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CarrefourGREECE: Carrefour franchisee to add 42 stores to portfolio

15 April 2014

Carrefour's Greek franchisee Marinopoulos has announced its intention to acquire 42 stores of the Larisa Super Market chain.

INDIA: Carrefour, Bharti "in talks" over tie-up

14 April 2014

France's Carrefour is reportedly in talks with Bharti Group over a potential joint venture in India.

FRANCE: Carrefour Q1 sales down but meet analyst forecasts

10 April 2014

Carrefour this morning (10 April) posted a mixed set of first-quarter sales that led to group revenue dropping almost 4%, although the decline met analyst expectations.

INDIA: BJP plans to ban foreign supermarkets entering retail sector

7 April 2014

Indian political party Bharatiya Janata Party (BJP), which is expected to lead the country's next government, has said it plans to ban foreign supermarkets from entering its retail sector.

FRANCE: Dia "mulls potential sale of French stores"

2 April 2014

Spain-based discounter Dia has reportedly hired bankers to look at the potential sale of its operations in France.

EGYPT: Majid Al Futtaim plans Egyptian expansion

28 March 2014

Middle Eastern retailer Majid Al Futtaim has detailed an EGP16.5bn (US$2.36bn) five-year investment plan for Egypt, which will include the opening of 32 Carrefour outlets as well as three new shopping malls.

INDIA: Tesco to invest GBP85m in Tata JV

21 March 2014

UK retailer Tesco has confirmed that it will invest GBP85m (US$132m) to establish a multi-brand retail joint venture with Trent Ltd, part of the Tata Group, in India.

FRANCE: Carrefour seals Coop Alsace stores deal

18 March 2014

Carrefour has sealed a deal to buy 128 stores in France from regional retailer Coop Alsace.

BRAZIL: Carrefour "in talks" over Brazil stake sale

14 March 2014

French retail giant Carrefour is reportedly looking at raising BRL5bn (US$2.1bn) through the sale of a stake in its Brazilian unit.

Editor's choice: the highlights on just-food this week

10 March 2014

Sugar again grabbed the headlines after the World Health Organization revised its guidance on how much of the ingredient to consume. Elsewhere, a US retailer with over 2,400 stores could be created after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal that looks set to see it buy Safeway.

Quote, unquote: just-food's week in words

10 March 2014

This week Unilever was gain rumoured to be looking to sell a food brand - this time Ragu pasta sauces. UK group Premier Foods announced a new refinancing package, while in the US, a mega-merger in the retail sector is on the cards, after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal to buy Safeway.

Comment: More heavy lifting needed at Carrefour

7 March 2014

It is clear Carrefour has made some improvement under the stewardship of CEO Georges Plassat but more work needs to be done, writes Dean Best.

SPAIN: Lidl plans EUR180m store, distribution offensive

6 March 2014

Lidi is to spend EUR180m in Spain this year on new stores, improving ranges in existing outlets and opening another warehouse in the country.

FRANCE: Investment lifts Carrefour profits, to up 2014 spending

5 March 2014

Carrefour, the world's second-largest retailer, today (5 March) reported higher 2013 profits as investment helped boost sales in France - with the company pledging to up spending this year.

BRAZIL: Carrefour to make IPO decision by early 2015

5 March 2014

Carrefour CEO Georges Plassat today (5 March) indicated the retailer will announce a decision on the future ownership of its business in Brazil next year.

CHINA: Carrefour admits expansion challenges

5 March 2014

Carrefour has admitted its moves into China's tier-two and tier-three cities have not paid off to the extent the retail giant hoped.

What the analysts say: 2013 pleases market but Carrefour faces work in 2014

5 March 2014

Carrefour's 2013 results came in above market expectations, with analysts praising the French retail giant's work in recent years, particularly in its domestic market. Signs of an improvement in Spain were also welcomed. However, there is concern Carrefour's management, part-way through a turnaround of the business, has some tough tasks ahead.

