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Carrefour may exit India

Plans are also underway to close operations in several Asian countries, too.

Tags: retail, retailer, news, Carrefour

May 03, 2014  |  comments ( 0 )  | 
Carrefour may exit India

French wholesale retailer Carrefour has initiated exit plans after talks to sell its five wholesale stores to Sunil Mittal-controlled Bharti Group failed, media reports highlight.

This French retailer has five stores in India including Delhi, Jaipur, Bangalore, Meerut and Agra, and according to sources, there have been senior-level exits from Carrefour India. Carrefour declined to comment.

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