Retailers/Carrefour/News

Carrefour news

02 February 2015
French MPs have voted in favour of an amendment to the Loi Macron which limits retailers' franchise contracts to nine years. Aimed at boosting competition The amendment, which initially proposed limiting contracts to six years, is aimed at making it easier for franchisees to change their banner and boosting competition between networks as retailers seek to offer potential franchisees bette...
28 January 2015
Carrefour is driving its multichannel strategy by investing in Partech Growth, a fund that stimulates innovation and supports digital companies. Underlines focus on innovation Carrefour's investment in Partech Growth underlines its focus on innovation and on developing a better shopping experience for its customers. It is designed to facilitate the sharing of ideas, expertise and experienc...
26 January 2015
In this update, we look at developments from retailers across the region in the last quarter of 2014, including financial performance, expansion plans and management changes. Management changes see retailers strengthen for new phase of growth Daniel Rodríguez Cofré resigned as CEO of Chile's Cencosud in November. He joined FEMSA in January 2015 and is set to become the Mexican gr...
23 January 2015
Carrefour Belgium is to open its first 'hypermarket of the future'. Customer will be 'more central than ever' The exact opening date of the store is yet to be announced, however it is expected to be in the autumn. The store concept is focused around eight pillars, covering: product choice, innovative services, a digital approach, sustainability, simple and ultra-modern concept, low prices a...
22 January 2015
With retailers in France, Switzerland, Portugal, Netherlands and UK, amongst others, having reported fourth quarter results or Christmas trading updates, Jon Wright takes a look at their performance and the strategic developments spotlighted by companies across Western Europe.       ...
22 January 2015
2014 was a year of extremes in Central and Eastern Europe. While some retail markets, like Poland, were affected by deflation, Russia and Ukraine faced double-digit food inflation. The development had a massive impact on retailers’ financial results. While one of the best recent performers, Biedronka, reported negative like-for-like sales -0.8% in 2014, retailers in Russia profited from December’...
19 January 2015
Though growth has been slowing down in the Chinese market, the France-based retailer Carrefour stays positive about the ever-changing market. In November 2014, Carrefour opened its first convenience store 'easy' in Shanghai and now the Carrefour CEO Georges Plassat indicated in an interview that the group may also contemplate an IPO of its Chinese unit at some point. In 2014, Carrefour generate...
16 January 2015
Both Casino and Carrefour have reported results this week for the fourth quarter of 2014. How did they compare in Latin America? Casino: Brazil helps drive growth in Q4 Casino's international division enjoyed total sales growth of 3.5%. While the retailer's Cnova subsidiary (which includes European and Asian markets) generated the strongest growth, at 19% in total and 22.2% in organic terms...
16 January 2015
France-based Carrefour has announced fourth quarter results saying total sales under banners, including petrol, saw sales rise by 3.9% at constant exchange rates to €27.0 billion. The retailer saw positive organic growth in both France, where organic growth excluding petrol and calendar effects rose 1.0%, and in its international markets, where organic growth rose by 6.6%. France: growth again...
06 January 2015
As Waitrose announces it is set to add a new store in Dubai, Casino sets out expansion plans for the Middle East and North Africa region and the franchisee for its Monoprix banner in Tunisia announces changes, Carrefour and Al Meera state expansion plans, we round up news from the region. Casino set to invest in the Middle East and North Africa France-based Casino has said that it is invest...