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Carrefour to boost capital spend after 2013 profit rise
date:Mar 06, 2014
t out that Carrefour started its restructuring effort earlier than Tesco.

Tesco are two years into the turnaround and are now giving themselves a further three year horizon to see positive results, Bernstein analysts said in a recent note.

This is much like Carrefour from 2005, plenty of false dawns with declining market shares and with two margin resets already under their belt. There were many more to come before the first signs of stabilization in 2013.

STRONGER FRANCE

Carrefour, second o

12/26 05:55