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Tough times hit Carrefour's plans

2012-03-08 8 Dailymotion

Carrefour has cut it dividend payment to shareholders in half in anticipation of another tough year in its home market, France, and throughout austerity-hit southern Europe<br /><br />The region's top retailer, and the second largest in the world behind Wal-Mart Stores, posted a 19 percent drop in profit last year and has halted plans to revamp its hypermarkets. <br /><br />...<br />http://www.euronews.net/

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