Carrefour vs. Wal-mart: The Battle for Global Retail Dominance

Carrefour SA (Euronext: CA) (pronounced [karˈfur]) is a French international hypermarket chain, with a global network of outlets. It is the second largest retail group in the world in terms of revenue after Wal-Mart. Carrefour operates mainly in Europe, Brazil, Argentina, Dominican Republic and Colombia, but also has shops in North Africa and Asia. Carrefour means "junction" in French. Having Wal-Mart began to expansion in Europe by purchase of Asda, Carrefour began to treat the Wal-Mart moves as a threat to its business dominance not only in Europe but also in the world retailing market. This articles take a look on the business of hypermarket retailing, its history of growing importance and the competitive scenario in the growing competition between the giant retailers in the market.

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