All Carrefour articles – Page 9

  • Jon Copestake
    Opinion

    How is the Eurozone crisis affecting UK retail?

    2012-06-20T13:07:00Z

    As well as domestic austerity UK retailers will have to deal with fallout from the continent and the impact it is having on consumer sentiment.

  • Carrefour
    Analysis

    Carrefour must adopt a multichannel strategy to stay competitive

    June 15 2012

    As consumers divert spend online and the trend of shopping locally shows no sign of abating, hypermarket retailers are pondering how to make their format relevant.

  • News

    Carrefour to take control of discount supermarket chain Eki

    2012-06-08T07:00:00Z

    Carrefour has got the green light from the Argentine competition authority for the acquisition of discount supermarket chain Eki. Carrefour will take control of the struggling Argentine retailer, which operates 120 stores across the country, while retaining its 2,300 employees. The transfer contract is expected to be signed before ...

  • News

    Carrefour’s chief executive Lars Olofsson to depart earlier than expected

    2012-05-30T07:00:00Z

    French retailer Carrefour’s chief executive Lars Olofsson is to step down earlier than expected. In light of the fact that “all the required conditions were met to shorten the transition period that began on January 29”, which was supposed to end on June 18, Georges Plassat becomes the new chief ...

  • News

    Carrefour’s bid to acquire Guyenne et Gascogne approved

    2012-05-16T07:00:00Z

    Carrefour’s bid to acquire Guyenne et Gascogne has been approved by France’s antitrust agency. In December 2011, Carrefour submitted a E494m (£394.6m) cash takeover bid for its franchisee. Guyenne et Gascogne operates six Carrefour hypermarkets and 28 Carrefour Market supermarkets in France that generated net income of E25m (£20m) in ...

  • Target will stop selling Kindle as Amazon continues to grab market share
    Analysis

    Target’s Kindle decision reflects Amazon threat

    2012-05-11T00:00:00Z

    It emerged last week that US-based retailer Target is to stop selling Amazon’s Kindle e-readers and tablet PCs in recognition of the growing competition from the ecommerce retailer.

  • Michael Poyner
    Opinion

    French retail: Vive la différence

    2012-05-10T07:00:00Z

    The view, admiringly or not, that the French differ intractably from their neighbours, is enshrined in cliche.

  • Carrefour
    Analysis

    Challenges await the new Carrefour chief executive

    2012-04-20T07:00:00Z

    In Lars Olofsson’s last full quarter as chief executive, French grocery giant Carrefour reported a 0.9% rise in first quarter sales excluding fuel, at constant exchange rates, to E22.5bn (£19bn).

  • News

    Carrefor launches new loyalty programme

    2012-04-18T16:31:00Z

    Carrefour has launched a new point-based loyalty programme in the United Arab Emirates called MyClub, an innovation within the hypermarket sector in the region. Members earn one point for every AED10 (£1.75) spent in the retailer’s stores, with extra points available on special offers. When 500 points are accumulated, ...

  • News

    Intermarché given go-ahead for Altis takeover

    2012-04-18T16:31:00Z

    Grocer Intermarché has received approval from competition authorities to take over 20 Altis stores operating under the Carrefour banner. Last year, Intermarché reached an agreement with Spanish grocer Eroski to acquire the Altis joint venture in southern France. Eroski had already purchased Carrefour’s 50% stake in Altis, which operated ...

  • Auchan enjoyed stronger sales growth in central and Eastern Europe and Asia
    Analysis

    Auchan pins hopes on China for future growth

    March 23 2012

    French retailer Auchan hopes its Chinese operations will drive growth because sales in Western Europe are expected to remain flat.

  • News

    Carrefour launches transactional smartphone app

    2012-03-21T07:00:00Z

    Carrefour has launched a transactional smartphone application in its home market. Using the My Carrefour shopping tool, customers can log in to their account on Carrefour.fr and select products either by using a keyword search or scanning the barcode on an item. Shoppers can choose whether they would like to ...

  • Multichannel continues to hit hypermarkets in Western Europe
    Analysis

    Carrefour hits the brakes after profits suffer a fall

    March 16 2012

    Carrefour last week put the roll-out of the Carrefour Planet format on hold as it revealed a drop in profits in the latest financial year.

  • Delhi, India
    Analysis

    A safe passage to India

    2012-02-29T07:00:00Z

    India is one of retail’s most attractive developing markets, but it’s also one of the most difficult to enter. Liz Morrell reports on how the doors are beginning to open.

  • Walmart has realised that long-term success is dependent on low prices
    Analysis

    Walmart US recovers with ‘back to basics’ strategy

    2012-02-29T07:00:00Z

    Walmart’s results showed that although the US business is finally getting back on track, it must not take its eye off the core domestic division.

  • Kevin O'Byrne
    Analysis

    Profile: Kevin O’Byrne

    2012-02-22T07:00:00Z

    Kingfisher’s group finance director has made the leap to B&Q divisional chief executive and his experience should add drive to the DIY retailer. Nicola Harrison reports.

  • News

    Carrefour appoints three directors

    2012-02-17T07:00:00Z

    Carrefour ’s hypermarket business in France is to be reorganised with the appointment of three directors to manage it. Patrice Lespagnol, Philippe Lartigue and Frédéric Duranton will be responsible for the division, under the leadership of Noël Prioux, head of Carrefour France. Guillaume Vicaire, who has been executive director of ...

  • News

    Carrefour opens first hypermarket in Iraq

    2012-02-10T07:00:00Z

    French grocer Carrefour has entered Iraq with the opening of its first hypermarket at Erbil’s Family Mall. The 107,640 sq ft store is the first of several Carrefour hypermarkets to open in partnership with Erbil-based Darin Group, Majid Al Futtaim Retail’s partners in Iraq. The opening of Iraq’s ...

  • News

    Carrefour franchise partner to open new stores

    2012-02-02T07:00:00Z

    Carrefour ’s franchise partner Majid Al Futtaim plans to open 15 Carrefour hypermarkets and 30 supermarkets this year. Majid Al Futtaim chief executive Iyad Malas said: “We will complete the construction of two malls (Fujairah City Centre and Beirut City Centre) and expect to start construction in Cairo at our ...

  • Olofsson’s revival of the hypermarket concept failed to win public favour
    Analysis

    Carrefour ponders future as Olofsson is replaced

    2012-02-02T07:00:00Z

    This week brought the end of an era at Carrefour as chief executive Lars Olofsson was replaced by Georges Plassat, the head of French fashion retail group Vivarte.