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Carrefour SA (CARR.PA)

CARR.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tesco And Carrefour Announce Long-Term Strategic Alliance
Monday, 2 Jul 2018 02:00am EDT 

July 2 (Reuters) - Tesco PLC ::TESCO AND CARREFOUR LONG-TERM STRATEGIC ALLIANCE.TESCO PLC - ALLIANCE WILL COVER STRATEGIC RELATIONSHIP WITH GLOBAL SUPPLIERS, JOINT PURCHASING OF OWN BRAND PRODUCTS AND GOODS NOT FOR RESALE..TESCO PLC - ALLIANCE WILL BE GOVERNED BY A THREE-YEAR OPERATIONAL FRAMEWORK..TESCO PLC - IT IS ANTICIPATED THAT ALLIANCE WILL BE FORMALLY AGREED WITHIN NEXT TWO MONTHS.  Full Article

Carrefour's Management And Trade Unions Have Signed Two Majority Agreements
Wednesday, 25 Apr 2018 09:54am EDT 

April 25 (Reuters) - CARREFOUR SA ::CARREFOUR'S MANAGEMENT AND TRADE UNIONS HAVE SIGNED TWO MAJORITY AGREEMENTS ABOUT THE SOCIAL SUPPORT TO BE PROVIDED UNDER ITS TRANSFORMATION PLAN.FIRST AGREEMENT ABOUT JOB PROTECTION PLAN FOR 273 FORMER DIA INTEGRATED STORES FOR WHICH NO BUYERS WILL HAVE BEEN FOUND BY THE END OF JUNE.SECOND AGREEMENT (SIGNED BY FORCE OUVRIÈRE, CFDT, CGC AND THE CFTC) PERTAINS TO VOLUNTARY REDUNDANCY SCHEME.AGREEMENTS WILL BE SUBJECT TO VALIDATION BY LABOUR ADMINISTRATION SO THEY CAN BE IMPLEMENTED STARTING JULY 1.THE SCHEMES FOR WELCOMING AND SUPPORTING EMPLOYEES ARE ALREADY OPERATIONAL..SECOND AGREEMENT DESIGNED TO CUT SOME 2400 JOBS FROM THE GROUP'S HEAD OFFICES IN FRANCE.ON FIRST AGREEMENT: SYSTEM IN PLACE IS DESIGNED TO HELP EMPLOYEES CONCERNED FIND EMPLOYMENT ELSEWHERE – MAINLY WITHIN THE GROUP.SECOND AGREEMENT PROVIDES SUPPORT SCHEME FOR EMPLOYEES WHO WANT TO LEAVE THE COMPANY AND WORK ELSEWHERE.ON FIRST AGREEMENT: EMPLOYEES WILL BE OFFERED THREE APPROPRIATE JOB OPPORTUNITIES,.THE FIRST AGREEMENT SIGNED BY FORCE OUVRIÈRE, THE CGC AND THE CFTC.  Full Article

Carrefour Belgium And Greenyard Fresh Enter Cooperation Agreement
Friday, 20 Apr 2018 10:41am EDT 

April 20 (Reuters) - CARREFOUR ::CARREFOUR BELGIUM AND GREENYARD FRESH ENTER INTO A NEW COOPERATION AGREEMENT FOR FRESH PRODUCE.  Full Article

Carrefour CFO declines comment on 2018 EBIT consensus
Wednesday, 11 Apr 2018 12:44pm EDT 

April 11 (Reuters) - Carrefour SA CFO Matthieu Malige tells analysts: :CFO SAYS HOLDING TALKS WITH POTENTIAL BUYERS OF DIA STORES,FAIR TO ASSUME MOST OF 273 DIA STORES WILL BE TAKEN OUT OF GROUP SCOPE BY YEAR END.CFO SAYS CARREFOUR HAS A "POSITIVE MOMENTUM" ON COST SAVINGS.CFO SAYS WILL NOT COMMENT ON 2018 EBIT CONSENSUS.CFO SAYS HARD TO ANTICIPATE WHAT WILL BE THE SALES TREND IN Q2.  Full Article

Carrefour eyes no staff reduction from downsizing French hypermarkets
Wednesday, 31 Jan 2018 04:48am EST 

