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Carrefour eyes acquisitions to accelerate India expansion
French retailer Carrefour eyes acquisitions to rapidly expand its Indian presence. The company plans to open fifty stores within three years through its partnership. Carrefour is abandoning its large hypermarket model for smaller, more productive formats. It will also focus on competitive pricing and rebuilding its product assortment. India is also seen as a potential global sourcing base for Carrefour's operations.
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gulfnews.com
Dubai's Apparel Group joins hands with Carrefour to launch French hypermarket giant in India
Carrefour enters India with Apparel Group, launching a 50,000-sq-ft flagship hypermarket in Greater Noida and planning aggressive nationwide expansion.
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economictimes.indiatimes.com
Carrefour eyes India expansion via organic route, acquisitions
French retailer Carrefour has re-entered India through a partnership with Apparel Group. The company plans to open multiple stores across Delhi-NCR in the coming months. They will…
