All Carrefour articles – Page 14

  • News

    Carrefour Q1 sales up 5.5%


    Carrefour has recorded a 5.5% rise in first-quarter sales to €23.96bn (£21.4bn). French retail sales rose 2.1% due to strong growth from supermarkets, although hypermarkets continued to suffer with like-for-like sales down 1.2%. Western Europe, excluding France, also struggled in the period with like-for-likes down 2.4%. Growth was primarily driven ...

  • Natalie Berg

    Can Walmart overcome Chinese etail challenges?

    April 9, 2010

    Walmart plans to launch an ecommerce operation in the world’s most populous nation. With more than 380 million internet users - more than the entire US population - China represents a massive opportunity for the world’s largest retailer. However, growth will not come easy and Walmart must be able to ...

  • News

    Carrefour to invest up to £40m in Argentina


    Carrefour will invest as much as ARS250m (£40m) in its stores network in Argentina this year as supermarket sales recover. The retailer, which operates under banners including Dia in the country, invested ARS1.25bn (£202m at current exchange rates) in stores growth between 2006 and 2009, and will add 23 ...

  • News

    Trius appointed Carrefour Europe executive director


    Vicente Trius has been appointed Carrefour executive director for Europe. Taking responsibility for Belgium, Spain, Italy, Poland, Greece, Cyprus and Romania, the 52-year-old Spaniard will start work on May 3. Trius has previously spent 15 years working at Walmart , where he was vice-president of international operations for Latin ...

  • News

    Marinopoulos to face Competition Committee probe


    Carrefour’s greek arm Marinopoulos will face the Competition Committee at the end of April, according to reports in the local press. Carrefour Marinopoulos faces charges that it violated competition regulation in respect of its franchising model and the operations of its 5’ Marinopoulos grocery stores network. The retailer is reportedly ...

  • News

    Carrefour to close 21 Belgian stores


    Carrefour plans to close 21 stores in Belgium and cut 1,672 jobs in the country. 14 of its 56 Belgian hypermarkets and seven of its 378 Belgian supermarkets will close by June 30. An additional 30 stores will be sold. In total, nearly a third of the hypermarkets and nearly ...

  • News

    Carrefour profits plummet


    Carrefours profits plummeted 70% to €385 m (£343m) in 2009, largely due to restructuring charges. In France and Western Europe sales fell 2.7% and 5.4% respectively. However, the French retail giant boasted market share gains in its home market. Meanwhile, Carrefour ’s Latin American and Asian divisions posted sales growth ...

  • News

    Carrefour likely to sell Moscow leasing rights


    Carrefour is likely to sell its Moscow leasing rights to Auchan and OBI, according to Reuters. Carrefour, the world’s biggest retailer, has failed to find one single buyer for all of its three hypermarkets in Russia.

  • News

    Carrefour to create an executive board


    Carrefour is to create an executive board that, along with group executive Lars Olofsson, will be charged with developing the group’s strategy, operational goals and oversee execution. Newly appointed France executive director James McCann, formerly Tesco ’s Hungary chief, will be among the new board members. Separately, Carrefour has ...

  • James McCann has been named Carrefour executive director for France

    Carrefour poaches Tesco star for top French role


    Carrefour has poached Tesco high-flyer James McCann as executive director of its flagship French business.

  • perry joanna cutout

    NRF: New York welcomes back the big boys of retail IT


    The IT bosses of three of the fourbiggest retailers in the world have been spotted at the National Retail Federation conference and show in New York this week; and that says something about the role technology will play in the industry’s recovery from recession.

  • Walmart

    Profitability slips for top 250 global retailers


    The largest retailers in the world have managed to increase their sales through the recession, but profitability has suffered, research from Deloitte Touche Tohmatsu has revealed.

  • News

    CarrefourSA to open 100 stores in Turkey


    CarrefourSA, the 60:40 joint venture between Carrefour and Sabanci Ticaret Merkezi in Turkey, has announced plans to open a further 100 stores in the country, each costing €670,000 (£597,023), in 2010. The first smaller-format express store will open on January 6 in the city of Mersin in southern Turkey, CarrefourSA ...

  • Ocado snow

    Ocado mulls partnership with Carrefour


    Online grocer Ocado is understood to have held talks with French retailer Carrefour about a partnership to deliver shopping to customers’ homes in France.

  • News

    Carrefour in Italy confirms DìperDì fascia converts


    Carrefour in Italy has confirmed that it is to convert all of its DìperDì neighbourhood stores to the Carrefour Express fascia as part of its multi-format single brand strategy. The international grocery group’s Italian GS supermarkets are being converted into Carrefour Market at present. Carrefour said that the multi-format single ...

  • News

    Carrefour plans to double store in Malaysia by 2012


    French Grocer Carrefour plans to double store numbers in Malaysia to 40 by 2012. Chief executive Guillaume de Colonges said the expansion was in line with its strategy of positioning itself to be the top foreign hypermarket operator in the country. He added that the retailer was committed to growth ...

  • News

    Carrefour's Guy Yraeta is to leave the business


    Carrefour ’s Guy Yraeta, who is in charge of the group’s key European operations, excluding France, is to leave the business. Yraeta spent 33 years at Carrefour and is responsible for the hypermarket reinvention project, which is in the process of developing a new concept for Carrefour’s struggling hypermarket format. ...

  • Metro

    Carrefour backs home front while Metro plays away

    November 6, 2009

    Recent events have thrown the contrast in strategic priorities between the world’s second- and third-largest retailers, Carrefour and Metro Group, into stark relief.

  • News

    French retailers accused of improper dealings with manufacturers


    Carrefour , Leclerc, Auchan, Delhaize-owned Cora, Système U and four other retailers have been summoned before the commercial courts in France to defend allegations of improper dealings with manufacturers. Contracts between retailers and suppliers under scrutiny include those that require suppliers to buy back their unsold inventory and those where ...