CARREFOUR TO EXPAND IN ARGENTINA, BRAZIL

PARIS (FNS) -- Coming off robust growth in fiscal 1993, the Brazilian and Argentine subsidiaries of Carrefour plan to expand their operations this year.Carrefour, one of the world's largest retailers, is based here.In Brazil, where Carrefour operated 29 hypermarkets at the end of 1993, the company expects to add four new units this year. Carrefour invested about $100 million in its Brazilian operations

PARIS (FNS) -- Coming off robust growth in fiscal 1993, the Brazilian and Argentine subsidiaries of Carrefour plan to expand their operations this year.

Carrefour, one of the world's largest retailers, is based here.

In Brazil, where Carrefour operated 29 hypermarkets at the end of 1993, the company expects to add four new units this year. Carrefour invested about $100 million in its Brazilian operations last year to maintain its stores and buy land for future expansion.

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