Locked shopping carts stand in a customer collection bay outside a Carrefour SA supermarket in the Rosny-sous-bois district of Paris, France, on Friday, Jan. 19, 2018. Carrefour's sales bounced back over the holiday shopping season, giving Chief Executive Officer Alexandre Bompard a boost as he prepares his turnaround strategy. Photographer: Marlene Awaad/ Bloomberg
PARIS: Carrefour's new chief executive pledged to slash costs, step up investment in e-commerce in the face of competition from Amazon and open up the capital of Carrefour China to local investors, as part of a plan to boost growth at the world's second-largest retailer.
Alexandre Bompard, at the helm since July, faces the challenge of improving Carrefour's core French business, where it has been losing market share to unlisted rival Leclerc.
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