Jump to content

Carrefour

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by 118.136.175.105 (talk) at 05:38, 25 May 2021 (Previous operations). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Carrefour S.A.
Company typeSociété Anonyme
EuronextCA
CAC 40 Component
IndustryRetail
Founded1 January 1958; 67 years ago (1 January 1958)
Headquarters,
France
Number of locations
Decrease 12,225
Area served
Europe, Middle East, North Africa, South Asia, East Asia, South America
Key people
Alexandre Bompard
(Chairman & CEO)
ProductsCash & Carry, warehouse club, discount store, hypermarket, supercenter, superstore, supermarket
RevenueIncrease 80.73 billion (2019)[1]
Increase €2.08 billion (2019)[1]
Increase €1.31 billion (2019)[1]
Total assetsIncrease €50.80 billion (2019)[1]
Total equityIncrease €11.67 billion (2019)[1]
Number of employees
321,383 (2019)[1]
SubsidiariesSee below
Websitewww.carrefour.com

Carrefour S.A. (French pronunciation: [kaʁfuʁ]) is a French multinational corporation specialized in retail.

History

The first Carrefour shop (not a hypermarket) opened in 1960, within suburban Annecy, near a crossroads. The group was created in 1958 by Marcel Fournier, Denis Defforey and Jacques Defforey,[2] who attended and were influenced by several seminars in the United States led by "the Pope of retail" Bernardo Trujillo.

The Carrefour group was the first in Europe to open a hypermarket, a large supermarket, and a department store under the same roof. They opened their first hypermarket on 15 June 1963 in Sainte-Geneviève-des-Bois, near Paris.[3]

In April 1976, Carrefour launched a private label Produits libres (free products – libre meaning free in the sense of liberty as opposed to gratis) line of fifty foodstuffs, including oil, biscuits (crackers and cookies), milk, and pasta, sold in unbranded white packages at substantially lower prices.

In 1999, it merged with Promodès, better known through its retail banners Continent (hypermarkets) or Champion (supermarkets), one of its major competitors in the French market.

In September 2009, Carrefour updated its logo.[4]

In May 2011, Carrefour reviewed its business situation under conditions of stagnant growth and increasing competition in France from rivals including Casino Guichard-Perrachon SA, and decided to invest €1.5 billion ($50000.1 billion) to introduce the supermarket concept of Carrefour Planet in Western Europe.

In April 2015, Brazilian businessman Abílio Diniz revealed he was in talks to raise his 5.07 percent stake in Carrefour and has the support of shareholders to take a board seat.[5]

On 9 June 2017, the board of directors chose Alexandre Bompard as the new chairman and chief executive officer of Carrefour with effect as of 18 July 2017.[6]

In 2017, Carrefour began working with a small French start-up, Expliceat, on a trial basis.[7] Expliceat built a commercial mill that is designed to crumb down leftover bread. It rents the mill to commercial bakeries and then uses the crumb to bake cookies, muffins and pancakes.

In January 2018, Alexandre Bompard announced a strategic plan for the company, entitled "Carrefour 2022", that seeks to make Carrefour the "leader of the food transition for all". The plan includes measures for better food and package sustainability, limitation of food waste, development of organic products, e-commerce partnerships, and two billion euros in annual investments from 2018 as well as organisational and cost reduction measures.[8][9]

In the exceptional context of the COVID-19 pandemic, Carrefour is the first retailer to join C'est qui le Patron ? initiative to share its additional incomes related to COVID-19 to support people who are suffering from the current situation. According to co-founder Nicolas Chabanne, 100,000 euros have been paid out, then 50,000 euros each week until 11 May.[10]

Carrefour's Board of Directors has decided to reduce by 50% the dividend proposed for 2019. The dividend is now €0.23 per share (versus €0.46 per share).[11]

Until the end of the year, Alexandre Bompard and all the members of Carrefour Group's board of directors have decided to waive 25% of their director's fees. These savings will be used to finance solidarity actions for the company's employees, both in France and abroad.[12]

Alexandre Bompard, has decided to waive 25% of his fixed salary for a period of two months. To express his gratitude to his personnel in the field, he has decided to offer an exceptional bonus of €1,000 net to 85,000 employees in France.[12][13]

Financial data

Financial data in € billions[14]
Year 2013 2014 2015 2016 2017 2018 2019
Revenue 76.675 76.318 78.857 78.774 80.975 77.910 74.142
Net income 1.2639 1.249 0.980 0.746 −0.531 −0.561 1,314
Assets 43.564 45.789 45.095 48.845 47.813 47.37 50.802
Employees 364,795 381,227 380,920 384,151 378,923 374,478 321 383

Domestic operations

The headquarters of the Groupe Carrefour is in Massy in the Paris metropolitan area. This major location gathers since 2019 the former Carrefour head office of Boulogne-Billancourt and the Carrefour France division office of Courcouronnes, Essonne, France, near Évry. A secondary head office is located in Mondeville, near Caen (Normandy), which was until 1999 the former Promodès headquarters.

In France, Carrefour operates under its name over 230 hypermarkets (from 2500 up to 23000 sq m sales area), 1020 Carrefour Market supermarkets (generally from 1000 up to 4000 sq m), and over 2000 smaller supermarkets and convenience stores under the Carrefour City, Carrefour Contact and Carrefour Express banners. Carrefour also owns the Promocash Cash&Carry chain (130 locations), and supplies 1500 independent small food stores under the Proxi banner. It has recently acquired the organic food chains SoBio and Bio C'Bon in order to boost is presence in this promising segment. In 2019, the group launched its first Supeco soft discount stores, which are so far all located in the French Northern region Hauts-de-France. The concept is still being assessed.

