All Carrefour articles – Page 15

  • News

    Carrefour to expand in China

    2009-10-30T00:00:00Z

    Despite ongoing speculation in the Chinese press that Carrefour is coming under shareholder pressure to exit China, it is to expand its presence in the Chengdu region with two new hypermarkets this year, and more in 2011. General manager of central and western China Arnaud Dupont said Chengdu had “huge ...

  • RW carrefour
    News

    Carrefour’s retreat from Russia a mysterious move

    2009-10-23T00:00:00Z

    French retailer Carrefour has surprised the retail world by announcing its decision to exit the Russian market, having only recently opened its first two hypermarkets in Moscow and Krasnodar.

  • News

    Carrefour reports sales rise

    2009-10-23T00:00:00Z

    Carrefour has reported that sales for its third quarter reached E23bn (£21bn), a rise of 0.5% excluding petrol and at constant exchange rates. In France, market share gains were driven by the strong performance of Carrefour Market – where like-for-likes increased 6% excluding petrol – and the success of Carrefour-branded ...

  • RW carrefour
    News

    Carrefour to pull out of Russia

    2009-10-16T09:31:00Z

    Carrefour is to pull out of Russia just months after opening its first stores in the country.

  • News

    Carrefour facing pressure from its largest investors

    2009-10-09T00:00:00Z

    Carrefour is facing pressure from its largest investors, Colony Capital and billionaire Bernard Arnault, to sell its operations in Asia and Latin America. The call follows a drop of close to 30% in the value of Carrefour stock since the shareholders came on board in 2007. A source close to ...

  • News

    Cencar expands loyalty programme

    2009-10-02T00:00:00Z

    Carrefour’s operator in Thailand, Cencar Co, is stepping up its customer loyalty and retention programmes to better compete with rivals Tesco Lotus and the Casino-owned Big C chain. The retailer has dedicated THB50m (£937,894) towards the “Carrefour Month 2009” campaign, which will reward loyalty cardholders with discounts at 37 ...

  • News

    Carrefour enters Iranian market

    2009-10-02T00:00:00Z

    Four months after opening its first store in Pakistan, Carrefour has entered the Iranian market via its Middle Eastern franchise partner, Majid Al Futtaim (MAF). The first hypermarket opened in Tehran. As in Pakistan, the store trades under the Hyperstar banner, rather than Carrefour. The store, which is open seven ...

  • News

    Carrefour launches campaign

    2009-09-25T00:00:00Z

    Carrefour has launched a campaign highlighting six menu ideas at less than e1 (86p) per person. Produced by Publicis, the campaign will run on TV and in the grocer’s 1,200 French stores. The menus, made using Carrefour own-branded products, are intended “to reduce the daily food bill while purchasing ...

  • News

    Carrefour enters Iranian market

    2009-09-18T00:00:00Z

    Carrefour has entered the Iranian market through its franchise partner in the Middle East, Majid Al Futtaim (MAF). MAF has opened a hypermarket in Tehran, in the western district of Ferdows. Like in Pakistan, where Carrefour has been trading for four months, the hypermarket has not opened under the Carrefour ...

  • RW carrefour
    News

    Carrefour pins €600m on revitalising sluggish sales

    2009-09-11T00:00:00Z

    Recession-related despondency is being tackled at Carrefour with the launch of a new marketing campaign for its struggling French operations.

  • Retailers like Tesco have benefited from the flight to own-brand products
    News

    Consumer loyalty to own-brand products here to stay

    2009-08-24T09:30:00Z

    The growth in sales of retailers’ own-brand products is likely to slow although the shift in loyalty away from branded lines is permanent, according to retail consultancy Verdict Research.

  • News

    Carrefour sales fall

    2009-07-24T00:00:00Z

    Carrefour , the world’s second-biggest retailer, said second-quarter sales fell 1.2 percent, hurt by weaker western European markets, lower petrol prices and exchange rates. The drop to €23.4bn (£20.1bn) was slightly less than some analysts’ forecasts. Half-year sales were €46.2bn (£39.8bn). Carrefour group chief executive Lars Olofsson described half-year sales ...

  • News

    Carrefour and El Corte Inglés ask staff to delay summer holidays

    2009-07-17T00:00:00Z

    Carrefour and El Corte Inglés are asking their staff to delay their summer holidays in order to avoid hiring temporary staff over the busy summer months. French retail giant Carrefour wants staff to opt to take holiday in October and November, according to trade union sources. Spanish department store ...

  • RW carrefour
    News

    Third profit warning puts Carrefour under spotlight

    2009-07-10T00:00:00Z

    Carrefour, the world’s second biggest retailer, last week issued its third profit warning in just 12 months.

  • ryan john cutout
    Opinion

    Fizz has gone out of UK retailers' duty-free offers in France

    2009-06-22T08:49:00Z

    If things aren’t going well, should you give up or try and fix them? Look at the poll this week on the Retail Week home page and you’ll see the question “Is it worth UK retailers continuing to have duty-free operations in northern France?” Video: The Retail Week Booze ...

  • News

    Supermarket chain Gimenes to be split between Carrefour and Associação Ricoy

    2009-05-22T00:00:00Z

    Brazil Carrefour and local operator Associação Ricoy, comprising seven local grocers, will split supermarket chain Gimenes between them in a deal worth BRL60m (£18.9m), according to Gimenes’ creditors. Gimenes filed for Chapter 11 bankruptcy in December. 10 of its 23 units in São Paulo will go to Carrefour for BRL45m ...

  • News

    Carrefour bids for supermarket chain

    2009-05-15T00:00:00Z

    Carrefour has entered the bidding to acquire Brazilian supermarket chain Gimenes, which has also received a proposals from local operator Associação Ricoy. Gimenes has 23 shops across São Paulo, Brazil’s largest state, and is Brazil’s 22nd largest supermarket chain. Carrefour, Brazil’s market leader, has put two offers on the ...

  • News

    Carrefour and Reliance Retail discuss joint venture

    2009-05-08T00:00:00Z

    French retailer Carrefour is in talks with Indian giant Reliance Retail about forming a joint venture. Carrefour has been negotiating to operate in India in partnership with tycoon Kishore Biyani’s Future Group, but no deal has been struck. The French group is now talking to other potential partners, including ...

  • News

    Consistency key to sustainable development

    2009-05-06T10:57:00Z

    Trust, engagement, authenticity, communication and understanding customers are the key issues for retailers as they move towards greater sustainability, according to a panel at the World Retail Congress this morning.

  • RW carrefour
    News

    Carrefour reports ‘stable’ first quarter

    2009-04-17T09:42:00Z

    International retail giant Carrefour has reported “stable” sales of €22.7bn for the first quarter of this year.