French retailer Carrefour hopes to see revenue from its Malaysian hypermarkets increase by a fifth next year, similar to last year’s performance.

The anticipated improvement in the economy and opening of additional outlets will help spur growth, its chief executive officer Guillaume de Colonges said.

“In the first half, Carrefour had some difficulties. But, in the past few weeks since Ramadhan, we have been experiencing some improvement in our business,” de Colonges said in an interview with Business Times. Continue Reading…