Carrefour news

06 September 2021
As Carrefour and Cajoo confirm their partnership in France and Carrefour expands its quick commerce solutions in Belgium and Romania, we look at the retailer’s developments in the channel. Carrefour participates in recent Cajoo fundraising Cajoo has raised a further US$40m from investors, a list that included Carrefour alongside several France-based private equity companies. The investment ...
12 August 2021
The French multinational retailer is planning to sell its Taiwan business, which is valued at US$1.9 bn. It might consider selling its operations in Poland, Italy, and Argentina as well. The sale is to kick off after the summer According to a report from Reuters, Carrefour has hired Morgan Stanley to run the sale, which is to commence after the summer. Carrefour has approached several poten...
29 July 2021
As Carrefour France acquires a minority stake in quick commerce operator Cajoo, its operations in Poland looks to reduce plastic use and it appoints a new chief executive in Brazil, we round up five developments from the retailer. Carrefour acquires stake in quick commerce company in France In its Q2 results statement Carrefour announced its acquisition of a minority stake in quick comm...
29 July 2021
Carrefour has announced Q2 and H1 results showing continued strength in several markets, especially France. At a group level, Q2 showed a sequential slowdown on Q1’s performance but was against a high comparable base in 2020. In H1 the retailer said like-for-like sales rose 3.9% to €38.3 bn. H1 highlights In the first half of its 2021 financial year, Carrefour noted several positive develop...
20 July 2021
Carrefour has, to coincide with the first activity report from France’s National Pact on Plastic Packaging, reaffirmed its commitment to limiting the application of single-use plastic, among other initiatives. Carrefour has set itself ambitious targets for 2025 By 2025, Carrefour has targeted: Cutting single-use plastic packaging by 20,000 tonnes Having recycled material account fo...
19 July 2021
As Carrefour implements a big data platform across several countries, Carrefour Belgium is working with Google Cloud and, in its home market, it is rolling out parcel collection lockers, we round up news from the retailer. Carrefour implements big data platform, Eagle Carrefour has announced it has implemented Eagle, which it describes as being ‘ a new big data platform that can consolidate...
12 July 2021
In an interview in local trade publication LSA, Carrefour France’s managing director, Rami Baitiéh, has discussed the steps and initiatives it has put in place to drive growth in the retailer’s home market. Shopper feedback key in initial phases Baitiéh said on his arrival he was able to review shopper feedback on the retailer and its stores. The insight showed shoppers liked the brand and ...
02 July 2021
Given its size and population, Brazil has comparatively few convenience stores. There are a handful of forecourt convenience operators, like ampm which operates over 2,000 stores, but leading grocery convenience store players (GPA and Carrefour) have less than 400 stores combined. OXXO, the region’s largest convenience retailer, opened its first store in Brazil in December 2020 and set out amb...
22 June 2021
As it looks to support shoppers’ aim to consume products more sustainably, Carrefour in France and Belgium is rolling out several solutions and initiatives in the countries. Carrefour adds Eco-score labelling on its web site in France Local trade publication LSA has revealed that Carrefour is trialling the eco-score on its ecommerce platform Carrefour.fr. The trial, which sees a rating assi...
16 June 2021
Carrefour, as part of its 2022 Transformation Plan, said it would invest €2.8 bn over five years in its digital operations to put technology and data at the heart of its strategy. We look at three initiatives from the retailer, one at the Group level and the others in Brazil and Spain, underlining its commitment to this part of its strategy. Carrefour launches new data and retail media strateg...