Carrefour published its financial results for the first 6 months of its fiscal year this morning and they were better than expected. Despite unfavourable circumstances, the group is on track to reach its full-year forecast.
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French supermarket chain Carrefour is set to launch its own 1-hour delivery service in several Parisian supermarkets, a counter for Amazon Prime Now's launch in the French capital.
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“Discriminatory” and "xenophobic": that is how major international distributors describe the new tax approved by the conservative Polish government earlier this week. Starting 1 August, all major supermarket chains will have to pay this new tax.
Sushi specialist Sushi Daily will open another kiosk on 27 May, in Koksijde's Carrefour Hypermarket. Only on 17 May, the European market leader Sushi Daily opened its 500th kiosk in Turin, Italy.
Carrefour and French bank BNP Paribas have developed a free payment app together, called Wa!. Customers can use the app to do mobile payments, keep track of their loyalty cards and take advantage of coupons.
Carrefour France has shuffled its board extensively, which also means Carrefour Hypermarkets' director Eric Bourgeois will leave the company.
The Moulin family, which owns the French luxury department store chain Galeries Lafayette, is now officially also Carrefour's most powerful shareholder. Another change at the top is the inclusion of former Casino partner Abilio Diniz.
French supermarket group Carrefour had a decent first quarter, but its results differ tremendously per region. The Belgian division outperformed the group's overall performance.
Budget private labels are not the right strategy to fight off hard discounters, according to the International Private Label Consult (IPLC). Their inferior quality damages a supermarket's brand image and its margins are dwindling.
The very first Carrefour Bio opened its doors three years ago in Paris, paving the way for another 4 Bio stores. By the end of the year, the French supermarket chain aims to have 10 Bio stores, with a larger product range in - on average - larger stores.
French retail giant Carrefour's 2015 performance was just like analysts had forecast. Turnover and operational profit grew, but the net profit dropped a lot because of one-time costs.
The Carrefour Group has signed an agreement with the Eroski Group to acquire 36 of its compact hypermarkets in Spain. Carrefour will also obtain 8 shopping centers and 22 gas stations in the deal.
Almost simultaneously, three French retailers will launch a scanner to allow shoppers to scan products at home, which are then automatically added to a shopping list. This will make eCommerce even easier.
In an interview, Georges Plassat, French supermarket chain Carrefour's CEO, indicated he still believes there is a future for physical stores. He feels the digital and physical space have to work hand in hand in the future, to complement each other.