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Carrefour Retail Hypermarket To Open Doors In Armenia In Fall

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  • Carrefour Retail Hypermarket To Open Doors In Armenia In Fall

    CARREFOUR RETAIL HYPERMARKET TO OPEN DOORS IN ARMENIA IN FALL

    CISTran Finance
    July 15 2014

    July 15, 2014 6:30 AM
    By Ryan Barnett

    Armenia's first Carrefour retail hypermarket is expected to open this
    autumn, according to French Ambassador to Armenia Henri Reynaud.

    Reynaud, speaking at a press conference last week, said he recently
    met with French entrepreneurs interested in doing business in Armenia.

    A preliminary agreement was signed in May between Yerevan Mall and
    Carrefour, with Armenian President Serzh Sargsyan and French President
    Francois Hollande present for the signing, ARKA reports.

    The Armenian Carrefour hypermarket in the Yerevan Mall territory
    will total more than 710,000 square feet of space built to Carrefour
    standards.

    The French retail trade company Carrefour, operated by Carrefour SA,
    is the world's second largest chain of hypermarket after Wal-Mart,
    according to ARKA.

    http://cistranfinance.com/news/carrefour-retail-hypermarket-to-open-doors-in-armenia-in-fall/3875/

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