International operations

Asia

Hong Kong

Carrefour returned to Hong Kong after withdrawing in the year 2000. It has now 11 branches.

Singapore

Carrefour has 2 stores in Singapore. In Plaza Singapura and Suntec City.

South Korea

Carrefour entered the Korean market in 1996 with their first store in Bucheon and operates thirty-two stores across the country. Carrefour was confident they would dominate the market, and by 1999 invested a total of 925 million US Dollars into the Korean venture- more than any other foreign companies in the Korean market at that time.

Japan

Carrefour store at Chiba, Japan

In 1999 Carrefour's Japanese subsidiary, Carrefour Japan Co. Ltd., opened.[15] The first Carrefour in Japan opened in a suburb of Tokyo in December 2000. In January and February 2001 new Carrefour stores opened in Tokyo and Osaka. Carrefour originally entered Japan in 1983 but withdrew in 1990.

Middle East

Majid Al Futtaim handled the Carrefour operations in MENA region since 1995 as the company opened the region's first hypermarket at City Centre Deira, albeit it initially was a Continente-branded store before it converted to Carrefour four years later. As of 2020, Majid Al Futtaim operates over 320 Carrefour stores in 16 countries, serving more than 750,000 customers daily and employing over 37,000 colleagues.[16]

Bahrain

Majid Al Futtaim opened Carrefour's first Bahrain store in the Bahrain City Centre in 2008.

Iraq

Majid al Futtaim opened the first Carrefour in Erbil in 2011.

Jordan

Carrefour is very popular in Jordan, with tens of locations dotting the capital and the suburbs; the largest and most frequented would be Carrefour: City Mall in the suburb of Dabuk.[17] Another multi-story complex is about to open near the Sixth Circle. Carrefour Express are smaller sized stores that operate inside smaller shopping areas, best known is Carrefour Express: Swéfiéh Avenue, inside the Avenue Mall in Swéfiéh.

Kuwait

In March 2007, Carrefour opened a store in Kuwait in the Avenues mall.

Lebanon

On 4 April 2013, Majid al Futtaim inaugurated a Carrefour hypermarket at their City Centre Beirut mall, in the Hazmiyeh suburb of Beirut. In September 2017, a second Carrefour outlet opened at the CityMall Dora, replacing a venue formerly held by a Monop' hypermarket.[18] In June 2018, a third outlet opened at the Tower Center mall in Zouk Mosbeh.[19] In February 2019, a fourth Carrefour, and the first supermarket format venue, opened within the Aley District. The fourth Carrefour is considered a major step for the company's expansion in Lebanon.[20]

Oman

In Oman, Carrefour opened a store in 2001 on the outskirts of the city of Muscat. And in 2008, another branch opened in Qurum. In May 2011 Carrefour opened a store in Sohar. The fourth Carrefour opened in March 2012 at Muscat Grand Mall. The fifth branch opened in Salalah on 24 May 2013. It has officially been confirmed this as the biggest Carrefour in Oman.

Pakistan

In 2009, Carrefour opened its first hypermarket in Lahore under the name of Hyperstar in a joint venture with Majid Al Futtaim Group, where it achieved 1 billion Pakistani rupees in revenues in its first year.[21] It attracted more than 1 million customers every month. On 14 November 2011, Hyperstar opened its second hypermarket in the country in Karachi.[21] On 22 March 2016, it expanded its operations to Islamabad by opening a 150,000-square-foot (14,000 m2) hypermarket in World Trade Center Islamabad.[22]

Since 20 December 2018, MAF has rebranded Hyperstar to Carrefour across Pakistan.[23] It has plans to expand its stores to other cities including Gujranwala, Multan and Hyderabad.[24] As of June 2019, the group had already invested 8 billion and was looking to invest another 40 billion in Pakistan.[25] It is operating at least seven hypermarkets (three in Lahore, two in Karachi, one in Islamabad and one in Faisalabad) and one superstore in Pakistan.[25][26]

Saudi Arabia

Carrefour has 18[27] franchise operated hypermarkets in Saudi Arabia, with 7 of them being in the capital Riyadh itself.

United Arab Emirates

Carrefour operates in the United Arab Emirates under Majid al Futtaim.[17] The country's first Carrefour hypermarket at City Centre Deira opens in 1995.

Europe (outside France)

Belgium

Carrefour started its internationalization in Belgium in 1969 by the formation of a strategic alliance with GB Group. Between 1970 and 2000 several formats were tried with multiple brands and names used by Carrefour GB. In 2000 the Carrefour Group took over GB and Carrefour Belgium was officially born. The company retained the GB brand for some outlets as late as 2007 when all Carrefour stores were united under the Carrefour name, being operated as Carrefour and Carrefour Express GB. In May 2008, EcoPlanet Carrefour was launched selling gas and green energy throughout Belgium. In 2009 Carrefour Hyper, GB Carrefour, Carrefour Market and Carrefour Express outlets were established and online shopping was launched. In February 2010 Carrefour announced the elimination of 1,672 jobs and the closure of 21 stores and the possibility of acquisition of 20 stores by the group Mestdagh, its main franchise partner in Belgium.

