Tuesday, April 27, 2010

Carrefour - Turned Around?

The Financial Times reviews Carrefour's CEO Lars Olofsson's progress over the past fifteen months in returning the retail giant to its revenue growth.  "Mr. Olofsson says he has diagnosed the problem, which is basically the underperformance of non-food sales at the hypermarkets..."  See article here.  

Hypermarkets are an interesting retail environment, where the shopper and consumer merge, or can swap roles.  Similar to eCommerce environments.

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