According to a French business paper, Amazon is eyeing to acquire Carrefour in an attempt to increase its foothold in Europe. Carrefour's share suddenly became one of the biggest risers in the Paris stock exchange, even though no proof of the intents has yet been released.
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French retail giant Carrefour has stated it will simplify its structure after presenting very weak financial results yesterday. Its share got hammered 13 % on the French stock exchange as the French company said it has no improvement in sight.
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French retail group Carrefour recently revealed disappointing financial results for the first half of 2017, and the new board indicated the second half of the year will also remain difficult.
The Carrefour group just opened its first full-blown Supeco store in Italy. The soft discount formula targets both families and professional customers.
Carrefour Market is going to display customer ratings for some two hundred items in its physical stores, featuring a short text from the customer and a star-based rating. The chain will implement this feature in its home territory, France, first.
French group Carrefour has once again published good results: it achieved a second quarter 6.1 % turnover increase, as its French performance improved and it returned to positive results in Belgium.
Carrefour France is trialing a new convenience store formula for immediate consumption, called Bon’App. The name is derived from its own snack private label and the formula only sells items meant for on-the-road or immediate consumption.
French supermarket company Carrefour took the first step towards to its Brazilian branch’s IPO. It hopes to attract 4.5 to 5.6 billion Brazilian real (1.2 to 1.5 billion euro).
Are Carrefour and Fnac Darty about to be joined in holy matrimony now that Fnac CEO Alexandre Bompard will lead Carrefour? Can a wandering supermarket chain, a culture-focused company bouncing back and a popular electronics retailer make French retail “great again”?
Alexandre Bompard will need to perform another gargantuan task at department store group Carrefour. After he managed to get Fnac back on track, he will need to do the same for Carrefour.
Will robots soon replace store employees? It is a fascinating, but frightening question. RetailDetail will investigate in its new co-creation platform Home of Retail.
Fnac-Darty’s CEO, Alexandre Bompard, is about to become Carrefour’s new CEO, succeeding Georges Plassat. The company is hoping to confirm his appointment at the General Assembly on 15 June.
Looking at the sheer amount of companies exhibiting at the 2017 PLMA Trade Show in Amsterdam, private label must be thriving in Europe. Most notably, private label has shed its price image (partly) and more sophisticated concepts have been launched.
It seems French supermarket chain Carrefour intends to roll out its biological store formula abroad. The company has just opened its first Spanish Carrefour Bio store in Madrid, with Barcelona to follow suit soon.
French distribution giant Carrefour has asked its shareholders to increase the age cap for its CEO, currently 70, to 75. The move however does not imply that current CEO Georges Plassat will stay.
Carrefour has several projects running in France, all to do with urban agriculture. One such experiment is to grow fruit and vegetables on the roof of its main office in Massy.