Retailer Carrefour allegedly mulls withdrawal from Poland, other countries.

By bne IntelliNews August 29, 2012
The world's number-two retailer, France-based Carrefour is considering withdrawal from Indonesia, Turkey, Poland, Malaysia and Singapore after it pulled out of recession-hit Greece in July amid falling sales, according to analysts surveyed by Reuters. Carrefour Singapore has already announced that the French group will shut its two stores in Singapore by the end of this year. "The news comes two days before new CEO Georges Plassat is due to unveil his recovery plan for Carrefour with first-half results on Aug 30," Reuters said.

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