Carrefour Delays Restructuring Plans Until 23 January 2018

Source: Groupe Carrefour, Tuesday, Nov 14, 2017

Carrefour has announced that it will delay an expected unveiling of its transformation strategy until 23 January. This gives new CEO Alexandre Bompard more time to finesse his plans to overhaul the business and better position it for forward growth. However, with a raft of store closures widely expected, some observers have suggested Carrefour is keen not to antagonise unions ahead of the important Christmas season.