Carrefour news

16 September 2021
As Carrefour receives sign off for its acquisition of Bio c’Bon in France, expands its presence in the convenience channel and enjoys strong growth in Spain, we round up news from the retailer. Carrefour required to sell eight stores to complete Bio c’Bon acquisition Following its announcement to purchase Bio c’Bon and notification of the Competition Authority, Carrefour has received si...
14 September 2021
Retailers prepared for a strong back-to-school season in 2021, with Mastercard SpendingPlus projecting retail sales would grow by 12% during the back-to-school period (August 16 to September 19) compared to 2019. In our Back-to-school, 2021 report we explore back-to-school initiatives globally and highlight five key themes. Below are three standout in-store back-to-school campaigns we...
14 September 2021
2020 saw the Spanish grocery sector experience robust sales growth driven by shoppers’ confinement and the subsequent abrupt closure of the hospitality sector. Now the pandemic seems to be easing, retailers are adapting to the ‘new normal’, consolidating their positions in a market poised for further growth, fuelled by an incipient recovery of the economy. With consumers still reluctant to spe...
13 September 2021
Our latest research provides recommendations on how you should prepare for energy transition in convenience retail. Available to IGD Retail Analysis subscribers: The future for forecourts in Europe Below are some of the key highlights… Looking for more insight? Retail Analysis subscribers can read more here: Your guide to convenience...
09 September 2021
As Carrefour looks to build on its momentum in France it is planning to launch its own quick commerce service, while it is trialling a subscription service, for potential nationwide roll out in 2022. Carrefour to trial subscription service until the end of 2021 The retailer has said between September 20 and the end of the year shoppers will be able to sign up to its subscription service, Ca...
06 September 2021
As Carrefour and Cajoo confirm their partnership in France and Carrefour expands its quick commerce solutions in Belgium and Romania, we look at the retailer’s developments in the channel. Carrefour participates in recent Cajoo fundraising Cajoo has raised a further US$40m from investors, a list that included Carrefour alongside several France-based private equity companies. The investment ...
12 August 2021
The French multinational retailer is planning to sell its Taiwan business, which is valued at US$1.9 bn. It might consider selling its operations in Poland, Italy, and Argentina as well. The sale is to kick off after the summer According to a report from Reuters, Carrefour has hired Morgan Stanley to run the sale, which is to commence after the summer. Carrefour has approached several poten...
29 July 2021
As Carrefour France acquires a minority stake in quick commerce operator Cajoo, its operations in Poland looks to reduce plastic use and it appoints a new chief executive in Brazil, we round up five developments from the retailer. Carrefour acquires stake in quick commerce company in France In its Q2 results statement Carrefour announced its acquisition of a minority stake in quick comm...
29 July 2021
Carrefour has announced Q2 and H1 results showing continued strength in several markets, especially France. At a group level, Q2 showed a sequential slowdown on Q1’s performance but was against a high comparable base in 2020. In H1 the retailer said like-for-like sales rose 3.9% to €38.3 bn. H1 highlights In the first half of its 2021 financial year, Carrefour noted several positive develop...
20 July 2021
Carrefour has, to coincide with the first activity report from France’s National Pact on Plastic Packaging, reaffirmed its commitment to limiting the application of single-use plastic, among other initiatives. Carrefour has set itself ambitious targets for 2025 By 2025, Carrefour has targeted: Cutting single-use plastic packaging by 20,000 tonnes Having recycled material account fo...