Content about Carrefour SA

October 11, 2012

Carrefour SA reported that its revenue edged up in its third quarter, driven by strong sales in its convenience stores and markets in Asia and Latin America.

September 14, 2012

India paves way for foreign retailers

India’s government said that it has OK’d plans to permit foreign retailers to open stores that sell more than one brand, paving the way for retailers such as Wal-Mart Stores and Carrefour SA to expand their presence in the country.

June 15, 2012

Carrefour to exit Greece

Carrefour SA said it will sell its Greek supermarket business to its local partner and exit the country, the Wall Street Journal reported.

January 26, 2012

Report: Carrefour in talks to replace CEO

A Thursday report by the Wall Street Journal said that French retailer Carrefour SA may hire French apparel group chief Georges Plassat to replace current CEO Lars Olofsson.

December 28, 2011

Carrefour to sell, lease-back 97 stores

A report by the Wall Street Journal said that French retailer Carrefour SA has sold 97 supermarket sites to an investment company for $477 million.

August 9, 2011

Carrefour not in talks with Wal-Mart

Carrefour SA said Tuesday that it is not in discussions to sell its Brazilian unit to Wal-Mart Stores.

July 25, 2011

Wal-Mart’s path into India may be getting easier

A Monday report by Bloomberg said that an Indian governmental panel recommended easing market-entry restrictions, making Wal-Mart Stores’ and Carrefour SA’s path into the India retail market potentially much easier.

June 28, 2011

Carrefour receives offer to merge with Brazilian retailer

Multiple reports on Tuesday said that French retailing giant Carrefour SA has received an offer to merge with Brazil’s Companhia Brasileira de Distribuicao.

May 26, 2011

Report: India closer to allowing foreign retail investment

India will announce new rules for foreign investment in retail by April 2012, which would pave the way for such retailers as Wal-Mart Stores, Carrefour SA and other large chains to open stores in the country, Bloomberg reported.

April 14, 2011

Carrefour Q1 sales rise 3.9%

French retail giant Carrefour SA reported Thursday that sales in its fiscal first quarter inched up 3.9% to $35.7 billion.

July 15, 2010

Carrefour Q2 sales rise 6.3%

Carrefour SA, the world’s second-largest retailer behind Wal-Mart Stores, said Thursday that its revenue increased 6.3% in the second quarter.

March 1, 2010

Indian leader said support for retail investment lacking

Finance Minister Pranab Mukherjee said he lacks support from lawmakers to allow more foreign investment...

January 13, 2010

Carrefour revenue up 1% in Q4

French retailer Carrefour SA hit its earnings targets in 2009 after higher sales in Brazil...