Carrefour to Close its Five Stores in India

French retail giant Carrefour is shutting down its five cash and carry stores in India by end of September. The retailer has been operating in India since 2010. In a statement today, the company announced its "intention to close its five cash and carry stores in India". "The closure of Carrefour's business in India will be effective at the end of September 2014. "Until that time, the company will continue to be fully en...