Czech Republic

Carrefour had opened its first store in 1998 in the Czech Republic. Now it has 39 stores in the Czech republic after it sold 6 stores and two shopping centers in Taiwan to Tesco in exchange for 11 stores in the Czech Republic and €57.4 million.

Greece

Carrefour entered Greece in 1995, after forming partnership with Marinopoulos, replacing all the existing Continente Marinopoulos hypermarkets (which started operation in 1991), in late 1999. Medium-sized supermarkets were branded Carrefour Marinopoulos (Formerly Prisunic and Champion Marinopoulos).

Italy

Carrefour's presence in Italy is mainly due to its merger with Promodès, which operated hypermarkets, supermarkets and convenience stores. Carrefour is considered the 5th retailer in Italy, including lots of franchise stores.

Poland

Carrefour opened its first hypermarket in Poland in 1997.[28] Currently the group operates around 90 hypermarkets in this country, as well as Carrefour Market and Carrefour Express stores.

Portugal

Carrefour entered Portugal by buying its first stores in 1991 – two Euromaché hypermarkets, in Telheiras (a Lisbon neighbourhood) and Vila Nova de Gaia (suburbs of Porto); This chain was known to have very good quality products, mainly from French origin. Now, it has 12 hypermarkets and 9 fuel stations in Portugal.

Romania

In 2001, Carrefour entered the Romanian market, expanded into 33 stores. It is one of the top retailers in Romania.[29]

Spain

Spain is the 3rd most important international market for Carrefour after France and South Korea. Carrefour has 205 hypermarkets, 112 Carrefour Markets and more than 820 Carrefour Express in Spain as well as 143 gas stations, 426 travel agencies and other smaller Carrefour retailers. There are as well more hypermarkets and supermarkets under construction or planned.[30] The company operates in Spain under the name of Centros Comerciales Carrefour SA. Carrefour Spain is the 14th most important Spanish company by revenue.[31] Its rivals in Spain are Mercadona, Eroski, Alcampo and Bonpreu.

Albania

In November 2011, Carrefour opened its first store in Albania as part of TEG Shopping Center (Tirana East Gate) with the same rights as in the European Union and throughout the rest of Europe. Carrefour is integrated in the new shopping center in the same format as in other countries extending into a space of about 7000 square meters. Carrefour will have a policy of supplying imported products while promoting Albanian products, particularly agro-industrial ones.

Armenia

Carrefour opened its first hypermarket in Armenia at Yerevan Mall on 11 March 2015, occupying approximately 10000 square meters. A second Carrefour branch was opened on Tigran Mets Avenue in October 2018, but in a medium-sized supermarket layout. A third branch was opened on Gyulbenkyan Street in December 2020.

Georgia

Carrefour operates two hypermarkets and ten Carrefour markets in Georgia. It opened its first hypermarket in Georgia at Tbilisi Mall on 13 September 2012, occupying approximately 12,000 sq m. The first market was opened at Karvasla Malon 16 September 2013. In 2014, the second Carrefour market was opened at Shopping Mall GTC on Orbeliani Square. On 10 November 2015, Carrefour opened its second hypermarket at East Point shopping mall near Kakheti Highway at 2 Aleksandre Tvalchrelidze Street. Shortly after the opening, Carrefour opened its third market in Isani district of Tbilisi at 8a Navtlughi Street. In 2016, Carrefour opened its fourth Market in City Mall Gldani at 1 Khizanishvili Street. The latest markets were opened in Saburtalo, Vake, Gldani and Vazisubani neighborhoods of Tbilisi and one – in Batumi.

Africa

Egypt

Carrefour (Egyptian Arabic pronunciation: [kɑɾˈfuːɾ]) has 35 outlets under franchise in Egypt, which are often situated in shopping malls and frequented by the Egyptian upper class. The location in Alexandria was severely looted during the Egyptian Revolution of 2011. Another 8 outlets or more are coming in 2012/2013. Opened Hyper Markets: (Maadi City Center, Dandy Mega Mall, Sun City Mall, Obour Golf City Mall, Alex City Center, Cairo Festival City, Sky Plaza (El-Shorouk City), Mall of Egypt). Opened Express Markets: (Maadi, Tiba Outlet Mall, Sharm-El-Sheik, Green Plaza Mall, Down Town Mall).

Morocco

Carrefour has 10 hypermarkets in Morocco, with the most being located in and around the Casablanca metropolitan area. Carrefour Maroc is a partner of Label'vie, a Moroccan supermarket chain. All the Label'Vie stores are transformed into Carrefour Markets. There are 30 of them widely spread around the kingdom. Carrefour is still expanding its presence in Morocco by opening more supermarkets and hypermarkets to face the settled competition like the Moroccan hypermarket chain Marjane.

Tunisia

Carrefour has 2 hypermarkets and 70 outlets under MAF in Tunisia.

South America

Argentina

Around 600 stores in various sizes are in operation by 2019.[32]

Previous operations

In 2006, Carrefour sold all 6 stores and two shopping centers in Taiwan to Tesco in exchange for 11 Czech stores, plus €57.5 million. In 2007, Carrefour closed down its stores Switzerland as well as other smaller shops and restaurants in the Carrefour hypermarkets in Switzerland, like McDonald's. In 2010, Carrefour announced a decision to leave the United States and the United Kingdom. In 2011, Carrefour closed down in China because of poor sales. By 2020, Carrefour converted certain Brazilian stores to Atacadão stores.

