PARIS -- Despite a lackluster economy in its home market, the Carrefour hypermarket group here keeps growing, thanks to its domestic and international strategies, according to Daniel Bernard, chairman. At the company's annual meeting here, Bernard said operating profit for the year ended Dec. 31 rose 29.5% to nearly $530.6 million (2.6 billion francs). Sales rose 9.5% to $27.8 billion. Conversions were made at the rate of $1 equals 4.9 francs. Bernard focused on the importance of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.