Carrefour sales affected by yellow jackets in France



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Carrefour, Europe's largest retailer, said Tuesday (22) that sales growth had slowed in the fourth quarter, under pressure from 10 weeks of yellow protest against the French government.

Other parts of Europe, Spain and Italy remained difficult markets for the group Carrefour subject to competitive pressures and difficult economic situation.

The group reported that its fourth-quarter turnover rose to 22.6% from .

Despite the negative results on the European continent, here in Brazil the results continued to improve.

In France alone, sales in the group's hypermarkets decreased by 2.2% during the period.

The Brazilian subsidiary of the group announced yesterday that sales in Brazil in the fourth quarter totaled 15.8 billion of real growth, of 10.2% of growth, the first double-digit increase since the last quarter of 2016, reports the agency "Reuters".

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