All Carrefour articles – Page 16
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News
Supermarket chain Gimenes to be split between Carrefour and Associação Ricoy
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 (£14.1m), ...
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Carrefour bids for supermarket chain
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 table. ...
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Carrefour and Reliance Retail discuss joint venture
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 Aditya Birla and ...
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Consistency key to sustainable development
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.
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NewsCarrefour reports ‘stable’ first quarter
International retail giant Carrefour has reported “stable” sales of €22.7bn for the first quarter of this year.
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Carrefour stalks Russia's Seventh Continent
French retail giant Carrefour has made a non-binding offer to buy Russian food retailer Seventh Continent.
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Carrefour loses out to rivals with weak Q4 sales growth
Carrefour has posted its slowest quarterly sales growth in five years and been outperformed by its European counterparts.
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Carrefour and Ahold post resilient third-quarter sales
French retailer Carrefour and Dutch grocer Ahold posted resilient third-quarter trading updates.
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Carrefour posts robust performance
Carrefour has revealed better than expected results, delivering a rise in net income of 1.2 per cent to €750 million ( 603.4 million) for the first half of this year.
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Co-op chief: Somerfield integration will be easy
Co-operative Group chief executive Peter Marks has insisted the retailer’s integration of Somerfield will be smooth and without culture clashes.
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Carrefour’s Dia to ramp up c-stores in Spain
Carrefour-owned Dia is poised to shake up the convenience store sector in Spain by rapidly expanding its Dia Market fascia.
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Carrefour hypermarket sales slide
International retail giant Carrefour is to speed up the pace of change after second quarter sales slipped at its French hypermarkets.
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Carrefour profits set to be lower than forecasts
French retail giant Carrefour has warned that operating profits for this year will not meet original expectations.
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Carrefour to rebrand French stores
Carrefour Group is to convert all its supermarket formats in France to its Carrefour and Carrefour Market fascias.
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Carrefour sales soar
French supermarket giant Carrefour defied analysts’ forecasts by reporting first-quarter revenues of €23.38 billion ( 18.6 billion) for the three months to March 31, despite trading in China being hit by anti-French protests over the Olympics.
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Anti-Carrefour feeling hots up in China
Carrefour came under pressure in China again last week as nationalist protesters demonstrated outside stores in several Chinese cities, including Beijing.
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Carrefour hit by more China protests
Carrefour has been hit by further angry protests in China, as anti-French sentiment grows in the country.
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AnalysisSupply chain software: A problem shared
Switching supply chain software can be tricky. Retailers from across the globe – including Musgrave and Carrefour – shared their experiences at a user event earlier this month. Joanna Perry reports
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French threaten LVMH boycott in China row
LVMH chairman Bernard Arnault threw his support behind Beijing as concerns grow in France over Chinese calls for a boycott of French goods.