Carrefour, Europe’s biggest food retailer, criticised suppliers as not cooperating in price renegotiations on Wednesday, even as the company said it sees inflationary prices easing and is looking to the second half of the year with confidence.
Read the full article on the Reuters website
NAM Implications:
- Key standouts are Carrefour’s & Auchan’s loss of market share to Lidl.
- And Carrefour’s share buyback of 6%.
- While growing own-Label.
- Time for suppliers to resist pressure to fill the gaps?
