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From The MNB Archives
Wednesday, June 20, 2012
New Carrefour CEO Lays Out Three-Year Plan
The Wall Street Journal reports that in the wake of his decision to pull the company out of Greece because of that nation's troubled economy and uncertain future, Carrefour's new CEO, George Plassat, says that he believes that it will take him three years to turn around the world's second largest retailer.
Maybe this speaks well of Walmart's efforts to acquire Bolivia and Columbia operations from Carrefour.