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France's Carrefour takes steps to exit China with Suning.com deal

France's Carrefour takes steps to exit China with Suning.com deal

24/06/2019 - 15:02
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 franchisee to open first Ugandan store

Carrefour franchisee to open first Ugandan store

19/06/2019 - 09:13
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
 Carrefour franchisee on prowl for acquisitions to grow in Africa

Carrefour franchisee on prowl for acquisitions to grow in Africa

03/04/2019 - 08:42
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
Carrefour enables milk product traceability through blockchain

Carrefour enables milk product traceability through blockchain

11/03/2019 - 13:37
French retail giant Carrefour is using blockchain technology to let consumers trace information about the source of its milk products. read more
Carrefour to use AI for supply chain optimisation

Carrefour to use AI for supply chain optimisation

15/01/2019 - 15:19
Carrefour has announced plans to use artificial intelligence to optimise its inventory management, making it the first French retailer to do so. read more
Carrefour adopts blockchain ledger technology to monitor food sources

Carrefour adopts blockchain ledger technology to monitor food sources

10/10/2018 - 16:44
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 announce joint purchasing tie-up

Tesco and Carrefour announce joint purchasing tie-up

03/07/2018 - 09:20
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
Shoprite and France’s Carrefour go toe-to-toe in Kenya

Shoprite and France’s Carrefour go toe-to-toe in Kenya

15/03/2018 - 09:26
Kenya is turning into an interesting battleground between South African grocery chain Shoprite and French rival Carrefour. read more
Carrefour plans assault on Shoprite territory

Carrefour plans assault on Shoprite territory

03/07/2017 - 10:27
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 to stop selling plastic bags by 2020

Carrefour to stop selling plastic bags by 2020

17/11/2016 - 14:43
Carrefour will aim to end its distribution of one-time-usage plastic bags at checkouts globally by the year 2020. read more
Lost in translation: Wal-Mart stumbles - Brazil

Lost in translation: Wal-Mart stumbles - Brazil

22/02/2016 - 11:54
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
Tesco-style accounting risks well known - UK

Tesco-style accounting risks well known - UK

25/09/2014 - 09:04
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
Europe: Retailers eye profits from click & collect

Europe: Retailers eye profits from click & collect

16/09/2013 - 10:40
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
Carrefour Q2 2013 results, Preparing for life as a healthy #2 in the market, rather than an ailing #1

Carrefour Q2 2013 results, Preparing for life as a healthy #2 in the market, rather than an ailing #1

25/07/2013 - 15:17
On Carrefour’s second-quarter results, Gildas Aitamer, Retail Analyst at Planet Retail, commented:  read more
Tesco quarterly sales expected to decline

Tesco quarterly sales expected to decline

04/06/2013 - 08:09
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
Carrefour teams up with CFAO for African expansion

Carrefour teams up with CFAO for African expansion

03/06/2013 - 09:48
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
Carrefour strengthens business analytics with location intelligence

Carrefour strengthens business analytics with location intelligence

23/05/2013 - 15:10
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
International gains offset Casino’s domestic price war wounds

International gains offset Casino’s domestic price war wounds

19/04/2013 - 12:49
On Casino’s first quarter results, Gildas Aitamer, Retail Analyst at Planet Retail, commented:  read more
Reports: Costco looks to develop e-commerce in China

Reports: Costco looks to develop e-commerce in China

09/04/2013 - 10:42
New York -- Costco Wholesale appears to be eyeing China's online commerce market, according to published reports. read more
Carrefour Says France Improving as Quarterly Sales Rise

Carrefour Says France Improving as Quarterly Sales Rise

17/01/2013 - 09:29
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 and Walmart say goodbye to easy expansion in China

Tesco and Walmart say goodbye to easy expansion in China

22/10/2012 - 08:13
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 Sees First Signs of Turnaround as Sales Top Estimates

Carrefour Sees First Signs of Turnaround as Sales Top Estimates

12/10/2012 - 10:29
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
 Carrefour Shares Surge as Management Reassures Investors

Carrefour Shares Surge as Management Reassures Investors

13/07/2012 - 08:49
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
Historic moment for Carrefour Colombia Workers Union as it signs first collective agreement

Historic moment for Carrefour Colombia Workers Union as it signs first collective agreement

30/04/2012 - 12:04
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 Sees Profit at Low End of Reduced Forecast Range

Carrefour Sees Profit at Low End of Reduced Forecast Range

20/01/2012 - 14:02
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
Local sourcing and the foreign retailers' Indian dilemma

Local sourcing and the foreign retailers' Indian dilemma

02/12/2011 - 09:04
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 premier sticks by retail market opening

Indian premier sticks by retail market opening

30/11/2011 - 09:32
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
Tesco defector McCann exits Carrefour

Tesco defector McCann exits Carrefour

06/05/2011 - 14:02
Former Tesco director James McCann has left Carrefour after less than 18 months with the French retail giant. read more