Carrefour fully owns Rue de Commerce now

Carrefour fully owns Rue de Commerce now

French retail group Carrefour has acquired full control of online store Rue de Commerce's shares, a move designed to strengthen Carrefour's omnichannel strategy.

5 million unique visitors per month

According to Carrefour, Rue de Commerce attracts about 5 million unique visitors per month, making it an important player in the French non-food eCommerce industry. It now hopes to take advantage of Rue de Commerce's strong brand and knowledge as assets within its own company structure.

 

The European Commission already approved Rue de Commerce's acquisition in November 2015, because it did not see any anti-trust issues as both companies differed enough. The acquisition itself was announced in August 2015.

 

Rue de Commerce, founded in 1999, managed a 458.3 million euro turnover in 2014 thanks to those 5 million unique visitors per month. Its online store is similar to Bol.com, acquired by Ahold several years ago. It offers third party sellers a platform to sell their products on Rue de Commerce.

Questions or comments? Please feel free to contact the editors


Rocket Internet wants to go public with Home24

19/01/2018

Rocket Internet wants to go public with its furniture web shop Home24 in the summer. During the next few months, it will work tirelessly to improve the web shop’s results.

Carrefour buys stake in Showroomprivé

12/01/2018

Carrefour has obtained a 17 % minority stake in flash sale seller Showroomprivé with the intent of increasing its digital and non-food reach. Former shareholder Conforama did suffer a loss.

Will free home delivery disappear?

15/12/2017

A growing number of online orders also brings additional pressure on the logistical industry. Free home delivery can no longer be maintained according to research company ECC Köln. More flexible options should be installed.

Amazon brings its private labels to Europe

14/12/2017

After it introduced Amazon Prime to an increased number of European markets, Amazon is now bringing in its own FMCG private labels. Over the past few weeks, the online department store launched several private label products in Europe and it has plans for even more. 

Amazon Echo is now available in the Benelux

11/12/2017

Amazon announced it will ship its smart speaker Amazon Echo to another 28 countries, including Belgium and the Netherlands. Its own music streaming service will also get a local launch.

Luxury manufacturers can block retailers from selling on Amazon

07/12/2017

Luxury product manufactures can block retailers from selling their merchandise on online marketplaces like Amazon. The European Court of Justice has ruled on the matter after cosmetics manufacturer Coty filed a complaint.

Back to top