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Carrefour news

10 April 2015
France-based Carrefour has announced first quarter results saying that consolidated sales rose by 6.2% in total and by 3.2% on an organic basis (excluding petrol and calendar effects) to €21.0 billion. The retailer’s strong performance in France, where it enjoyed organic growth of 2.6%, drove total results, but Carrefour saw positive results across most operations, bar China. Sustained perform...
30 March 2015
Carrefour’s Morocco-based franchisee, Label’Vie, has announced full year results for 2014 saying that turnover rose by 9.3% to MAD6.3 billion (US$743.1 million), with its performance driven by continued store expansion. Expansion drives sales… Label’Vie opened eight new stores during 2014, adding 18,200 sq. m of new selling space, which helped to underpin total sales growth. The retailer’s ne...
30 March 2015
UAE-based Majid Al Futtaim’s chief executive, Alain Bejjani, has announced, as part of a briefing to journalists, that it is expecting to drive a 100% growth in revenues over the next five years, driven by expansion in new and existing countries. Market entries expected for Africa and CIS countries Bejjani said that Majid Al Futtaim (MAF) would be using the Carrefour brand to enter Azerbaijan...
30 March 2015
Carrefour is testing a new convenience banner in France. Bon app! is located in central Paris and is likely to be followed shortly by another outlet in a railway station. Store's focus is food-to-go Bon app! is a 100 sq. m store dedicated to snacking and food-to-go. Its range comprises sandwiches, salads and sushi, as well as drinks, frozen food and freshly baked bread. It also carries priv...
25 March 2015
As Carrefour invests in a new digital solution in Belgium, we bring you recent developments, including improvements to e-commerce in Romania, and new executives to target growth in Brazil, underlining the retailer’s continued emphasis on embedding its global strategy to focus on fast growing markets and channels. Driving loyalty in Belgium with Connected Kitchen Carrefour Belgium has launch...
20 March 2015
In recent news from Turkey, Carrefour has made its second acquisition of 2015 with the purchase of 1e1; while Ankara-based Begendik has revealed it has profited from the acquisition of Real, alongside its 2020 growth ambitions. Carrefour Turkey makes second acquisition of 2015 The retailer has acquired 1e1, a 29 store supermarket chain based in Antalya, Turkey’s eighth largest city, in a trans...
06 March 2015
Carrefour China has announced plans to build three more distribution centres (DCs), open 15 new hypermarkets, expand its convenience store presence and grow its e-commerce activities so as to regain its growth momentum after its 2014 results saw it describe it as operating in a ' frugal consumption environment '. Expansion in hypermarkets and convenience Carrefour is expected to open 15 n...
05 March 2015
At today's presentation for the 2014 full year results, Carrefour said its action plans were bearing fruit as it confirmed an acceleration in its organic sales growth for the year, up 3.9%. Recurring operating income increased by 7% in Europe and 14.9% in emerging markets. 2014 results confirm growth momentum Carrefour began by giving an update on Georges Plassat's health; the CEO will be b...
17 February 2015
We've launched a new, free, Latin America-focused bulletin. Designed for retailers and suppliers already trading in the region, as well as those keeping a watching brief, it will keep you updated on top retail and FMCG news from Latin America and the latest insight presentations that have been added to Retail Analysis.   If you would like to be added to the mailing list, or you have a...
04 February 2015
Zabka and Carrefour will keep investing in the fast growing convenience channel in Poland. Zabka with ambitious plans Zabka has revealed ambitious plans to open 800 new stores in Poland in 2015. In total, Zabka’s owner investment fund Mid Europa plans to invest up to PLN2 bn (EUR488 m) in its expansion. The retailer is also in discussions to acquire six retail chains in the country. Zab...