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Wal-Mart May Be Interested in Carrefour Stores, Independent Says

Wal-Mart Stores Inc., the world’s largest retailer, may be interested in Carrefour SA stores should the French retailer decide it needs to sell outlets, the Independent on Sunday said, citing a person close to Wal-Mart.

Steuart Walton, a grandson of Wal-Mart founder Sam Walton, is leading a European expansion drive and is keeping tabs on the difficulties faced by Carrefour, which is said to be close to hiring a successor to Chief Executive Officer Lars Olofsson, the newspaper reported, without saying where it got the information.

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