Carrefour shares slump on profit warning

ReutersNewsPublished: August 31, 2017
Published: August 31, 2017

Shares in French supermarket chain Carrefour slumped on Thursday after it warned 2017 operating profit could fall by around 12 percent. That in part, due to cut-throat competition, which as Kate King reports, has benefited other retailers like Germany's Metro.

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