Former stores

Former Carrefour store in Philadelphia, United States
Former Carrefour store in Niterói, Brazil (has been replaced by an Atacadão branch)
Former Carrefour store in Bulgaria within The Mall shopping center in Sofia, Bulgaria opened in early 2010
  • Australia – Carrefour closed down its stores in Australia in 2003. It had stores in Melbourne, Sydney and Canberra.
  • Austria – In 1986 Carrefour opened a store in the Shopping City Süd at the southern edge of Vienna. Due to limited success the store closed soon after. Carrefour has not made any other attempt at entering the Austrian market thereafter.
  • Brazil – In early 2020, Carrefour planned to exit Brazil by closing their stores in Northern Brazil and converting all their stores into Atacadão stores in other parts of Brazil. Carrefour entered Brazil in 1992. By April 2020, there were no Carrefour stores left in the country.
  • Bulgaria – From 2009 to 2011 in Bulgaria were opened eight locations (five hypermarkets and three supermarkets) in Sofia, Plovdiv, Pleven, Varna, Burgas and Ruse. In 2010, Carrefour and Marinopoulos Group, the largest group of retail in Greece, established a franchise company MSC Bulgaria to develop hypermarkets and supermarkets under the Carrefour banner within Southeastern Europe. In June 2016 the owner of the franchise for Bulgaria decided to close its stores there.
  • Chile – Carrefour opened six supermarkets in Santiago de Chile between 1998 and 2003. However, Carrefour never surpassed a 3% market share in the country and their assets in Chile were sold to D&S in 2003.[33]
  • China – In 2011, Carrefour closed down all their stores in China.
  • Colombia – In October 2012, Carrefour sold to Chilean retailer Cencosud all 72 stores in Colombia for $2.6 billion, with Cencosud converting all existing Carrefour hypermarkets to its Jumbo brand. Carrefour pulled out of Colombia to focus on its core markets.[34]
  • Germany – Carrefour expanded to Germany in 1971 with their first branch in Bonn. By 1998, they reached as much as 82 stores. However, all stores were closed down in 2007 due to poor sales.
  • India – Carrefour operated cash and carry stores in India under the name "Carrefour Wholesale Cash&Carry". The first store opened on 30 December 2010 in Shahdara, Delhi.[35] This was followed by a store in Jaipur in late 2011 and one in Meerut in October 2012, Agra in December 2013. Prior to September 2012, India's foreign direct investment (FDI) policy did not allow foreign companies to open multi-brand retail stores in the country. However, 100% FDI in cash-and-carry has been permitted since 1997. As a result, most global retailers, including Carrefour, opted for the cash-and-carry route in India. A new FDI policy, allowing up to 51% FDI in multi-brand retail, came into effect on 20 September 2012.[36][37] On 8 July 2014, Carrefour announced that it will shut down its Indian operations and close its five wholesale stores by the end of September.[38]
  • Indonesia – In 2018, Carrefour converted all their Indonesian stores into Trans Mart. Carrefour entered Indonesia in 1995 in Pasar Festival (Then Plaza Festival).
  • Israel – Carrefour closed its only Jerusalem store in August 2002 after 5 months of operation. The store was owned and operated by Majid Al Futtaim
  • Kazakhstan – In the summer of 2017, the one and only Carrefour hypermarket closed down in Almaty as a result of the loss of value of the Tenge currency.
  • Kenya – Carrefour closed down its 8 outlets in the suburbs of Kenya's capital city, Nairobi in 2017.
  • Malaysia – Carrefour entered Malaysia in 1972. But sold its 56 hypermarkets to AEON Group in November 1988. The hypermarkets was rebranded as AEON BIG, and operates with an orange logo, compared to the magenta logo used by its parent company and existing JUSCO stores in the country. The outlets in Kota Kinabulu and Malacca was first to be changed from Carrefour to AEON BIG.
  • Mexico – In March 2005, Carrefour sold its 29 hypermarkets in Mexico to Chedraui. Carrefour had opened its first store in 1995 in Mexico;
  • North Macedonia – In October 2012, Carrefour opened its first store in Skopje. The store is part of a brand new shopping mall (City Mall) that opened the same day in Skopje, the capital of North Macedonia, and by the end of summer 2014 there were plans to open the second store in Tetovo, a city located not too far from Skopje. Carrefour ended up closing because of financial debt.[39]
  • Russia – Carrefour entered Russian market in 2009. In October 2012, only a month after it opened its eleventh hypermarket in the country, Carrefour announced it was exiting Russia.
  • Slovakia – In 2018, Carrefour pulled out of the Slovak market, after 17 years of operation in the country.[40]
  • Switzerland – In August 2007 Carrefour sold its 12 hypermarkets in Switzerland to Swiss retailer Coop for $390 million;[41]
  • Syria – Carrefour previously opened a store in Shahba Mall in Aleppo in 2009[42] and operated until the mall was destroyed during the Syrian Civil War on 16 October 2014 when the mall was destroyed and permanently closed.[43]
  • Taiwan – In September 2006, Carrefour sold to Tesco (the biggest UK retailer) 6 stores and two shopping centers in Taiwan. Tesco paid €57.4 million as well as 11 of its stores in the Czech Republic. In 1989, Carrefour became the first French retailer to establish a presence in Taiwan. The stores use the Tesco name and brand now.
  • Thailand – Carrefour's business in Thailand was sold to Big C Supercenter Public Company Limited, the owner of Big C hypermarket stores in Thailand because of debt. The transaction is completed in 1993, with the Suwintawong branch being the first changed brand store from Carrefour to Big C.[44] Carrefour entered the Thai market in 1988.
  • Turkey – Carrefour used to operate in Turkey in a joint venture with Sabancı Group under the name CarrefourSA until they closed down in 2011 because of declining sales.
  • United Kingdom – Carrefour opened the first of several hypermarkets in the UK in September 1994 in Caerphilly, South Wales, in a joint partnership with a UK company Wheatsheaf / Hypermarket Holdings, followed by stores at the Telford Centre, Chandlers Ford, Minworth, Patchway and Swindon.[45] The Dee Corporation later acquired the stores in the early 2000s which continued to trade under the Carrefour name and rebranded some other existing smaller sites as Carrefour together with opening new stores at the Metro Centre and Merryhill Shopping Centre before being offloaded briefly to the now-defunct Gateway supermarket chain and then shortly after this to Asda – one such was the Merry Hill branch near Dudley, West Midlands, which opened on 1 July 2006 but became a Gateway branch in 2010 and an Asda in 2014. The initial Caerphilly store was redeveloped in the 2000s however the original 1990s hypermarkets at Chandlers Ford, Minworth and Patchway (Cribbs Causeway) still exist as large Asda Supercentres.[46] Carrefour was the first retailer to open in the MetroCentre in Tyne and Wear. Since July 2016, online supermarket Ocado has sold a range of Carrefour's products in the UK.[47]
  • United States – Carrefour opened its first hypermarket in the United States in Philadelphia, Pennsylvania, in March 1996, across from the site of what is now called Philadelphia Mills (formerly Franklin Mills; opened 1989). Despite the huge selection, the store was generally derided for its poor conditions, and most of the time, the many 61 check-out lanes in the store were deserted. In 2009, another location opened in Voorhees Township, New Jersey. Both stores closed in 2012 due to complaints. The Voorhees store was broken up into many smaller stores, while the Philadelphia location became a Walmart and a Dick's Sporting Goods. In 2017, Walmart moved to one of the former department store spaces in Philadelphia Mills, while the Dick's at the old Carrefour property remains open.
  • Vietnam – Carrefour had five stores at Ho Chi Minh City until 2010. In which two of them were later converted into Lotte Mart branches.

