French retail giant Carrefour announced uneven growth performance in Europe in its third-quarter financial results, generating about 20.4 billion euros ($23.7 billion), a 4% quarter-on-quarter increase in sales revenue across all its markets.
According to Chairman and CEO Alexandre Bompard, the company continued to gain market share in most of the countries it operates in, despite a very high comparable base. “Our trajectory is very solid and demonstrates our ability to generate structural growth thanks to our strong customer-centric approach, good control over our operations, notably in digital, and impactful strategic initiatives,” he said.
Earlier in March, the retailer announced that it had completed the acquisition of supermarket chain, Supersol, in Spain, where Carrefour gained market share driven by strong out-of-home consumption which benefitted Carrefour’s convenience formats at the expense of hypermarkets.
The Big Four auditors have been asked to explain what measures they are taking to…
This comprehensive analysis of the Ecommerce Call Center Service market is indispensable for businesses and…
This comprehensive analysis of the eCommerce Solution market is indispensable for businesses and industry professionals…
SAN FRANCISCO - Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but…
Tesla CEO Elon Musk made it absolutely clear on today’s Tesla conference call: if you…
A new kind of global competition is unfolding, with China and the United States vying…