Mideast venture partner to buy out Carrefour's interest

05/22/2013 | Wall Street Journal, The

France-based retailer Carrefour will sell its 25% interest in its Middle Eastern joint venture to partner Majid Al Futtaim Holding for $686 million, in a move aimed at freeing up cash for expansion in key markets including Europe, China and Brazil. The partnership was launched in 1995 and operates 50 hypermarkets and 44 supermarkets in the Middle East, North Africa and Central Asia.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Senior Director, Learning and Workforce Development
National Retail Federation
Washington, Dist. Columbia
DIRECTOR OF FINANCE
Ralph Lauren
New York, New York
Senior Manager Brand Marketing Email and Web
Crate and Barrel
Northbrook, Illinois
Vice President of Marketing
Blair
Warren, Pennsylvania
Manager, Financial Accounting
Disney
Pasadena, California