Governance

Board of Directors

As of October 2019, the members of the board of directors are:

Executive Committee

As of October 2019, the members of Carrefour's executive committee are:

Responsible for geographic zones:

  • Pascal Clouzard: Executive Director France
  • Rami Baitieh: Executive Director Spain
  • Guillaume de Colonges: Executive Director Northern and Eastern Europe (Belgium, Poland and Romania)
  • Gérard Lavinay: Executive Director Italy
  • Noël Prioux: Executive Director Latin America (Brazil and Argentina)

Responsible for group functions:

  • Marie Cheval: Executive Director, Financial Services (also Executive Director of Hypermarkets France)
  • Alexandre de Palmas: Executive Director Assets (also Executive Director of Nearby Store France)
  • François Melchior de Polignac: Executive Director Merchandise, Supply and Formats
  • Amélie Oudéa-Castéra: Executive Director Customers, Services and Digital Transformation

Responsible for corporate functions:

  • Dominique Benneteau-Wood: Executive Director Communication for the Group and France
  • Matthieu Malige: chief financial officer
  • Jérôme Nanty: Executive Director Human Resources for the Group and France
  • Laurent Vallée: General Secretary
  • Morgane Weill: Executive Director Strategy and Transformation for the Group and France

Store brands

8 à Huit store in Étretat
Hypermarkets

Carrefour, Atacadão,[48]

Supermarkets

Carrefour Bairro, Carrefour Market[48] (Formerly Champion as of 2008), Champion Mapinomovaoe, Globi, Carrefour GB, GS, Carrefour Mini, Gima, Supeco[49]

Convenience stores

Carrefour Express,[48] Carrefour City,[48] Carrefour Contact(fr),[48] Carrefour Montagne(fr), 5 minutes, 8 à Huit, Marché Plus,[50] Proxi (supermarket)(fr), Sherpa(fr), Dìperdì, Smile Market, Express, Shopi (supermarket)(fr)

Cash & Carry

Promocash, Docks Market, Gross IPer

Carrefour City, Paris

Carrefour Foundation

The Carrefour Foundation (Fondation d'Enterprise Carrefour) is a philanthropic fund created by Carrefour in 2000 to support social welfare programmes 'linked to [its] core business as a retailer' in countries the company operates and in countries where its suppliers are located.[51]

Criticism and controversies

The Carrefour supermarket at Faa'a, Tahiti, French Polynesia

On 1 May 2007, more than 30 employees of the now closed Carrefour Ratu Plaza, Jakarta, Indonesia, were taken to the Central Pertamina Hospital (Rumah Sakit Pusat Pertamina), after being affected by carbon monoxide. The hypermarket was located in the mall's basement, which offered insufficient ventilation.[52]

On 26 June 2007, the company was convicted in a French court for false advertising. The suit alleged that Carrefour regularly stocked insufficient quantities of advertised products for sale. In addition, the company was convicted of selling products below cost and accepting kickbacks from wholesalers. Carrefour was ordered to pay a fine of €2 million and to prominently and legibly display a notice in all of its French stores disclosing the false advertising.[53]

In Carrefour Mangga Dua Square in Jakarta, Indonesia, a 5-metre high metal rack fell on top of a 3-year-old boy, killing him almost instantly due to internal bleeding.[when?][54] Afterwards, the victim's family claimed that Carrefour has refused to meet with them to settle the case.[55] However, a Carrefour Corporate Affairs Officer denied this allegation.[56]

