All Carrefour articles – Page 13
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NewsTesco thwarted in Asian Carrefour acquisition bid
Tesco has been thwarted once again in its bid to acquire Carrefour’s Asian stores as reports emerge that the French supermarket giant has suspended the sale of its Malaysian and Sinapore stores due to bidders offering too little.
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NewsTesco remains a potential bidder for Carrefour's Malaysian stores despite Thai setback
Tesco remains a potential bidder for rival Carrefour’s Malaysian assets after losing out to Casino in an auction for Carrefour’s Thai business.
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Opinion
Carrefour Belgium to expand self-scanning in stores
Carrefour Belgium is to roll-out hand-held scanning devices to stores for customers to use to speed up and improve their shopping experience.
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AnalysisA world of international retail opportunities
Emerging markets globally have retail potential, but could any be the new China? By Tim Danaher
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News
Carrefour Q3 sales increase 6.7% to £22.4bn
Carrefour has announced that third-quarter sales rose 6.7% at current exchange rates to reach €25.6bn (£22.4bn). Overall like-for-likes increased by 0.1% excluding petrol. The retailer stated that growth was driven by emerging markets and that in the retailer’s difficult home market, encouraging footfall was noticed for its hypermarkets in the ...
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AnalysisSlow road to South Korea will help Ikea’s prospects
Ikea has reported that group sales for the year ended August 31, 2010, rocketed 7.7% to €23.1bn (£19.2bn).
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News
Carrefour to refurbish Italian and Spanish hypermarkets to Carrefour Planet next year
Carrefour will begin refurbishing its Italian and Spanish hypermarkets to its new Carrefour Planet concept during 2011. In Spain, 75 of its 164 hypermarkets will be converted. The remaining 89 stores will receive a lower specification upgrade. In Italy, 23 of Carrefour’s 53 hypermarkets will be converted to Carrefour Planet ...
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News
PTT withdraws bid for Carrefour's Thai assets
Local energy giant PTT has reportedly withdrawn a bid for Carrefour’s Thai assets. Thailand’s largest energy company by revenue apparently faced opposition to the bid from “important stakeholders”, prompting it to ask its subsidiary, PTT Retail Management, not to participate, the company said in a statement.
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OpinionBrazil finally comes of age
The Goldman Sachs Conference in New York last week assembled a powerful line-up of more than 50 leading retailers.
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AnalysisInternational grocers are catching on to app fever
After successful launches by the UK’s Ocado and Tesco, international grocers from Germany to Australia are now looking to capitalise on the trend towards mobile shopping.
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NewsTesco through to second round of Carrefour Asian bids
Supermarket Tesco is through to the second round of bids for grocery giant Carrefour’s $1bn (£642m) south-east Asian assets, according to the Financial Times.
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AnalysisBidding for Carrefour’s Far East assets gets under way
Carrefour collected first round bids last week for its assets in Singapore, Thailand and Malaysia. Tesco is viewed as a leading contender.
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AnalysisLars Olofsson
Whether it’s scaling back internationally or piloting a new format, the Carrefour boss is taking bold steps to turn the world’s second biggest retailer around.
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NewsTesco joins auction for Carrefour’s Asian shops
Food and hypermarkets giant Tesco is among the 10 bidders for French counterpart Carrefour’s south-east Asian assets.
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AnalysisRenewed interest in Middle East’s thriving retail scene
There seems to be a renewed interest from many of Planet Retail’s clients in the potential being offered by the Middle Eastern market, and to a lesser extent, the longer-term opportunities presented by Africa.
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AnalysisHow UK retail is extending its franchise
Franchising helps overseas ventures, but how do you decide whether to run company-owned stores or take the franchise route?
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AnalysisThailand exit likely as Carrefour rationalises
Carrefour has spread itself too thin and now, faced with ongoing pressure from shareholders to improve profitability, is on a path to divest non-core markets.
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NewsTesco understood to be interested in Carrefour’s Asian operations
Tesco is understood to be among the leading supermarket chains interested in parts of French giant Carrefour’s assets in Singapore, Thailand and Malaysia.