Carrefour Group news

05 March 2019
The company announced its annual results for 2018. Growth from its China business was substantial, with operating income up by 11 times year-on-year, reaching RMB350m (US$52.2m). Growth driven by technology and transformation Digitisation, acceleration of online to offline and format transformation are cited by Carrefour as its success drivers in China. Carrefour said it would stick to the ...
08 January 2019
Carrefour has opened its second Le Marché supermarket in Shenzhen, China. Fresh Workshop in-store After launching its first Le Marché supermarket in Shanghai in April last year, Carrefour has now opened a second store in Shenzhen. In the new store is a Fresh Workshop area, providing shoppers convenience and fun. It combines retail and foodservice, allowing customers to purchase fresh...
03 January 2019
UAE-based Majid Al Futtaim has rebranded its Pakistan-based Hyperstar chain to the Carrefour brand. Rebranding to enhance modern retail Majid Al Futtaim has operated stores in Pakistan, through the Hyperstar band, since 2009. The retailer has six Hyperstar hypermarkets in three major cities; Islamabad, Karachi and Lahore. Majid Al Futtaim said the rebranding to Carrefour will  “enhance mode...
24 October 2018
We have seen several retailers across Asia launch their own e-wallets recently, including AEON in Malaysia, and FamilyMart and Carrefour in Taiwan. AEON launches its own e-wallet Earlier this year, AEON introduced its e-wallet app. Available to download on Google Play and Apple App store, AEON's e-wallet allows shoppers to pay and earn points at participating AEON stores (AEON Big Hypermark...
19 October 2018
Carrefour announced a strategic collaboration with Dada-JD Daojia, an online grocery and delivery firm owned by JD.com. New business platform Around 6,000 products are available to be traded on the new online platform, of which 400 are imported goods. These products cover multiple categories including fruit and vegetables, dairy, ready-to-eat, BWS (beer, wine and spirits), snacks, cooking i...
15 August 2018
Carrefour Asia’s executive director, Thierry Garnier, has highlighted how the retailer’s operating profit has improved in 2018. Garnier said the progress had been driven by its digital transformation, which has been aided by its strategic partnership with Tencent. Partnership driving progress Garnier pointed to Carrefour creating a strategic partnership in China with technology company Tenc...
23 July 2018
Transmart Carrefour partners with Indonesian Mosque Council to open up to 300 stores. Convenience stores located in mosque districts Trans Retail Indonesia, the operator of Transmart Carrefour hypermarkets, has signed a memorandum of understanding with the Indonesian Mosque Council (Dewan Masjid Indonesia, DMI) to launch up to 300 convenience stores.   These stores, with a maximum size o...
14 June 2018
As China becomes a key global retailing market for companies looking for inspiration about how operating models and formats could develop, France-based Auchan and Carrefour have made separate announcements about the country’s growing importance. Carrefour says China is ‘testing ground’ for initiatives Following the opening of its Le Marche concept in May, created with Tencent has increased ...
04 May 2018
Carrefour has launched Le marche, a new concept store located in Shanghai on no.18 North Pusong road.  What's on offer? Carrefour officially opened Le marche on 27 April. Its latest concept store combines retail and foodservice in a stylish setting to deliver a better shopping experience. Similar to Alibaba's Hema Fresh stores, customers can purchase fresh and live seafood and have ...
12 April 2018
Discussion of Carrefour’s Q1 results will focus on the challenging market environment in France. However, its performance across Europe underlines the contests being fought by it and other retailers to maintain growth in difficult operating conditions. Given these situations the retailer’s roll out of its 2022 Transformation plan cannot occur quickly enough, despite it likely to have an effect on...