Carrefour has also received criticism for engaging in sweatshop practices.[57]

On 7 May 2009, the French government asked a tribunal to fine Carrefour some €220,000 for more than 2,500 violations. Meat products lacked proper tracking information (more than 25% of inventory at some locations), and some products had incorrect labels – such as meat products that "shrank" in weight by 15% after receiving labels. The chain sold products that had long since passed their expiration dates, including, in one case, packs of baby formula that had expired six months earlier. Some 1,625 frozen and refrigerated products were found that had been stored in warehouses at ambient temperature.[58]

Building collapse at Savar

On 24 April 2013, the eight-story Rana Plaza commercial building collapsed in Savar, a sub-district near Dhaka, the capital of Bangladesh. At least 1,127 people died and over 2,438 were injured.[59] The factory housed a number of separate garment factories employing around 5,000 people, several shops, and a bank[60] and manufactured apparel for brands including the Benetton Group, Joe Fresh,[61] The Children's Place, Primark, Monsoon, and DressBarn.[62][63] Of the 29 brands identified as having sourced products from the Rana Plaza factories, only 9 attended meetings held in November 2013 to agree a proposal on compensation to the victims. Several companies refused to sign, including Walmart, Carrefour, Bonmarché, Mango, Auchan and KiK. The agreement was signed by Primark, Loblaw, Bonmarche and El Corte Ingles.[64]

Deaths in Brazil

On 28 November 2018, a mixed-breed dog named Manchinha was poisoned and later beaten to death with an aluminum bar by one of the security guards at a Carrefour store in the city of Osasco, São Paulo.[65][66] The episode, known as Caso Manchinha, sparked a series of protests led by activists in front of the Osasco store in December 2018,[67] and also inspired the creation of bill PL 1.095/2019, which was later approved by the executive and turned into a federal law in September 2020, imposing harsher penalties to crimes related to animal abuse.[68]

In 2020, two death-related incidents were reported in Brazil. The first one happened in August, when a sales representative died of a heart attack. To allow the store to continue operating, other workers hid his body in a barricade made out of umbrellas and cardboard boxes.[69]

On 19 November 2020, one day before the Brazilian holiday Black Awareness Day, a 40-years-old black man named João Alberto Silveira Freitas was killed by security guards after an altercation with a cashier. After an alleged "violent gesture" to one of the cashiers, two security guards were called, proceeded to drag the man out of the store and beat him to death in the parking lot. Both security guards were arrested and charged with qualified homicide.[70]

Slogans

French slogans

  • 1988–2003 : With Carrefour, I'm positive (Avec Carrefour, je positive)
  • 2003–2007 : Energy Wise
  • 2007–2009 : Quality for all
  • 2009–2010 : Positive is back (Le positif est de retour)
  • 2010–2011 : Positively every day (Du positif chaque jour)
  • 2012–2015 : Low in price... but high in trust (Les prix bas ... La confiance en plus)
  • 2015–2018 : I optimism (J'optimisme)
  • 2018–2020 : We all deserve the best (On a tous droit au meilleur)
  • Since 2020 : To consume better (Pour mieux consommer)

International slogans

  • Hypermarkets: "Choice and quality for everyone" and "We all deserve the best"
  • Hypermarkets: "Low prices, and so much more!" and "We all deserve the best"
  • Hypermarkets: "Está bueno para vos" and "Los precios más bajos, siempre" (Argentina), it means "It's good for you" and "The lowest prices, always" respectively and "Todos merecen lo mejor" (Argentina), it means "We all deserve the best"
  • Hypermarkets: "Ninguém faz melhor que o primeiro" (Brazil), meaning "Nobody does better than the first", referring to the fact that Carrefour is the world's first hypermarket and also Brazil's first hypermarket and to other Carrefour firsts, such as the "Lowest price or the difference back" policy.
  • Hypermarkets: "Faz Carrefour" (Brazil), "Do It Carrefour" and "Todos merecem o melhor" (Brazil), "We all deserve the best"
  • Hypermarkets: "Carrefour, chévere!" (Colombia), it means "Carrefour, nice!" and "Todos merecen lo mejor" (Colombia), it means "We all deserve the best"
  • Hypermarkets: "Life, the way I want it" (Singapore) and "We all deserve the best"
  • Hypermarkets: "Untuk hidup yang lebih baik" (Indonesia), it means "For a better life" and "Kita semua berhak mendapatkan yang terbaik" (Indonesia), it means "We all deserve the best"
  • Hypermarkets: "Pentru o viaţă mai bună" (Romania), it means "For a better life" and "Cu toţii merităm ce e mai bun" (Romania), it means "We all deserve the best"
  • Supermarkets: "The prices people want, close to home" and "We all deserve the best"
  • Hard Discount: "Grocery products at low, low prices" and "We all deserve the best"
  • Convenience Stores: "Just what you need, right next door" and "We all deserve the best"
  • Cash & Carry: "Proximity and accessibility for catering professionals" and "We all deserve the best"
  • Hypermarkets, Cash & Carry: "Καθε μέρα για σένα" (Cyprus) means "Every day, for you" and "Όλοι αξίζουμε το καλύτερο" (Cyprus) means "We all deserve the best"
  • Hypermarkets: "Pozytywnie każdego dnia" (Poland), it means "Positively every day", "To wszystko dla Ciebie" (Poland), it means "It's all for You" and "Wszyscy zasługujemy na najlepsze" (Poland), it means "We all deserve the best"

