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A spokesperson for Lindt & Sprüngli, another brand identified by Carrefour for shrinking its products, said its prices had gone up on average by about 9.3% in line with rising raw material costs.
Source: https://www.bbc.co.uk/news/business-66809188?at_medium=RSS&at_campaign=KARANGA
Carrefour has a strong presence in Brazil with 817 stores, including 241 per markets and 41 supermarkets, offering both grocery and now grocery products.
In addition to Shopify, chatbots have come out over the past 12 months from Instacart, a delivery company; Mercari, a resale platform; Carrefour, a retailer; and Kering, which owns Gucci and Balenciaga.
Separately, BNP Paribas downgraded shares of Carrefour from a “neutral” rating to an “underperform” rating in a research report on Tuesday, February 7th.
Source: https://www.etfdailynews.com/2023/05/12/carrefour-sa-otcmktscrrfy-short-interest-up-730-4-in-april/