11/24/2008

Turkish retailer Carrefoursa plans further expansion

Hurriyet Daily News - Turkish supermarket chain Carrefoursa said it planned to open new stores next year despite an expected economic slowdown. Carrefoursa, a joint venture between Turkey's Sabanci Holding and French giant Carrefour, said it had invested more than TRY 100 million ($60 million) in 2008 and opened 38 stores planning to maintain this growth for next year.

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