Carrefour Announces the Closure of Its Five Stores in India

Regulatory News:

Carrefour (Paris:CA) today announced its intention to close its five cash & carry stores in India, where Carrefour has operated since 2010.

The closure of Carrefour’s business in India will be effective at the end of September 2014. Until that time, the company will continue to be fully engaged with all its employees, suppliers, partners and customers to ensure a smooth transition.

About Carrefour:
The Carrefour Group is the leading retailer in Europe and the second-largest retailer in the world, employing nearly 365,000 people. With more than 10,100 stores in 34 countries, it generated revenues of €100.2 billion under banners in 2013.
As a multi-local, multi-format, and multi-channel retailer, Carrefour is a partner for daily life. Every day, it welcomes more than 10 million customers around the world, offering them a wide range of products and services at fair prices.
For more information: www.carrefour.com