U.S. food retailing appears headed for additional consolidation, but it's unlikely that additional European companies will dive in. Many major European retailers -- who had been expected to seek acquisitions in the United States -- apparently now believe it's better to expand closer to home or to enter less-developed countries and grow with them rather than attempt to take on the world's toughest consumer market, European observers told SN. "European retailers like [France's] Carrefour and ...
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