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Carrefour SA (CARR.PA)

CARR.PA on Paris Stock Exchange

13.32EUR
11:38am EDT
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€-0.12 (-0.89%)
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€13.44
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Tue, Jul 3 2018

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Carrefour, Tesco deal to squeeze suppliers, big and small

PARIS/LONDON A deal between Carrefour and Tesco to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz.

ANALYSIS-Carrefour, Tesco deal to squeeze suppliers, big and small

* Nestle, under fire from Third Point, clashed with retailers

Carrefour and Tesco up stakes with new purchasing alliance

PARIS/LONDON Europe's largest supermarket groups Carrefour and Tesco have agreed to form a global purchasing alliance to demand better terms from major suppliers in the latest attempt by the industry to drive down costs. | Video

UPDATE 4-Carrefour and Tesco up stakes with new purchasing alliance

* Suppliers concerned that they risk being squeezed hard (Adds further reaction)

Retailers Carrefour, Tesco join forces in strategic alliance

PARIS, July 2 French supermarket retailer Carrefour and British peer Tesco announced on Monday plans to form a global long-term purchasing alliance, as they seek to cut costs.

France urges ex-Carrefour CEO to give up retirement package

PARIS The French government called on Carrefour's former chief executive to give up his full retirement package, a spokesman said on Sunday, saying he had not left Europe's biggest retailer in a state which merited a generous payout.

Ex-CEO of France's Carrefour to give up part of payout after pressure

PARIS Former Carrefour chief executive Georges Plassat is to give up part of his departure package, the French retailer said on Saturday after facing pressure from employers' bodies, unions and the government over his payout.

Carrefour boss hails progress in e-commerce strategy

PARIS Carrefour's new alliances with tech giants Google and China's Tencent show the French retailer's e-commerce offensive is making big progress, chief executive Alexandre Bompard told shareholders on Friday.

UPDATE 1-Carrefour boss hails progress in e-commerce strategy

PARIS, June 15 Carrefour's new alliances with tech giants Google and China's Tencent show the French retailer's e-commerce offensive is making big progress, chief executive Alexandre Bompard told shareholders on Friday.

Carrefour boss says e-commerce strategy starting to bear fruit

PARIS, June 15 Carrefour boss Alexandre Bompard on Friday told shareholders that new alliances with tech giants Google and China's Tencent showed the French retailer's e-commerce offensive was making an impact.

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