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As for Herve and the "personal projects" he reportedly left Carrefour to pursue?
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Thai shoppers left it.In this section Valuable Vale Days of wine and tulips LG's woes Exit Carrefour Screen test Wild is the wind Pointers for predators Where print makes profits The wiki way ReprintsAnother factor in Tesco's success in South-East Asia was its choice of local partners, says Kelvin Chan of Euromonitor, a market-research firm.
Mr Olofsson has said he prefers to leave markets where Carrefour is not one of the top two retailers or has little hope of becoming one.
Some bailed-out banks have left; big supermarket chains such as Carrefour and Tesco are in retreat.Second, multinationals will need to strengthen the operations they retain.
Supermarkets in Beijing are banning sales of knives after a man stabbed four people at a Carrefour shopping centre on Monday that left three wounded and one dead.
When a Carrefour store in Chongqing, China, announced a limited-time cooking oil promotion in November, a stampede of would-be buyers left 3 people dead and 31 injured.
If needed, he added, "Carrefour could sell off its Latin American and Asian operations for a value in excess of the current market capitalization, and we'd still have the core European operations" with more than 65 billion euros in sales left over.
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Carrefour decided to leave Chile because of stiff competition and a lack of room to expand, they said.
Carrefour's share price leaves little room for error.
Delhaize leaves Alfa Beta considerable autonomy, the "opposite" of Carrefour's top-down approach, says Ms Egloff.Alfa Beta started out introducing richer Greeks to international brands, but cut prices in the 1990s to widen its appeal.
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