CARREFOUR REPORTS HARD RESULTS

PARIS (FNS) -- The "hard-discount" store format is playing an increasingly important role for Carrefour, the leading French retailer.Carrefour reported strong sales growth for its hard-discount operations in 1993 while its hypermarkets, the company's core business, felt the pressure of a weak French economy.Executives of Carrefour told shareholders at the company's annual meeting here last month that

PARIS (FNS) -- The "hard-discount" store format is playing an increasingly important role for Carrefour, the leading French retailer.

Carrefour reported strong sales growth for its hard-discount operations in 1993 while its hypermarkets, the company's core business, felt the pressure of a weak French economy.

Executives of Carrefour told shareholders at the company's annual meeting here last month that sales at its hard-discount stores rose 31.9% in 1993 to about $897 million

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