Carrefour SA (CARR.PA)
18 Apr 2019
* Nestlé and Carrefour have announced today that they are giving consumers the ability to access information from the first Blockchain on a national brand in Europe
NAIROBI, April 9 Carrefour aims to become Kenya's number two retailer this year, adding floorspace and using ultra-competitive pricing to boost sales and increase market share, its franchisee holder in the country said.
PARIS Carrefour plans to cut 1,229 jobs as it downsizes its large hypermarket stores in France under a plan to boost sales and profits at Europe's largest retailer, the Force Ouvriere union told Reuters.
PARIS, March 28 Carrefour plans to cut 1,229 jobs as it downsizes its large hypermarket stores in France under a plan to boost sales and profits at Europe's largest retailer, the Force Ouvriere union told Reuters.
PARIS France's Carrefour raised its savings goal and said it would step up plans to downsize its hypermarket stores, as Europe's largest retailer delivered cost cuts of 1.05 billion euros ($1.2 billion) in 2018 and a higher free cash flow.
* Shares up 1.7 pct in early trade (Adds share reaction, analyst comment, details)
PARIS, Feb 28 Carrefour said its turnaround plan was well on track and raised its savings goals, after Europe's largest retailer delivered cost cuts of 1.05 billion euros ($1.2 billion) in 2018 and a higher free cash flow.
PARIS, Feb 25 Carrefour, Europe's largest food retailer, could cut around 4 percent of its Italian workforce - or up to 590 staff - and downsize five of its 51 hypermarkets in the country to cope with falling sales, according to its 2019-2022 business plan.
A round-up of notable broker activity this morning from Europe's top-ranked* analysts:
PARIS French retailer Carrefour is joining up with other with food companies including Danone to launch "MiiMOSA Transition", a crowdfunding project to help farmers switch to organic farming, in response to rising consumer demand for socially responsible practices.