Carrefour S.A. (French pronunciation:[kaʁfuʁ]) is a French multinational retailer headquartered in Boulogne Billancourt, France, in the Hauts-de-Seine Department near Paris. It is one of the largest hypermarket chains in the world (with 1,452 hypermarkets at the end of 2011), the fourth largest retail group in the world in terms of revenue (after Wal-Mart, Tesco and Costco), and the third in profit (after Wal-Mart and Tesco). Carrefour operates mainly in Europe, Argentina, Bahrain, Brazil, China, Dominican Republic, Iran, United Arab Emirates, Jordan, Qatar, Lebanon, Kuwait and Saudi Arabia, Pakistan, but also has shops in North Africa and other parts of Asia, with most stores being of smaller size than hypermarket or even supermarket. Carrefour means "crossroads" and "public square" in French. Previously the company head office was in Levallois-Perret, also in the Paris suburbs. The company is a component of the Euro Stoxx 50stock market index.
The first Carrefour store opened on 1 January 1958 in suburban Annecy near a crossroads (carrefour in French). The group was created by Marcel Fournier, Denis Defforey and Jacques Defforey and grew into a chain from this first sales outlet. In 1999 it merged with Promodès, known as Continent, one of its major competitors in the French market.
Carrefour (Haitian Creole:Kafou; pronounced:[kafu]) is a largely residential commune in the Port-au-Prince metropolitan area. The city had a population of 373,916 at the 2003 Census, and was officially estimated to have grown to 511,345 inhabitants in 2015. It is mostly a bedroom community for those who work in central Port-au-Prince. The neighborhood is very poor and ill-serviced, however, as of recently, small-scale construction has gone on in the area along with street renovations.
Ahmed Ramzan/Gulf News... Ahmed Ramzan/Gulf News ... Yes, Carrefour is tapping Artificial Intelligence to power its new concept of ‘Micro Fulfilment Centre’, the first of which is located within its Ibn Battuta Mall location ... Ahmed Ramzan/Gulf News ... Ahmed Ramzan/Gulf News ... Ahmed Ramzan/Gulf News ... Ahmed Ramzan/Gulf News ... Ahmed Ramzan/Gulf News.
https.//www.businesswire.com/news/home/20210225006096/en/. Carrefour first launched Simbe’s Tally robot in September 2019, utilizing its real-time product availability, placement, and pricing data to ensure shelves are stocked and planograms correctly executed ... About Carrefour ... http.//www.businesswire.com/news/home/20210225006096/en.
Indeed when Carrefour boss Alexandre Bompard first met Couche-Tard Chairman Alain Bouchard face to face, on Jan ... Alexandre Bompard, CEO of French retailer Carrefour, poses before a news conference in La Defense near Paris ... Alexandre Bompard, CEO of French retailer Carrefour, poses before a news conference in La Defense near Paris.
"We regret to learn that Couche-Tard will not be moving forward with their investments in the French companyCarrefour, but are encouraged by the news that Couche-Tard and Carrefour will explore an operational partnership," CanadianTrade MinisterMary Ng wrote on Twitter. .
Couche-Tard, which operates internationally under Circle K and other brands, had on Wednesday submitted a non-binding offer for Carrefour, valuing the group at more than 16 billion euros ($19.5 billion) ... "We are however encouraged by the news that Couche-Tard and Carrefour will continue to explore an operational partnership," Ng said.
The entrance of a Carrefour supermarket in Rosny-sous-Bois on Nov ... Shares in Carrefour, France’s biggest supermarket group, rose as much as 11% on Wednesday, after Canada’sAlimentation said it was in early-stage takeover talks ... Either way, analysts at Citi think, whatever the outcome, it’s good news for Carrefour investors.
Couche-Tard, which is mainly focused on gas stations in North America, would be entering virgin territory with Carrefour... Carrefour, which described the approach as “friendly”, said talks were preliminary, but the news sent its shares up 13.6% to 17.53 euros by 1113 GMT.
On the surface, Alimentation Couche-Tard ’s interest in French grocery chain Carrefour looks odd ... Buying Carrefour would be a surprising pivot ... As a multiple of projected earnings before interest, taxes, depreciation and amortization, Carrefour’s enterprise value—market value plus net debt—was six times before news of the approach broke.
Couche-Tard said that it has started “exploratory discussions” on a friendly deal with Carrefour, confirming an earlier Bloomberg News report ... A Carrefour flag flies over a store in Montpellier, France, on March 28, 2019 ... Representatives for Carrefour could not immediately be reached for comment ... Carrefour has held up fairly well during the pandemic.
Couche-Tard said Tuesday it has started “exploratory discussions" on a friendly deal with Carrefour, confirming an earlier Bloomberg News report ... Shares of Carrefour have risen 10% in Paris trading this year, giving the company a market capitalization of 12.6 billion euros ($15.4 billion) at Tuesday’s close.