Carrefour has reported a 2.1 per cent growth in group sales, to €22.63 million for the third quarter, with like-for-like sales exluding petrol growing 0.2 per cent.
Food sales were up in the French group's domestic market, showing growth of 1.2 per cent in sales. Like-for-like hypermarket sales were down 3.3 per cent (excluding petrol), an improvement of over 2 per cent on the previous quarter.
Sales across the rest of Europe fell 3.3 per cent, like-for-like, exlcuding petrol, with Italy showing the biggest slowdown.
Sales in Asia grew 12.3 per cent, whilst Latin America saw a 5.2 per cent increase, or 10 per cent like-for-like, excluding petrol. Brazil, now Carrefour’s second-largest market after France, recorded like-for-like sales growth of 9.7 per cent for the quarter.
The world's second-largest retailer opened 39 'Drive' outlets in the quarter, displaying the incresaing impact of online shopping. (11 Oct)
© 2012 - ESM: European Supermarket
