Nicolas Sarkozy

The announcement of the Indian partner of French retailer Carrefour, which was expected during the ongoing visit of French President Nicholas Sarkozy, has been put on hold for some time. The chairman of the world’s second largest retailer Jose...

French retail giant Carrefour has grabbed 75 per cent stake in Indonesian retailer Alfa Retailindo in a deal worth US$70.7 million, as part of its strategy to reinforce its presence in ‘key growth markets’. This move by Carrefour, which was...

British Tesco and French Carrefour will step up their lobbying in India as representatives of these two retail majors are accompanying British Prime Minister Gordon Brown and French President Nicolas Sarkozy, respectively, when they visit India this month. The British...