Carrefour Sees Glimmer of Turnaround

The company revealed it had narrowed the first-half net loss compared with a year earlier and detailed elements of its turnaround plan, including 600 job cuts.

By Joelle Diderich

financial/news

PARIS — Could Carrefour finally be turning a corner?

The French retailer’s shares closed up 6.7 percent at 16.81 euros, or $21.14, on the Paris Bourse on Thursday...

Carrefour Sees Glimmer of Turnaround

The company revealed it had narrowed the first-half net loss compared with a year earlier and detailed elements of its turnaround plan, including 600 job cuts.

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