On the money: Ocado still looking at more tie-ups in medium term

4 February 2014

Ocado chief executive Tim Steiner has said the UK online retailer is still looking to further develop licencing deals with larger retailers, although he emphasised there are no "imminent announcements" on any pending agreements.

just-food's 2014 outlook: International retailers continue to bring focus home

30 January 2014

The world of international food retail has undoubtedly got a little less international in recent years and 2014 looks likely to see the big guns continue to take an empire-building breather and sort out their troubled home markets while undertaking only modest overseas activities. Glynn Davis reports.

Quote, unquote: just-food's week in words

20 January 2014

This week, we interviewed the boss of UK-based meat-free business Quorn Foods, which saw sales jump last year, helped by the horsemeat saga. We also spoke to the chair of the National Obesity Forum after its report warned forecasts on UK obesity rates may have under-estimated the problem. Elsewhere, Fonterra was caught up in another recall, Saputo received a boost in its bid to buy Australian dairy Warrnambool Cheese and Butter Factory and Hain Celestial swooped to acquire UK rice firm Tilda.

Editor's choice: the highlights on just-food last week

20 January 2014

US group Hain Celestial swooped again in the UK last week, snapping up UK rice business Tilda. Meanwhile, obesity grabbed UK headlines with warnings forecasts for the condition could have under-estimated the problem. Fonterra issued another product recall, Saputo received a boost in its bid to buy Warrnambool Cheese and Butter Factory, while our first just-food interview of 2014 saw us meet Quorn Foods CEO Kevin Brennan.

On the money: Questions surround Carrefour's hypermarket strategy

16 January 2014

That Carrefour made further progress on its turnaround plan during 2013 was left in no doubt today (16 January) when the company revealed improving underlying sales trends. However, fourth-quarter revenues in France missed consensus expectations and the retailer still has a number of domestic questions to answer - particularly around its hypermarket strategy.

FRANCE: Carrefour hails "accelerating sales" in 2013

16 January 2014

French retailer Carrefour insisted revenue gains "accelerated" throughout 2013 despite a drop in total sales due to currency exchange.

FRANCE/POLAND: Carrefour buys local chain RAST

2 January 2014

Carrefour has acquired Polish supermarket chain RAST for an undisclosed sum.

Editor's choice: the highlights on just-food this week

23 December 2013

Tesco and Hershey grabbed the headlines in the last full week before Christmas with potential moves to bolster their businesses in India and China respectively. Beijing, meanwhile, has announced plans to investigate the price of agricultural commodities to try to encourage stability in prices. Horsemeat hit the news again with arrests in France over claims horses tested on in labs have entered the food chain.

FRANCE: Carrefour buys European mall business

16 December 2013

French retail giant Carrefour has said it will buy 127 shopping malls in France, Spain and Italy from real estate group Klepierre for EUR2bn (US$2.75bn).

SPAIN: Dia admits El Arbol talks, no deal reached

16 December 2013

Spanish discounter Dia has revealed it has held initial talks to buy local supermarket chain Grupo El Arbol - but no deal has been reached.

China briefing: Retailers look to China for growth opportunities

29 November 2013

China's grocery market has been growing at a rapid pace for several years. Representing one fifth of the world's population, this emerging market has become a significant opportunity for foreign investors seeking overseas growth. Michelle Russell reports.

BELGIUM: Carrefour launches Drive click-and-collect service

18 November 2013

Carrefour has launched its first click-and-collect in Belgium, becoming the latest retailer to build expand its multichannel service in the country.

Editor's choice: the highlights on just-food last week

4 November 2013

UK industry moves to lower saturated fat were met last week with criticism in campaign circles. Health issues have also made headlines in Mexico, where the country's Senate has backed plans for a snacks tax. Elsewhere, Sainsbury's plans to take retail rival Tesco to a judicial review, while there were more twists in the battle to buy Warrnambool Cheese and Butter Factory.







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