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Examples
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"Yet another one profit warning and yet another plan," said JP Morgan Cazenove analysts, referring to Carrefour's repeated attempts to reinvent itself in recent years.
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Plassat is the man of a restructuring, said one analyst who declined to be named, referring to Carrefour's top investors - French tycoon Bernard Arnault and U.S. private equity firm Colony Capital.
The Globe and Mail - Home RSS feed DOMINIQUE VIDALON 2012
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"Yet another one profit warning and yet another plan," said JP Morgan Cazenove analysts, referring to Carrefour's repeated attempts to reinvent itself in recent years.
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"Yet another one profit warning and yet another plan," said JP Morgan Cazenove analysts, referring to Carrefour's repeated attempts to reinvent itself in recent years.
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"Yet another one profit warning and yet another plan," said JP Morgan Cazenove analysts, referring to Carrefour's repeated attempts to reinvent itself in recent years.
unknown title 2011
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Carrefour could lose its place as the world's second-largest retailer by sales, after Wal-Mart Stores Inc. The planned spinoff in Madrid next month of the Dia unit, with its €10 billion in annual sales, means Carrefour's sales likely hit a peak last year.
Tensions Disrupt World's No. 2 Retailer Christina Passariello 2011
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Carrefour's market position in recent years has slipped in expanding markets such as Brazil, where it went from No. 2 to No. 4 between 2005 and 2010, according to market data firm Euromonitor.
Tensions Disrupt World's No. 2 Retailer Christina Passariello 2011
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The biggest point of contention has been over Carrefour's property portfolio, which attracted interest from Colony Capital because it believed the value of the portfolio's value wasn't reflected in Carrefour's share price.
Tensions Disrupt World's No. 2 Retailer Christina Passariello 2011
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"Shedding businesses in fast-growing emerging markets increases Carrefour's exposure to lower growth Western European markets."
Tensions Disrupt World's No. 2 Retailer Christina Passariello 2011
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Yet he didn't tell the board for another two months that Carrefour's French business, which accounts for the large majority of the property division's rent, was in bad shape, the people close to the situation said.
Tensions Disrupt World's No. 2 Retailer Christina Passariello 2011
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