date:Mar 06, 2014
nd Spain, while Asia also remained weak.
Many retailers across Europe have been struggling as shoppers' disposable income is squeezed by subdued wage growth and austerity measures, and most have responded with price cuts.
France, the euro zone's second-biggest economy, saw consumer spending fall 2.1 percent in January from December, against forecasts for a rise, dampening hopes of a consumer-driven recovery in the first quarter of 2014.
Carrefour shares rose 49 percent last year, welcome news