Considerable long-term potential

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Reference no: EM131042985

According to Thierry Garnier, member of the Carrefour Group Executive Committee, "We are confident that retail business in Russia has considerable long-term potential, and that the market is strategically important for the development of our company." In light of thei statement, what were the factors that led to Carrefour's sudden exit from the Russian retail market?

Reference no: EM131042985

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