trending Market Intelligence /marketintelligence/en/news-insights/trending/kV89nwhRoCLf5Pju8KxjEA2 content esgSubNav
In This List

Carrefour denies pulling out of China, Argentina, Poland

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


Carrefour denies pulling out of China, Argentina, Poland

A spokesman for France's Carrefour SA said the company would not close its operations in China, Argentina or Poland, Reuters reported.

The firm was responding to a report by French publication Capital that said Carrefour had reportedly asked several banks to sell off its businesses in the three countries.

Analysts warned that the retailer was losing market share in China and its core French market to rivals E. Leclerc SA and Amazon.com Inc., the report noted.