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Carrefour

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Carrefour SA

<tr><td colspan="2" style="text-align:center; padding:16px 0 16px 0;">Image:Groupe carrefour.png</td></tr>

Type Public (Euronext: CA)
Founded 1957
Headquarters Image:Flag of France.svg Paris, France

<tr><th style="text-align:right; padding-right:0.75em;">Key people</th><td>José Luis Duran</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Industry</th><td>Retail</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Revenue</th><td>Image:Green Arrow Up.svg 74.497 billion (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Operating income</th><td>Image:Green Arrow Up.svg ? billion (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Net income</th><td>Image:Green Arrow Up.svg 1.436 billion (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Employees</th><td>436,000 (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Website</th><td>www.carrefour.com</td></tr>

Carrefour SA (Euronext: CA) (pronounced:Cahr-uh-foor) is an international supermarket group headquartered in France with a global network of supermarkets. It is the second largest retail group in the world in terms of revenue and sales figures after Wal-Mart. Carrefour operates mainly in the European Union, Brazil and Argentina, but also has shops in North Africa and Asia.[1] Image:Carrefour San Pablo Hypermarket, Seville.jpg

Image:Carrefour at Faa'a French Polynesia.JPG The first Carrefour store opened on June 3, 1957, in suburban Annecy near a crossroads (carrefour in French). Today it is the smallest Carrefour location in the world. The group was created by Marcel Fournier and Louis Defforey and grew into a chain from this first sales outlet. In 1999 it merged with Promodès, one of its major competitors on the French market.

Marcel Fournier and Louis Defforey had attended several seminars in the United States led by "The Pope of modern distribution" Bernardo Trujillo, who influenced other famous French executives like Édouard Leclerc (E.Leclerc), Gérard Mulliez (Auchan), Paul Dubrule (Accor), and Gérard Pélisson (Accor). Their slogan was "No parking, no business.".

The Carrefour group pioneered the concept of a hypermarket, a large supermarket and a department store under the same roof. They opened their first hypermarket in 1962 in Sainte-Geneviève-des-Bois, near Paris in France. [citation needed]

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, milk, and pasta, at substantially lower prices. The new brand's popularity led critics on the political right to charge that Carrefour was undermining capitalism by acclimating the population to generic (rather than brand name or specialty) foods. In particular, Jean Mothes, an executive at Perrier, wrote in Investir magazine that Carrefour did more to accelerate the change to a socialist-led government than socialist politicians like Edmond Maire, Georges Marchais, François Mitterrand and Georges Séguy.

Contents

[edit] Carrefour around the world in March 2006

[edit] Americas

Country First store Number of stores Hypermarkets Supermarkets Hard Discounters
Argentina 1982 462 28 114 320
Brazil 1975 337 105 35 201
Colombia 1998 21 21 -

[edit] Asia

  • Carrefour was the first international retailer to establish a presence in Asia in 1989, with a presence in 6 countries. Carrefour also operates in the United Arab Emirates in a joint venture with Majid al Futtaim [2].
Country First store Number of stores Hypermarkets Supermarkets Hard Discounters
People's Republic of China 1995 307 73 - 234
Taiwan (Republic of China) 1989 45 45 - -
Indonesia 1998 21 21 - -
Malaysia 1994 10 10 - -
Saudi Arabia 2003 3 3 - -
Singapore 1997 2 2 - -
Thailand 1996 49 23 - -
South Korea 1996 31 - - -

[edit] Africa

Country First store Number of stores Hypermarkets Supermarkets Hard Discounters
Algeria 200611 -
Egypt 2000 3 1 - -
Tunisia 2001 1 1 - -

[edit] Europe

  • Carrefour is leader in Europe

Image:Carrefour.png

Country First store Number of stores Hypermarkets Supermarkets Hard Discounters Convenience Stores Cash & Carry
Belgium 2000 13556 79 - - -
Bulgaria (2008)[3] - - - - -
France 1960 1,688 191 603 786 - 108
Greece 1991 495 20 151 272 52 -
Italy 1993 461 51 239 - 155 16
Poland 1997 103 42 73 - - -
Portugal 1992 303 7 - 296 - -
Romania 2000 5 5 - - - -
Spain 1973 2,119 139 81 1,899 - -
Switzerland 2001 9 9 - - - -
Turkey 1993 433 13 71 349 - -
Europe 1960 5,823 500 1,360 3,602 207 124


Cyprus

In 2005 Carrefour entered the Cypriot market through the 100% take over of Chris Cash & Carry a local supermarket chain. [4] [5] [6]

[edit] Former countries

[edit] Chile

In 2004, Carrefour sold its 8 hypermarkets in Chile to D&S.

[edit] Czech Republic and Slovakia

In September 2005, Carrefour sold to Tesco (the biggest UK retailer) 11 stores in the Czech Republic and four in Slovakia. Tesco paid €57.4 million as well as its stores in Taiwan. Carrefour had opened its first store in 1998 in Czech Republic and in 2000 in Slovakia.

[edit] Hong Kong

In the late 1990's, Carrefour moved out of Hong Kong after complaints from manufacturers about selling products (especially electronics) at prices far below those its competitors had. Carrefour previously had stores in Tsuen Wan and Heng Fa Chuen.

[edit] Japan

In 2005, Carrefour sold its 8 hypermarkets.

[edit] Korea

In 2006, Carrefour is selling its 32 hypermarkets to E-Land. The stores are being re-branded as Homever, a chain of supermarkets specialized on home furnishing.

[edit] Mexico

In March 2005, Carrefour sold its 29 hypermarkets in Mexico to Chedraui. Carrefour had opened its first store in 1995 in Mexico.

[edit] United Kingdom

Carrefour had several hypermarkets in the UK until the 1980s. The first of these was opened in the early 1970s in Caerphilly, South Wales. The store was demolished and rebuilt as an ASDA Supermarket during the 1990s.

Other Carrefour hypermarkets were located at Sutton Coldfield in Birmingham, West Midlands, Cribbs Causeway near Bristol, Boroughbridge in North Yorkshire, Swindon, the MetroCentre in Gateshead, Tyne & Wear, Eastleigh and at the Merry Hill Shopping Centre, Dudley, West Midlands. These stores were sold to Gateway in 1989 (later Somerfield) and have changed hands again in 1991. All are now ASDA Wal-Mart Supercentres, apart from the stores at Merry Hill and Eastleigh, which are an ASDA Supermarket and Hypermarket respectively.

[edit] United States

Carrefour had hypermarkets in Philadelphia and Berlin Township, New Jersey, for about five years. Both stores closed in 1993. The stores required a $0.25USD deposit for the use of a shopping cart. Some associates wore roller skates to facilitate moving about the large building. The Berlin location now houses a Kohl's department store, a Raymour and Flanigan furniture store, and a Marshalls discount clothing store, while the Philadelphia location houses a Wal-Mart and a few tiny stores.

[edit] See also

[edit] External links


 

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