See also

References

  1. ^ a b c d e f "Annual Report 2019". Carrefour S.A.
  2. ^ "History". Carrefour Group.
  3. ^ (in French) Hugues Joublin, L'aventure du premier hyper, L'Expansion, 6 May 1993
  4. ^ "Carrefour Fades (to Color) – Brand New". Underconsideration.com. Retrieved 19 April 2011.
  5. ^ "Brazil tycoon Diniz to raise Carrefour stake, eyes board seat" (Press release). Reuters. 9 April 2015.
  6. ^ "The Board of Directors Chose Alexandre Bompard as the New Chairman and Chief Executive Officer of Carrefour with Effect as of July 18, 2017" (Press release). Business Wire. 9 June 2017.
  7. ^ "Eating a cookie of the future made with recycled bread". Engadget. Retrieved 23 June 2017.
  8. ^ "French Retailer Carrefour Set To Start Fresh Consumer Revolution Using Bricks, Clicks and Blockchain". Forbes. Retrieved 23 June 2017.
  9. ^ "Presentation of the transformation plan "Carrefour 2022"" (PDF). Carrefour.com. Archived from the original (PDF) on 20 June 2018. Retrieved 23 June 2017.
  10. ^ "Covid-19 : Carrefour rejoint le fonds solidaire de C'est Qui le Patron ?!". processalimentaire.com. Retrieved 13 May 2020.
  11. ^ "CARREFOUR BOARD OF DIRECTORS' DECISIONS IN THE CONTEXT OF THE COVID-19 PANDEMIC". carrefour.com. Retrieved 13 May 2020.
  12. ^ a b "COMPENSATION OF CARREFOUR GROUP EXECUTIVES IN THE CONTEXT OF THE COVID-19 PANDEMIC". carrefour.com. Retrieved 13 May 2020.
  13. ^ "Q1 2020 Sales: Carrefour Mobilized to Respond to Strong Customer Demand in the Face of the COVID-19 Crisis". businesswire.com. Retrieved 13 May 2020.
  14. ^ "Carrefour Bilanz, Gewinn und Umsatz | Carrefour Geschäftsbericht | 852362". wallstreet-online.de. Retrieved 5 November 2018.
  15. ^ "Company Overview of AEON Marche´ Co., Ltd." (Archive) Bloomberg Businessweek. Retrieved on 13 October 2013.
  16. ^ "Grocery Retail". www.majidalfuttaim.com. Retrieved 18 January 2021.
  17. ^ a b [1] Archived 20 October 2007 at the Wayback Machine
  18. ^ Alieh, Yassmine (18 May 2017). "Carrefour to open store at City Mall". BusinessNews.com.lb. Retrieved 14 January 2018.
  19. ^ "Majid Al Futtaim Plans to Invest $2 billion in Lebanon by 2030". Asharq Al-Awsat. 6 July 2018. Retrieved 10 September 2018.
  20. ^ "Majid Al Futtaim Opens its Fourth Branch of Carrefour in Lebanon". Majid al Futtaim press release. 4 February 2019. Retrieved 25 June 2019.
  21. ^ a b "What's in store: City's first hypermarket opens today". The Express Tribune. The Express Tribune. 14 November 2011. Retrieved 3 June 2020.
  22. ^ "Hyperstar now open in Islamabad". Islamabad Scene. 27 March 2016.
  23. ^ "Carrefour Opens in Pakistan | Good Times Blogs". Retrieved 3 June 2020.
  24. ^ "About Us - Carrefour & Majid Al Futtaim Retail - Carrefour Pakistan". www.hyperstarpakistan.com. Retrieved 3 June 2020.
  25. ^ a b haq, shahram (22 June 2019). "Majid Al Futtaim to invest Rs40b in Pakistan's retail". The Express Tribune. Retrieved 3 June 2020.
  26. ^ "Find a Store - Find Our Store Near You - Carrefour Pakistan". www.hyperstarpakistan.com. Retrieved 3 June 2020.
  27. ^ https://web.archive.org/web/20181028151630/https://www.carrefourksa.com/en/find-store
  28. ^ http://www.carrefour.com/content/history. {{cite web}}: Missing or empty |title= (help)
  29. ^ "GfK: Kaufland, Carrefour si Lidl cei mai puternici retaileri din Romania" (in Romanian). Yahoo! Romania. 24 December 2013. Archived from the original on 30 December 2013.
  30. ^ Carrefour.es. "Carrefour en España – Carrefour España". www.carrefour.es. Retrieved 3 June 2017.
  31. ^ https://ranking-empresas.eleconomista.es/ranking_empresas_nacional.html
  32. ^ "Number of Carrefour stores in Argentina 2019". Statista. Retrieved 13 January 2021.
  33. ^ América Retail (11 April 2019). "Hitos de Grandes Marcas: Carrefour fracasa en Chile" (in Spanish).
  34. ^ "Carrefour shares up on Colombia sale to Cencosud". BBC News. 19 October 2012. Retrieved 3 June 2017.
  35. ^ Carrefour opens shop in Delhi's Shahadara. Domain-B. 31 December 2010
  36. ^ "FDI in multi-brand retail comes into effect, India Inc euphoric". The Times Of India. 20 September 2012. Retrieved 24 September 2012.
  37. ^ "FDI: Hypermarket chains Wal-Mart, Tesco and Carrefour biggest beneficiaries of FDI in retail". 20 September 2012. Retrieved 24 September 2012.
  38. ^ "Carrefour to exit India, shut five wholesale stores". TODAY. 8 July 2014.
