010 | Company News Alert

After exiting Russia in H209 (calendar) just a few months after launching its first store, Carrefour's Chief Executive Lars Olofsson has announced that the retail giant plans to re-enter via acquisition. In our opinion, Carrefour found itself in a difficult position the first time round after its organic-led entry approach and inability to close a deal (it was strongly linked with Sedmoi Kontinent) ultimately saw it exit within months of entering (see' Carrefour To Quit Russia' in our online service' in our online

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