Carrefour's 'Dose of Realism'

BY CHRISTINA PASSARIELLO AND GÉRALDINE AMIEL PARIS—French supermarket giant Carrefour SA, suffering from slumping results at home in Europe, Wednesday lowered its full-year profit forecast as it pledged €900 million (1.3 <a href="http://www.cheapcigarettesonlineoutlet.com/"><strong>cigarettes for sale</strong></a> billion) to ramp up investments in emerging markets. Carrefour sank to a net loss in the first half of the year after six months of zigzagging on its strategy—from <a href="http://www.cheapcigarettesonlineoutlet.com/newport-c-78"><strong>Newport outlet</strong></a> its pricing in France to a failed merger proposal of its Brazil business and canceled plans to spin off its property-development unit. "Our first-half performance was disappointing," Chief Executive Lars Olofsson said. <a href="http://www.cheapcigarettesonlineoutlet.com/"><strong>cheap cigarettes outlet</strong></a> "Some of our difficulties are our own fault." The group, the world's second-largest retailer ...