Carrefour Group is the first French retailer to obtain the national anti-waste label launched by the national government earlier this month to showcase industry adherence to statutory regulations for food waste reduction.
An anti-food waste pact has been signed by more than 40 food players in France, including Nestlé, Danone, Carrefour, and Intermarché. The agreement aims to collectively reduce ‘best before’ and ‘use by’ date confusion on-pack.
Carrefour has applied blockchain technology from local dairy farm to supermarket shelf, which it says enhances traceability and connects the consumer to ‘the agricultural world’.
The Federation of Coeliac Associations of Spain (FACE) has pledged to use the European licencing system Espiga Barrada (the Crossed Grain Trademark) from 2020.
French retailer Carrefour has launched what it claims is France's first private label range of vegetarian products - which could spur other brands to occupy this relatively undeveloped space, says a market analyst.
Carrefour's end of year results reveals mixed messages for the
French retailer, with like for like sales dropping by 4.9 per cent
in the fourth quarter.
Europe's largest retailer Carrefour has signed a €6m deal to open
its first supermarket chain in Cyprus, following the firm's
successful entry into the island's cash and carry market last year.
Europe's largest retailer Carrefour has announced plans to invest
€82m in Romania, following the purchase of key land sites in the
country and the recent acquisition of the Hyperlo chain.
French retail giant Carrefour yesterday announced an 8.5 per cent
rise in second quarter like-for-like sales, as the firm strengthens
its domestic position through in-store makeovers and competitive
pricing.
Retail giant Carrefour has vowed to adapt store formats to fit
localised catchment areas, after a year-long Spanish supermarket
trial has revealed the potential of neighbourhood discount stores.
The European Commission has cleared Carrefour's outright purchase
of rival French chain Hyparlo, following an investigation into the
supermarket's anti-competitive behaviour.
The world's second largest supermarket has announced disappointing
year-end results amid restructuring and an ambitious growth
strategy - causing the firm's retail ratings to tumble.
Foreign retailers eyeing China may be tempted by the alleged sale
of Trust-mart, the country's largest foreign-owned retailer, but
with a $2 billion price tag only global leaders need apply.
French retail chain Carrefour has translated overseas success into
a total year-end sales growth of 6.1 per cent - a pattern echoed
across the European food industry.
Talks between global retail giant Carrefour and its suppliers are
underway as new French legislation governing backroom deals and
pricing strategy hits the statute books.
Global retail giant Carrefour has issued €750 million worth of
bonds to refinance debts, suggesting that the company is still
struggling under European market pressure.
Suppliers to Carrefour will continue to be limited on what they can
charge for their products as the world's second largest retailer
fights to boost flagging sales across most of Europe.
Leading French retail chain Carrefour France has launched a range
of alternative packaging formats to the tin can for processed
vegetables, signifying another move away from traditional methods
of packaging. Anthony Fletcher reports.
Guyenne & Gascogne has by and large benefited from its alliance
with larger counterpart Carrefour over the years, but in today's
climate of weak consumer spending, the French company is suffering
a result of its focus on...
Being the biggest does not mean being the best, it appears.
Europe's largest food retailer Carrefour has announced that it will
not meet its sales targets for 2004 after a second poor quarter
from its French hypermarket division.
Auchan, the French retail group, has reported remarkably good
figures for 2003 despite its reliance on its home market, where low
levels of consumer spending have impacted sales at a number of its
rivals.
Guyenne & Gascogne, the French retail group which operates a
number of stores under the Carrefour banner, suffered the same
downturn in sales at its French outlets in 2003 as the larger group
under whose fascia it trades - and...
Carrefour might be Europe's biggest food retailer, but even it is
not immune to the continued weakness of the economy in its home
market. The ongoing drop in French consumer purchasing power has
forced the company to invest heavily...
A decision this week by the Chinese government to lift restrictions
on foreign investment in the retail sector is likely to lead to a
rise in the number of companies seeking a share of the huge Chinese
market. But with the authorities...
