Carrefour news

06 January 2021
On 31 December 2020, Carrefour closed the acquisition , from  Dairy Farm , of 224 supermarkets, as well as a warehouse, in Taiwan. Part of Carrefour’s targeted acquisitions policy Valued at US$108.37m, the deal includes 224 proximity stores: 199 Wellcome stores, average sales area of 420 sq. m 25 Jasons stores, average sales area of 820 sq. m as well as a warehouse. ...
04 January 2021
As 2021 begins, we can reflect that 2020 didn’t play out as we might have expected. The Coronavirus (COVID-19) pandemic has led companies to reflect on their priorities and focus on shorter time scales. In this article, we consider five key themes we expect to shape retailers’ strategy in 2021 and share videos of this in practice. 1. Drive for value Delivering value has been a defining tr...
14 December 2020
In an interview with France-based trade publication LSA, Carrefour France’s chief executive, Rami Baitieh, has discussed the retailer’s TOP project, which aims to reorganise in-store operations. However, the plan has had to be paused, due to a Court order, resulting from a case brought by the CGT trade union. TOP aimed to improve stores’ economic performance… Baitieh launched TOP (an acrony...
03 December 2020
As Carrefour launches live shopping sessions and its Supeco banner adds an online store, we round up news from the retailer. Carrefour launches live shopping sessions To market its toy range, Carrefour is to partner with Redpill & and its subsidiary Quidol to launch a live shopping campaign. The companies have said there are three live shopping events, which will be compered by presenters w...
20 November 2020
Carrefour has launched a new initiative to support local producers in France, as part of its ‘Zero kilometer’ commitment. Agreement to focus on ‘ultra-local alliances’ Carrefour is aiming to support local producers and meet shoppers’ growing demand for goods produced as close as possible to their homes. The ‘zero kilometer’ commitment will see the retailer form ultra-local alliances by enab...
13 November 2020
Against a challenging economic backdrop, accelerating food inflation and an increasingly competitive market, retailers in Belgium are raising the visibility of their price-focused investments for shoppers. We look at recent initiatives from Carrefour and Colruyt in the country. Carrefour freezes prices on 20,000 products The retailer said it was reacting to the second lockdown in Belgium an...
10 November 2020
As Carrefour sells a stake in its Market Pay payments platform and acquires the Bio c’Bon organic specialist chain in France, we look at how the retailer is focusing on its core to drive long term growth. Carrefour acquires organic specialist as it expands in fast growing category After a protracted sales process, Carrefour has acquired the Bio c’Bon organic specialist chain for €60m. Bio c...
04 November 2020
Following on from its strong Q3 results announcement , we look at five initiatives from the retailer’s operations in Europe as it looks to build on its strong foundations and continue its recent sales momentum. Carrefour adds health-focused personalisation tool online in France… After announcing plans to launch the service in July , Carrefour has launched its personalisation service i...
28 October 2020
Carrefour reported total sales rose 5.5%, at constant exchange rates, to €19.7 bn, with like-for-likes rising 8.4% in its third quarter. The retailer said its growth was its ‘ best performance in at least 20 years ’. The positive results were broad based, with most markets and channels seeing growth, and came despite ‘ an unfavourable petrol effect ’ and ‘ an unfavorable exchange rate effect ’...
22 October 2020
DIA has launched Al Punto a private label range of ready meals. Furthermore, Carrefour has partnered with IKEA to enable the collection of products at Carrefour collection points. Meanwhile, Mercadona declared its recent investment has been dedicated to two of its strategic pillars and Ahorramás invoiced a record breaking €1.543 bn in 2019. DIA adds Al Punto ready meal range DIA has laun...