Europe’s Grocers Feel Amazon’s Heat - News Summed Up

Europe’s Grocers Feel Amazon’s Heat


PARIS—Amazon.com Inc.’s Whole Foods deal is adding urgency to European grocers’ push to shift from bricks to clicks. Carrefour SA, Europe’s largest publicly listed grocer by sales, reported disappointing first-half results and warned it would fall short of sales forecasts, sending its shares down 13% on Thursday. The French company’s struggles reflect a broader scramble to cope with fast-changing consumer tastes and shopping habits....


Source: Wall Street Journal August 31, 2017 16:48 UTC



Loading...
Loading...
  

Loading...