Surprise Me!

Lack of details on Carrefour turnaround disappoint

2012-08-30 19 Dailymotion

Carrefour's new boss is promising to slash costs and defend the troubled retailer's key markets like France, Brazil and China.

However George Plassat revealed few details of his long-awaited restructuring plan.

Asked if the group had set a goal for cost reduction over the three-year period, he said: "No, action plans are better than budgets."

...
http://www.euronews.net/