Carrefour news

14 January 2014
We round up the latest news from Carrefour, including the launch of an organic private label website in France, franchise developments in Romania, and a loyalty scheme in Italy. Organics website shows breadth of range The website, www.carrefour-bio.fr , is dedicated to Carrefour's organic private label ranges. Designed to educate and inform, it does not directly sell the products, rather...
09 January 2014
Guillaune de Colonges has replaced Jean Anthoine as President of Carrefour Poland. Appointment comes amidst new initiatives and acquisitions This follows a period of challenging trading in Poland, amidst strong growth in the discount channel and in smaller formats, channels in which Carrefour only has a limited presence. Carrefour is however committed to building its Polish presence and will ...
07 January 2014
In France, Carrefour has acquired seven stores from Système U Sud, while in  Poland it is extending its forecourt cooperation with oil company Lukoil,  according to reports. Strengthens franchise business in France The 15 stores have left the Dujean Holding Group, one of Système U Sud's franchisees. They comprise a 7,000 sq m hypermarket in Sérignan and six Super U supermarkets, ranging fr...
02 January 2014
Carrefour’s UAE-based franchisee, Majid Al Futtaim (MAF), has announced a series of initiatives in recent weeks. We summarise the company’s developments in Jordan, Morocco and Oman. MAF to invest in Oman The company has announced plans to invest US$467 million in the building of a new shopping centre in Oman’s capital city Muscat. The centre will be anchored by a Carrefour hypermarket and i...
29 December 2013
To stimulate your thinking for 2014, six of our analysts have selected their favourite large stores of the past year. Tesco Extra (Watford, UK): creating a new future for hypermarkets? Nick Miles, Senior Business Analyst Tesco’s relaunched hypermarket in Watford was a ‘retail event of 2013’, seeing the retailer open the first of its new look ‘destination Extra’ stores and to create more...
23 December 2013
Carrefour Poland has announced the acquisition of the RAST chain of supermarkets. Strengthens position in Poland This is only a small acquisition, of ten stores, based in Olsztyn, northeastern Poland. Earlier this year the president of Carrefour Poland, Jean Anthoine, said the retailer would be actively targeting the acquisition of franchises to expand. According to reports, it plans to ...
19 December 2013
Tesco seeks approval to enter multi-brand retailing, Walmart makes a key senior management appointment and the latest cash and carry developments. Tesco applies to develop a multi-brand retail business In a statement, Tesco Asia's CEO Trevor Masters announced plans to develop its business in the Indian market through the application to extend into multi-brand retailing.  If this applicati...
18 December 2013
Discussing the company’s short term strategy, the chief executive, Iyad Malas, of Carrefour’s franchisee in the Middle East, Majid Al Futtaim, said that the company was aiming to continue its recent pace of expansion. Aim is ‘to double sales’ Over the next five years Malas said that Majid Al Futtaim, which includes a property arm, was looking to double its sales by investing US$5 billion in n...
16 December 2013
In the last of this year's regular updates on the world's top retailers, we look at the main developments at Carrefour, Tesco, Metro and Walmart. We see how they have fared recently, and look at what might lie ahead in 2014. Carrefour: 'a good anniversary year' Carrefour's executive director for France , Noel Prioux, said investments in people and in renovating stores have improved ...
09 December 2013
Speaking to the trade press, Carrefour France's executive director Noel Prioux has said that investments in people and in renovating stores have driven improved performance in recent months. 'October and November are good' Mr Prioux said more than half the hypermarket estate has been revamped in 2013, with the remainder to be completed next year. Investments have also been made in aroun...