Jan 31 (Reuters) - Carrefour's Group Secretary General Laurent Vallee tells a hearing with the French Senate's Economic affairs Committee::Plan to reduce selling space in French hypermarkets will not lead to staff cuts, there will be training programmes for staff..Repeats there will be no other elements job-wise in French plan than those announced on Jan 23: Voluntary departures offered to 2,400 employees at the French head office and plans to sell or close 273 underperforming Dia stores which employ around 2,100 people. .Repeats Carrefour to strive to re-assign Dia store staff that could be affected by store closures.Unions have said they fear as much as 5,000 job cuts .  Full Article

Carrefour And La Poste Group Signs Partnership On Home Delivery In France
Tuesday, 23 Jan 2018 06:01am EST 

Jan 23 (Reuters) - CARREFOUR ::GROUP AND LA POSTE GROUP JOIN FORCES IN HOME DELIVERY IN FRANCE.‍CARREFOUR LIVRAISON EXPRESS TO REACH 15 CITIES AT END 2018​.‍PARTNERSHIP IS PART OF PRIORITIES OF "CARREFOUR 2022" PLAN​.  Full Article

Carrefour signs partnership with Publicis.Sapient as part of broader expansion of digital business
Tuesday, 23 Jan 2018 05:02am EST 

Jan 23 (Reuters) - Carrefour /Publicis ::* Carrefour signs strategic partnership with Publicis.Sapient to accelerate its digital transformation.* Part of Carrefour's broader strategy plan unveiled on Tuesday nL8N1PI1EY.  Full Article

Carrefour CEO says recovery of French business is priority
Tuesday, 23 Jan 2018 04:05am EST 

Jan 23 (Reuters) - Carrefour CEO Aexandre Bompard tells anews conference::CEO SAYS LOOKING FOR BUYERS FOR 273 DIA STORES, IF CANNOT FIND INVESTORS, STORES WILL BE CLOSED.CEO SAYS TO DISPOSE OF NON-STRATEGIC ASSETS WORTH 500 MILLION EUROS.CEO SAYS HAS NO PLANS TO CLOSE ANY HYPERMARKETS, WILL REDUCE SIZE OF SOME HYPERMARKETS.CEO SAYS TO REVAMP ALL ITS INTERNET SITES, WILL HAVE ON SINGLE WEBSITE BY COUNTRY.CEO SAYS TO OPEN 170 NEW DRIVE CLICK & COLLECT POINTS BY END 2018.CEO SAYS TARGETS 5 BILLION EUROS IN ORGANIC FOOD SALES BY 2022 VERSUS 1 BILLION EUROS NOW.CEO SAYS RECOVERY OF FRENCH BUSINESS IS PRIORITY.  Full Article

Yonghui Superstores, Tencent Sign Letter Of Intent With Carrefour To Invest In Carrefour China
Tuesday, 23 Jan 2018 04:02am EST 

Jan 23 (Reuters) - Yonghui Superstores Co Ltd <601933.SS>::SAYS IT, TENCENT HOLDINGS <<<0700.HK>>> SIGN LETTER OF INTENT WITH CARREFOUR <<>> TO INVEST IN CARREFOUR CHINA HOLDINGS NV.SAYS ONE OF ITS OWNERS HAS UNLOADED 1.74 PERCENT STAKE IN THE COMPANY ON JAN 22, TAKING HIS HOLDINGS TO 17.11 PERCENT AFTER TRANSACTION.  Full Article

Carrefour Announces Transforming Partnerships In China
Tuesday, 23 Jan 2018 02:31am EST 

Jan 23 (Reuters) - CARREFOUR SA ::CARREFOUR ANNOUNCES TRANSFORMING PARTNERSHIPS IN CHINA.POTENTIAL INVESTMENT BY TENCENT AND YONGHUI IN CARREFOUR CHINA.CARREFOUR AND TENCENT SIGNED A PRELIMINARY AGREEMENT REGARDING A STRATEGIC BUSINESS COOPERATION IN CHINA.  Full Article

French anti-trust authority to probe supermarket purchasing alliances

PARIS, July 16 France's antitrust authority said on Monday it will investigate the potential impact of several purchasing alliances recently sealed by French and European supermarket retailers.