CARREFOUR to return to Russia?

13 May 2015 (Updated: 11:30 GMT)
Carrefour's franchisee in the Middle East and Africa, Majid Al Futtaim (MAF), continues to expand with new market entries. It made landfall in Armenia recently and is scheduled to enter Kenya in a few months. The latest target for the retailer could well be Russia, only a few years after Carrefour's failure and subsequent withdrawal from the market.  "We have offices in 13 countries and are now willing to set up business in Russia...