Darty

Even though talks between the two retailers were dropped last year, according to analysts from Barclays, a tie-up between Carrefour and its French competitor Casino would not be unthinkable, especially because of the ongoing difficulties at Casino.

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”?

Darty Group's financial report shows that the company had a decent fiscal year, with growth for its (like-for-like) turnover and profit, although its Dutch subsidiary (electronics chain BCC) had a fourth straight onerous year.

At the publication of French Darty's quarterly results, its CEO Regis Schultz said he expects a major full-year profit increase compared to the year before.

French book and cd seller Fnac has increased its bid for electronics chain Darty in an attempt to ward of competitor Steinhoff.

French electronics chain Darty, which owns Belgian Vanden Borre and Dutch BCC, will not join Fnac. It has decided to accept Steinhoff International's bid, which means French furniture chain Conforama's South African parent company will become its new owner.