date:Jul 18, 2014
been struggling as shoppers' disposable income is squeezed by subdued wage growth and austerity measures, and most have responded with price cuts.
Smaller French peer Casino (CASP.PA) on Tuesday posted an improvement in its hypermarket sales helped by price cuts.
Like-for-like sales growth in Brazil, Carrefour's second-largest market after France, was 7.2 percent, an acceleration from 6.4 percent in the first quarter. Hypermarkets and the Atacadao wholesale stores did well.
The plan for 2014