By  on April 15, 2014

PARIS — Carrefour SA, the world’s second-largest retailer after Wal-Mart Stores Inc., is well on the road to recovery and will step up its rejuvenation drive in 2014. Such was the promise of Georges Plassat, chairman and chief executive officer of the French retail group, which held its annual shareholders meeting here Tuesday.

“We have reached the end of the most difficult period,” said Plassat, adding that the company was “halfway through” the three-year recovery plan it initiated in 2012, when he came onboard.

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