Carrefour news

09 November 2022
The Carrefour group shared its new strategic plan to 2026, which reflected on its achievements and showcases its new evolving strategic plan. The group plans to build a stronger and more competitive model which creates more value. Carrefour has set several objectives to gain market share, reduce food waste, increase its commitment to climate change and enhance its private label range. Taking a...
27 October 2022
Carrefour reports a strong performance in a challenging environment, especially as inflation accelerated across all European markets. The retailer confirms its sales in Q3 2022 reached €23,504m an increase of 19%, with like-for-like (LFL) sales growing by 11.3%, compared to Q3 2021. Source: Carrefour Alexandre Bompard, Carrefour’s Chairman and CEO addresses Q3’s outcomes ‘In an en...
12 October 2022
Carrefour continues to innovate across Europe. In Italy it has launched its first remodelled hypermarket, to help drive growth in the channel, while it has also increased its commitment to reducing food waste, as Carrefour Belgium and Carrefour Poland aim to tackle the issue. Carrefour Italia reveals its first remodelled hypermarket Carrefour Italia has opened its first updated hypermarket,...
05 October 2022
Through its partnership with quick commerce specialist Cornershop by Uber, Carrefour has added a new 15-minute delivery service in the city of São Paulo. Early stages of roll out The new service, called Carrefour Já, is selectable in the existing Cornershop by Uber app, but only in areas where the service is currently available. It was initially piloted in two stores back in July and expand...
30 August 2022
As inflation continues to rise across Europe, Carrefour has implemented methods to help protect shoppers purchasing power in France, as well as supporting organic farming. The retailer also continues to expand its format offer in Poland, opening its first franchised hypermarket. Furthermore, Carrefour Italia’s expansion has reached 1,500 stores across 19 regions.   France: Carrefour fights infl...
28 July 2022
Carrefour reports a strong performance in a challenging environment and confirms its consolidated net sales in the first half of 2022 rose 13.2% to €39,054m with like-for-like (LFL) sales up by 5.4% compared to H1 2021. Source: Carrefour Carrefour France: positive Q2 sales performance The group revealed its consolidated Q2 sales increased by 17.2% to €23,078 and LFL sales increased by ...
22 July 2022
Last month (June 2022), Carrefour, Brazil’s leading grocery retailer, completed its acquisition of the countries’ third largest (Grupo BIG). This cemented Carrefour’s place as Brazil’s market leading grocer, with a market share close to 25%. Following my recent article ‘Carrefour consolidates its leadership in Brazil’ , I now explore some of the challenges and opportunities the acquisition ...
21 July 2022
Carrefour announced in Paris its trialling a new initiative to reduce food waste, while also tackling inflation. Meanwhile, in Spain Carrefour-owned Supeco celebrates the launch of it 50 th store opening in the market. We also visited Carrefour Montesson, to explore how it applies refill stations throughout different product categories. Carrefour’s approach to tackling inflation and food wast...
21 July 2022
Carrefour announced it signed an agreement to sell its 60% equity interest in Carrefour Taiwan, valued at €2 bn, to its long-term partner and co-shareholder Uni-President. However, Carrefour claims the Carrefour brand will still be present in Taiwan for the coming years and will be part of the wider network of Carrefour brand licenses in over 40 countries. Carrefour Taiwan’s network and sales ...
30 June 2022
In March 2021, Carrefour Brazil reached an agreement to acquire Grupo BIG from Advent International and Walmart, subject to approval from Brazil’s antitrust watchdog CADE (The Administrative Council for Economic Defense). This was approved on 25 May 2022, subject to Carrefour disposing of 14 stores in anti-competitive locations. Earlier this month (7 June) the acquisition was finalised. It...