Carrefour posts 5.8% sales decline in Q2

French retailer, Carrefour, that has a 22-hypermarket chain and 29 supermarket s across Romania, said its sales fell 5.8% from the same period of last year, to €265 million.

In the first six months this year, the decline was 0.4% year-on-year to €534 million in Romania.

According to the financial report published on the website of the company recorded global revenues of €48.9 billion, which indicates a 5.9% hike.

“Amid a contracting market, we had solid sales in the first half of the year, as we managed to gain market share in France, grow in Latin America and speed up growth in Asia”, said Lars Olofsson, CEO of Carrefour, the world’s second largest retailer.

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