Moulin family expands its stake in Carrefour | RetailDetail

Moulin family expands its stake in Carrefour

Moulin family expands its stake in Carrefour

The Moulin family has revealed it currently controls more than 10 % of French retailer Carrefour's capital and confirms it may continue to increase its stake in the Franch supermarket chain in the future.

Founders of Galeries Lafayette

The Moulin family controls Galfa, which currently owns 10.06 % of Carrefour, up from 9.5 % at the end of last year. The familiy stated in a press release that its intended future purchases are not meant to take over control within Carrefour, which should help to assure other investors. It also states it gives the current Carrefour CEO, Georges Plassat, its full backing.

 

Being the largest shareholder does grant them two seats on Carrefour's board of directors. Those are taken by Philippe Houze and Patricia Lemoine, son and daughter of Ginette Moulin, who is the granddaughter of Galeries Lafayette's founder. That chain is also controlled by the Moulin family.

Questions or comments? Please feel free to contact the editors


Walmart and Microsoft team up to beat Amazon

18/07/2018

Two major American companies join forces to try to beat the omnipresent threat of Amazon: Walmart (Amazon's biggest competitor in retail) and Microsoft (Amazon's main rival in cloud services) have signed a strategic partnership for the next five years.

Sales of PCs grows for the first time in six years

13/07/2018

For the first time in six years computer sales showed growth again: in the second quarter of 2018 they increased by 1.4%. According to research firms Gartner and IDC, the sales increase is mainly due to growth in business markets.

Retailhub Inspiration Tour: the customer journey becomes very different

09/07/2018

Thanks to Retailhub by RetailDetail, Antwerp has one more unique retail hot spot. Professionals can experience the future of retail in the Benelux' only retail inspiration platform, with 1250 sqm of innovative technology and huge trends.

Breakthrough in Karstadt-Kaufhof merger

05/07/2018

Canadian Hudson’s Bay and Austrian Sigma Holding have not reached a preliminary agreement about the merger of their respective department store chains Kaufhof and Karstadt: the Canadian company says it has only signed a letter of intent.

Alibaba CEO and Belgian PM discuss investment in Liège

04/07/2018

Alibaba founder Jack Ma has discussed a possible investment in Liège, Belgium with the country's prime minister Charles Michel. Afterwards no decisive statements were made by either party.

Toys "R" Us closes American stores amidst reboot hopes

02/07/2018

Final curtains for Toys "R" Us in the United States: all the stores have closed and 30,000 employees are laid off. Against all odds, some however still hope for a second life for the troubled chain.