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Carrefour news

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...
17 June 2022
Carrefour operates over 13,000 stores in nine different markets. The Carrefour group continues to expand its operations and partners to provide quick commerce and food delivery services. Carrefour Brazil revealed it completed the acquisition of Grupo Big in Brazil. Meanwhile, Europe’s leading q-commerce Flink SE purchased Cajoo, who partners with Carrefour to supply its private label and other ex...
01 June 2022
The region of Madrid is Spain’s most affluent, boasting per capita income of €32,000, over 35% higher than the national figure of €23,700 (in 2020). The thriving Madrid economy has created an attractive market, which continues to draw investment from nearly all the country’s largest grocers. Retailers continue to perceive the region as a key market in which to showcase their advances, in terms of...
16 May 2022
Traditionally, a large percentage of Spanish shoppers used to get their fresh food in traditional stores and markets, buying their dry groceries in supermarkets. However, in recent years retailers have improved their fresh offer, progressively gaining share from the traditional sector. Therefore, while over 30% of fresh food is still sold through the traditional sector, this figure is steadily...
26 April 2022
Dada’s autonomous delivery open platform helps offline stores improve efficiency and reduce costs of delivery at the 415 Intra-City Shopping Festival in China. A smart delivery solution empowers quick commerce Dada Group, a leading platform for local on-demand retail and delivery in China, partnered with JD.com, China's leading one-stop ecommerce platform, to organize the 415 Intra-City S...
21 April 2022
Carrefour reports its first quarter sales rose 9.0% to €20,239m with like-for-like (LFL) sales up by 3.4%, we look at three key takeaways from the results announcement. 1. Carrefour continues to gain market share in France, Spain and Brazil Carrefour announced it increased its sales across France, Europe and Latin America. We highlight the three countries where the retailer is gaining market ...