Carrefour Reiterates Plan To Significantly Cut Hypermarket Space Across Portfolio
Carrefour has reiterated its plans to reduce its hypermarket sales area by 350,000 within the next two years, in line with its Carrefour 2022 strategy.
However, the retailer has a long way to go to achieve this goal, having reduced hypermarket space by just 133,000 square metres as of June of this year.
At end-2019, the total reduction in hypermarket space across the group was 115,000 square metres.
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