business, features, finance, money, news November 25th, 2011
Is there a grocer Carrefour to save? Faced with increasing difficulties of the second global retailer and the fall of its shares, its main shareholders, Colony Capital and Groupe Arnault, have resolved to part with its CEO Lars Olofsson. Recruited there just three years after Nestlé spent his entire career with the leading supplier of Carrefour, it has accumulated too many failures and disappointments to stay calmly in place. To replace it, the main shareholders, who refused Thursday to comment on our information, seek medical advice Francophile supermarkets.
No firm is appointed headhunters, and the board of Carrefour has left Lars Olofsson to the end of the year to prove itself.With a slogan to ensure that the group takes its objectives, several times revised downward, to carry on a 2011 operating profit down 20% from last year … For administrators, it is out of the question to make a new Carrefour profit warning and even less to allow the CEO to change again its executive committee. Furthermore, it is planned to start of the year stock of stores converted to the concept Planet, presented by Lars Olofsson as the solution for "re-enchant" the Carrefour hypermarkets. The decision will be made whether to continue the deployment of Planet.
Courted for months
In fact, without prejudice to all these results, the process of identifying the ideal candidate is already done. The best profile in the opinion of all experts (and only for the worst) is that of Georges Plassat.
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