CARREFOUR NEWS ON FASTMOVING

Carrefour, Europe’s largest retailer, took a decisive step on Sunday towards a full exit of the Chinese market by selling a majority stake of its activities in the country to Suning.com. read more

Carrefour will open its first store in Uganda this year, expanding in the region after a successful launch in neighbouring Kenya, the Dubai-based operator of the French retailer’s outlets said. read more

Majid Al Futtaim Holding, an operator of French retailer Carrefour SA outlets, plans to boost its presence in Kenya as it looks to expand into eastern and southern Africa.  read more

French retail giant Carrefour is using blockchain technology to let consumers trace information about the source of its milk products. read more

Carrefour has announced plans to use artificial intelligence to optimise its inventory management, making it the first French retailer to do so. read more

Europe’s largest retailer Carrefour has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to shops, and will deploy it across all of its fresh product lines in coming years. read more

Tesco and Carrefour have announced plans to enter into a “long-term, strategic alliance”, with the aim of getting better deals from multinational suppliers, cutting costs, and combating increased competition in their domestic markets. read more

Kenya is turning into an interesting battleground between South African grocery chain Shoprite and French rival Carrefour. read more

Shoprite's biggest rival on the continent may not be a local business, but a French company, the world's second-largest retailer, as Carrefour carefully plans its expansion into Eastern and Southern Africa. read more

Carrefour will aim to end its distribution of one-time-usage plastic bags at checkouts globally by the year 2020. read more

Campo Grande, Brazil - When Wal-Mart Stores first expanded into Brazil's Midwestern farm-belt city of Campo Grande seven years ago, the economy was booming and executives were eager to open stores even in sub-prime locations on one-way streets heading out of town. read more

London - Tesco's disclosure of huge accounting mistakes over contracts with its suppliers has shocked industry analysts and executives, but not because they did not realise the potential for disaster. read more

Paris - European retailers have gone back to bricks and mortar in the hope of turning their online food businesses profitable - racing to build pick-up points to capitalise on shoppers' increasing demand for "click and collect" grocery options. read more

On Carrefour’s second-quarter results, Gildas Aitamer, Retail Analyst at Planet Retail, commented:  read more

London - Britain's biggest retailer, Tesco , is expected to slip back to an underlying sales decline when it publishes first-quarter trading figures on Wednesday, raising doubts about a costly recovery plan for its home market. read more

French retail giant Carrefour SA said Wednesday it has teamed up with African distribution company CFAO to expand its presence in Africa, as the grocer seeks to reinforce the global footprint of its name. read more

REDLANDS, Calif. -- Esri announces that Carrefour Group, the second-largest retailer in the world with nearly 10,000 stores around the globe, has implemented an enterprise-wide marketing solution from Esri partner Galigeo.  read more

On Casino’s first quarter results, Gildas Aitamer, Retail Analyst at Planet Retail, commented:  read more

New York -- Costco Wholesale appears to be eyeing China's online commerce market, according to published reports. read more

Carrefour SA (CA), France’s biggest retailer, reported a 0.8 percent increase in fourth-quarter sales because of growth in Latin America, and said business continued to improve in France. read more

Tesco is trying to lure Chinese shoppers with promotions on soy sauce, cooking oil and apples this week. But Emily Zhang still won't do much shopping there. read more

Carrefour SA (CA), the world’s second- largest retailer, gained the most in France’s benchmark CAC 40 Index after reporting sales that signaled new Chief Executive Officer Georges Plassat’s turnaround plan may be working.  read more

July 12 (Bloomberg) -- Carrefour SA shares rose the most in more than five months after the world’s second-largest retailer reported sales growth that topped analysts’ estimates and boosted investor confidence that it can meet full-year profit expectations. read more

Nyon, Switzerland, 27 April 2012: UNI Global Union welcomed the signing of an historic first collective agreement at Carrefour Colombia that it says should serve as a new model for labour relations in the country. Along with the gains for Carrefour Colombia the workers, the agreement is notable for the fair and secure organising collective bargaining process that created it.  read more

Carrefour SA, (CA) the world’s second- largest retailer, said 2011 profit was at the lower end of its reduced forecast range after fourth-quarter sales declined. read more

Like the opening of a new superstore in town, the world's largest retailers have been queuing up to get access to the as-yet-closed-off Indian market. But when last week the Indian government announced it would be flinging wide the doors for foreign investment, the Wal-Marts and the Carrefours had plenty to worry about. read more

Indian Prime Minister Manmohan Singh has rejected calls to reverse major retail market reforms, saying the entry of foreign supermarket giants would help modernise the $450 billion (R3.8 trillion) sector and fight stubbornly high inflation. read more

Former Tesco director James McCann has left Carrefour after less than 18 months with the French retail giant. read more