Carrefour Is Selling Its Supermarkets! Why the French Giant's Business Didn't Work Out in Europe
3 Articles
3 Articles
Carrefour is considering withdrawing from the Italian market: the retailer is reportedly holding discreet talks with several European players to sell its activities in the country. According to the specialized press, Lidl, Esselunga and Conad are among those interested. The article Carrefour is selling its supermarkets! Why the French giant's business in Europe did not work out first appeared on Romania TV.
According to sources of ‘present-day distribution’, Carrefour would be completing its exit from the Italian market after years of negative results and increasing competitive pressure. The French group, present in Italy since 1993, negotiates the sale of its network of approximately 1,200 points of sale to several rival chains, among which stand out Lidl, Conad and Esselunga. The operation, if concrete, will be the final farewell of the French te…
The French Carrefour, which is present in two countries in Central and Eastern Europe, is unable to find its place in the Italian market. So, according to press reports, they have taken out the trumpets to announce their retirement.
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