The decision by French retail group Guyenne & Gascogne to
rapidly amortise the goodwill it accumulated as part of its
investment in Spanish company Centros Comerciales Carrefour has
paid dividends, allowing the company to post...
Carrefour, the French retail giant, said that it met its profits
growth targets for 2003 but that it was raising the bar even higher
in 2004 as it revamped its French operations and continued its
worldwide expansion.
Reports in today's press suggest that Europe's biggest retail group
Carrefour is about to sell off its online shopping arm Ooshop - a
move prompted by the continued losses at the business.
Sluggish market conditions in France were weathered well by
Hyparlo, the Carrefour franchise operator, in 2003. And a strong
progression in Romania, helped by store openings there, gave an
extra boost to results.
Carrefour,
Europe's biggest food retailing group, has continued to prove that
growth can be achieved by companies with a major international
spread despite ongoing currency exchange rate concerns.
Europe's largest food retailer Carrefour has followed its decision to withdraw
from the race to acquire Ahold's Brazilian assets with a further
reduction in its presence in Latin America.
Carrefour is Europe's largest food retailer and the world's second
largest after Wal-Mart, with operations across the globe. But the
one blot on its otherwise impressive copybook in recent years has
been its relative inability...
Carrefour is reported to have pulled out of the race to buy Ahold's
supermarket assets in Brazil, leaving Wal-Mart of the US and local
market leader CBD as the sole bidders. Carrefour will focus on
organic growth in the Brazilian...
Carrefour is to focus on its popular hypermarket format in
Thailand, even though new governement regulations there could make
it harder to expand in the future. The group hopes to open four
outlets there in 2004, taking its total...
Carrefour, the world's number two retailer, has made no secret of
its ambitious expansion programme, and with new stores giving a
significant boost to third quarter sales, the company's strategy
cannot be faulted - especially...
Carrefour is to expand its business in South Korea and Japan, two
markets where the phenomenally successful retailer has struggled to
make money in recent years. But will the focus on different store
formats, better adapted to the...
Guyenne and Gascogne, the French retail group, has continued to
improve its sales and profits in the first half of 2003, building
on the major advances made in the first six months of last year.
Europe's biggest food retail group Carrefour has reported sales
growth of 1.3 per cent for the first half of 2003, even after the
impact of negative currency exchanges. Second quarter sales grew at
current rates for the first...
Carrefour's stores in nine of Spain's autonomous regions have been
accused of selling a range of wine, beer and spirits at less than
cost price, a practice which is illegal under Spanish competition
rules.
The two franchise operators for the Carrefour retail group had
differing performances in the first half. Guyenne & Gascogne
showed solid growth during the six months, while Hyparlo's sales
suffered as a result of the disposal...
The two leading franchise operators of Carrefour stores, Hyparlo
and Guyenne & Gascogne, have reported contrasting first quarter
sales. Hyparlo was affected by the sale of its Italian unit, while
G&G was boosted by solid performances...
Guyenne & Gascogne, the retail group which is the leading
franchise holder for Carrefour in France, has reported a solid
increase in sales for 2002 helped by store expansions and synergies
created by Carrefour's 2000 merger...
Carrefour's Spanish unit Dia has acquired 38 supermarkets from
troubled company El Arbol for an undisclosed sum. The French
company has also unveiled plans to step up its investments in
Brazil.
Carrefour, the leading French food retailer, has operations in many
other countries, three of which have reported growth this month. In
Spain, sales grew 9 per cent, while in Greece the company posted a
16 per cent increase. Carrefour's...
Europe's biggest supermarket group Carrefour has reported a 15 per
cent increase in pre-tax profits in 2002 and said it had met its
target for sales growth - albeit when currency devaluations are
ignored.
The devaluation of the Brazilian and Argentine currencies has taken
its toll on full-year sales at French retailer Carrefour, but the
company has maintained its profit forecast as a result of steady
growth in sales at constant exchange...
