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  • French retailer Carrefour returning to Algeria - source Thursday, 19 Mar 2015 | 7:02 AM ET

    *Carrefour expanding in Africa through franchises, JVs. PARIS, March 19- Carrefour is preparing to return to Algeria after a six-year absence, as part of a drive to tap booming consumer demand in Africa. Rising incomes and an underdeveloped retail sector have made Africa an important new growth destination for retailers and consumer goods companies, with the...

  • MONTERREY, March 18- Wal-Mart de Mexico, the country's biggest retailer, will expand more slowly this year, and instead focus on making sure new stores generate more money, Chief financial Officer Rafael Matute said on Wednesday. Walmex, which is controlled by Wal-Mart Stores Inc, opened 132 outlets last year, and expanded its total shop floor area by 3.9 percent,...

  • March 12- Dollar General Stores Inc said on Thursday it plans to accelerate new store rollouts in a bid to bolster its position among U.S. discount retailers after failing to upend a merger agreement between rivals Family Dollar and Dollar Tree. Dollar General also authorized a $1 billion share repurchase plan, and said Chief Financial Officer David Tehle will...