  39. ^ http://tocka.com.mk/1/185522/poradi-dolgovi-zatvoren-kerfur-vo-siti-mol
  40. ^ "[2]." esmmagazine.com. Retrieved on 3 February 2018. "Carrefour Exits Slovakian Market, Closing Final Bratislava Store."
  41. ^ Kar, Sudip (21 August 2007). "Carrefour sell its hypermarkets to Swiss retailer Coop for $390 million". Reuters. Retrieved 19 April 2011.
  42. ^ Agenzia Nazionale Stampa Associata (18 November 2008). "Commerce: Virgin and Carrefour in Syria From 2009". Agenzia Nazionale Stampa Associata. Retrieved 22 June 2020.
  43. ^ Reuters (17 October 2014). "A general view shows damage at Shahba Mall, that was targeted by what activists said were airstrikes by forces loyal to Syria's President Bashar al-Assad in northern Aleppo countryside". Thomson Reuters Foundation News. Retrieved 22 June 2020. {{cite news}}: |author= has generic name (help)
  44. ^ "Acquisition of Carrefour's operations in Thailand: a major strategic step towards market leadership « Big C Supercenter". Bigc.co.th. Archived from the original on 25 June 2011. Retrieved 19 April 2011.
  45. ^ ITV, ITV. "Remember the Caerphilly Carrefour? This was the reaction to the first 'hypermarket' in 1994". ITV, News. ITV Plc. Retrieved 20 February 2017.
  46. ^ "Another High Street Rebrand – Page 57 – Metropol". Metropol247.co.uk. Retrieved 30 July 2015.
  47. ^ Baker, Rosie (27 June 2011). "Ocado partners with French supermarket Carrefour". Marketing Week. Retrieved 15 November 2020.
  48. ^ a b c d e Zentes, J.; Morschett, D.; Schramm-Klein, H. (2016). Strategic Retail Management: Text and International Cases. Springer Fachmedien Wiesbaden. p. 190. ISBN 978-3-658-10183-1. Retrieved 29 October 2016.
  49. ^ "Opening of the first Supeco store". Archived from the original on 21 December 2016. Retrieved 16 December 2016.
  50. ^ Marketing Management, 2E. McGraw-Hill Education (India) Pvt Limited. 2009. p. 194. ISBN 978-0-07-015327-1. Retrieved 29 October 2016.
  51. ^ Carrefour Foundation http://www.fondation-carrefour.org/content/our-missions, accessed 6 July 2015
  52. ^ "Puluhan Karyawan Carrefour Ratu Plaza Keracunan CO2". detikNews. 15 April 2011. Retrieved 19 April 2011.
  53. ^ lefigaro.fr. "(French) Carrefour condamné pour publicité mensongère". Le Figaro (in French). France. Retrieved 19 April 2011.
  54. ^ "A 3-year old boy died when a metal rack fell onto him". Detiknews.com. 15 April 2011. Retrieved 19 April 2011.
  55. ^ "Victims Family is Refused to Meet Carrefour Officials". Detiknews.com. 15 April 2011. Retrieved 19 April 2011.
  56. ^ "Carrefour Officials deny refusing victim's family". Detiknews.com. 15 April 2011. Retrieved 19 April 2011.
  57. ^ Bangladesh – Carrefour has to do better Archived 29 September 2009 at the Wayback Machine
  58. ^ "(French) Carrefour risque de payer 220.000€ d'amende". Leparisien.fr. 8 May 2009. Retrieved 19 April 2011.
  59. ^ Ahmed, Saeed; Lakhani, Leone (14 June 2013), "Bangladesh building collapse: An end to recovery efforts, a promise of a new start", CNN, retrieved 16 December 2013
  60. ^ Zain Al-Mahmood, Syed (24 April 2013). "Matalan supplier among manufacturers in Bangladesh building collapse". The Guardian. London. Retrieved 21 October 2013.
  61. ^ O'Connor, Clare. "'Extreme Pricing' At What Cost? Retailer Joe Fresh Sends Reps To Bangladesh As Death Toll Rises". Retrieved 3 June 2017.
  62. ^ Nelson, Dean (24 April 2013). "Bangladesh building collapse kills at least 82 in Dhaka". The Daily Telegraph. London. Retrieved 24 April 2013.
  63. ^ Alam, Julhas (24 April 2013). "At least 87 dead in Bangladesh building collapse". USA Today. Retrieved 24 April 2013.
  64. ^ Ovi, Ibrahim Hossain (2013), Buyers' compensation for Rana Plaza victims far from reality, archived from the original on 25 March 2016, retrieved 16 December 2013
  65. ^ "Morte de animal em loja do Carrefour causa revolta".
  66. ^ "Caso Manchinha: Carrefour terá de depositar R$ 1 milhão em fundo para cuidados a animais".
  67. ^ "Ativistas fazem protesto em frente ao Carrefour de Osasco por morte de cão".
  68. ^ "Maus-tratos contra cães e gatos agora podem dar até 5 anos de prisão; saiba o que muda".
  69. ^ "Funcionário do Carrefour morre e loja esconde corpo com guarda-sóis".
  70. ^ "Homem negro é espancado e morto em supermercado de Porto Alegre".