By  on October 16, 2009

PARIS — Carrefour, the world’s second-largest retailer behind Wal-Mart Stores Inc., reported a third consecutive drop in quarterly sales and said it’s pulling out of the Russian market after less than a year.

In the third quarter to Sept. 30, sales declined 2.9 percent to 24 billion euros, or $34.32 billion at average exchange rates for the period, as a strong business in Latin America helped offset difficult markets in Western Europe.

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