Carrefour news

23 January 2013
Following the recent flurry of results from international retailers, we summarise the performances of Carrefour, Tesco, Walmart, Metro and Auchan in the Chinese market. Carrefour - new store openings fuelling growth In the fourth quarter, Carrefour saw sales in China  grow at 0.7% (at constant exchange rate). The addition of new stores offsets negative like-for-like sales of -3.1%. How...
22 January 2013
According to reports in French trade press publication Lineaires, Carrefour has opened a hybrid hypermarket/cash and carry format in Spain with discount prices. Trading under the Supeco banner, the format takes learning from the successful Atacadao format in Brazil. Discrete trial in price conscious market According to reports Carrefour has been testing a family focused cash and carry / hype...
22 January 2013
Carrefour’s franchisee for the Middle East, North Africa and Central Asia, Majid Al Futtaim, has announced that sales through its Retail division rose by 8% during 2012. Sales aided by growth in store numbers During 2012 Majid opened seven hypermarkets and seven supermarkets, bringing its total store base to 90. The new stores helped drive sales growth by 8% to AED17.8 billion. In the compa...
17 January 2013
Carrrefour has reported an improved sales performance for the final three months of 2012, especially in France and emerging markets. Total sales reached €22,853m, up 0.8%, with LFL ex fuel up 0.4%. For the full year 2012 sales were up 1% to €86,558m. For a full breakdown of Q4 and FY sales performance, click here . France sees further improvement at hypermarkets Sales in France were up ...
16 January 2013
Aeon plans to complete the rebrand of 26 hypermarkets by April. The action follows Aeon's acquisition of Carrefour's Malaysian operations last October. Aeon's RMB 100m investment Malaysian newspapers report that Aeon has allocated RMB 50m to rebrand the stores under the Aeon Big banner. Two stores have already been rebranded, with the rest to follow in the coming months. A second phase...