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Carrefour news

24 March 2021
In June 2018, private equity firm Advent International acquired an 81% stake in Walmart’s Brazil business for US$4.5 bn, with Walmart retaining a 19% stake. The retailer was renamed Grupo BIG. Carrefour Brazil has now reached an agreement to acquire Grupo BIG from Advent International and Walmart. The proposed acquisition would cement Carrefour’s leadership position in the market. The trans...
24 March 2021
As Carrefour expands coverage for its online store and digitalises its catalogue for YouTube in France and rewards shoppers’ good deeds in Romania, we round up news from the retailer. Carrefour adding online collection capacity Carrefour has committed to offering a Drive, Pedestrian Drive, or delivery service, both next day and withing the hour options, from 2,000 of its nearly 5,000 stores...
16 March 2021
As Carrefour receives approval for its takeover of Supersol in Spain and cuts prices on everyday staple products, amongst other developments, we round up news from the retailer. Carrefour completes acquisition in Spain… Carrefour’s acquisition of the Supersol chain has been approved by the local competition authority, Defensa de la Competencia, which will enable it to complete its €78m purc...
08 March 2021
As Carrefour in Belgium and Poland enhances its online offer and makes a new appointment in Romania, we round up news from the retailer. Carrefour Belgium to collaborate with Deliveroo… In Belgium, Carrefour is to work with Deliveroo to enable shoppers to get delivery of groceries to their homes in less than 30 minutes. The companies have said the service will be rolled out initially in Bru...
18 February 2021
Announcing its full year results, Carrefour has reported like-for-like sales growth of 7.8%, as sales, including VAT, reached €78.6 bn. The retailer also saw an improvement in its recurring operating margin, which increased to 3.1%, from 2.9%, with its recurring operating income rising by 16.4% to €2.1 bn. France: Carrefour enjoys strongest growth in almost 20 years In its home market Carre...
12 February 2021
As Carrefour continues to evolve and develop its operations in France and at a Group level, we look at its latest appointments, opening of bargain corners in its hypermarkets in France and the updating of the Bio c’Bon concept following its purchase in Q4 2020. Management changes at Carrefour Carrefour has appointed Elodie Perthuisot as its head of online operations. Perthuisot will replace...
25 January 2021
In collaboration with Yushan Bank, Carrefour opened an unmanned store called iCarrefour in January. Store trial started in May 2020 The retailer has been testing the unmanned store concept inside its HQ building since May 2020. With a sales area of nine sq m, the unmanned store is “mini” in size and carries around 600 SKUs, designed to fulfil the shopping missions of office workers inside t...
18 January 2021
Having entered in preliminary discussions around a potential transaction, these have now ended, with Carrefour and Couche-Tard switching their focus to explore opportunities for operational partnerships. Opposition to any deal The discussions had been initiated by Couche-Tard’s “friendly approach” to Carrefour with the objective of acquiring the France-based retailer. However, these d...
14 January 2021
Canada's Couche-Tard, which operates the Circle K chain of convenience stores globally, has submitted a non-binding offer letter to Carrefour for a "friendly combination" at a price of EURO 20 per share, in a US$20bn deal. The terms of the transaction are under discussion, but there can be no certainty at this stage that these discussions will result in any agreement or transaction. Retail’s d...
11 January 2021
Following on from the appointment of Yoann Alarçon as director of traditional fresh products at Carrefour France, local trade publication Lineaires has reported one of Alarçon’s first decisions has been to stop the retailer selling strawberries in January. Alarçon appointed as director of traditional fresh products at Carrefour France Carrefour France appointed Yoann Alarçon, who was the fo...