French retailer Carrefour has reported sales worth EUR 1.13 billion on the local market, down by 0.4 percent against 2009, according to the company’s financial report. It is for the second consecutive year when the group’s local division registers a drop in sales after in 2009 the decrease reached 4.7 percent.
Carrefour focused last year on developing its supermarket chain branded as Carrefour Market. The retailer operates 23 hypermarkets in Romania and its 31st supermarket was opened this December in Cluj.
Overall the group reported sales worth EUR 101 billion in 2010, about 5.8 percent more than in 2009. Latin America generated the highest boost in sales (31 percent), followed by Asian markets (18.4 percent) while in Europe, Carrefour’s sales went down by 1.4 percent.
Simona Bazavan