Carrefour - food industry company news 
FRANCE: Casino seeks arbitration over Diniz's Brasil Foods role
2 May 2013
The ongoing spat between French retailer Casino and Brazilian tycoon Abilio Diniz has taken a twist with the company seeking arbitration over the businessman's role at food giant Brasil Foods.
EGYPT: Majid Al Futtaim "in talks to buy Metro, Kheir Zaman outlets"
2 May 2013
Majid Al Futtaim, Carrefour's franchisee in the Middle East and north Africa, is reported to be in advanced talks to buy two Egyptian retail chains.
TURKEY: Carrefour takes back seat in Sabanci JV
1 May 2013
Carrefour is reducing its stake in its Turkish business, CarrefourSA, with joint venture partner Sabanci Holdings taking a majority stake in the supermarket operator.
Gluten free: Germany, Canada, Australia among other growth markets
30 April 2013
Aside from the US and UK, where the gluten-free category is witnessing strong growth, there are a number of other gluten free markets look likely to develop elsewhere over the coming years.
Editor's choice: the highlights on just-food last week
29 April 2013
Associated British Foods grabbed the headlines this week - for good and tragic reasons. Twenty-four hours before a factory in Bangladesh that supplied ABF's discount clothing chain Primark, just-food discussed the Kingsmill bread owner's half-year results. Another UK-listed major, Unilever, this week reported its Q1 sales, which missed analyst estimates on weaker spreads and ice cream sales. Elsewhere, we analysed the return of GM to national UK headlines and China's attempts to improve food safety.
INDIA: Sainsbury's: We have no plans for stores
25 April 2013
Sainsbury's has insisted it has "no plans" to open stores in India following a claim from a local government minister the UK grocer was interested in entering the market.
NETHERLANDS: Genius Foods makes Dutch debut
24 April 2013
UK gluten-free specialist Genius Foods has signed a supply deal for the Dutch market with online retailer Diepvriesmarkt.nl.
In the spotlight: Carrefour ups heat with price cuts
23 April 2013
Competition in the French retail scene could be about to heat up, with market leader Carrefour reporting an improvement in its domestic operations. Carrefour says it has been encouraged by the results of its pricing initiative and, if the world's second largest retailer really has pulled its socks up at home, life could become tougher for its competitors.
TURKEY: Dia, Sabanci sell retail business to Yildiz
22 April 2013
Spanish hard discount banner Dia and local conglomerate Sabanci Holding have sold their business in Turkey to food giant Yildiz Holdin
Quote, unquote: just-food's week in words
22 April 2013
The industry's first-quarter results continued to pour in last week and two of France's leading retailers, Carrefour and Casino revealed sales figures that got analysts talking. Carrefour appeared pleased with its domestic performance, while Casino was encouraged by the results of recent pricing initiatives. Elsewhere, Tesco finally confirmed its plans to exit the US and revealed it had received and was pursuing interest in the business.
Editor's choice: the highlights on just-food last week
22 April 2013
Major food manufacturers began to report their first-quarter results last week. Nestle came under scrutiny for its performance in emerging markets. A cautious Danone saw signs of improvement from its European dairy operations, while its infant formula business was buoyant. Elsewhere, we shone the spotlight on the recent rationing of formula in Western markets amid high demand in China, looked at Marks and Spencer's latest European venture and analysed Magnit's move to Russian retail's top spot.
On the money: Casino "encouraged" by domestic pricing results
19 April 2013
Casino has insisted it expects to see "encouraging results" in France from the pricing initiative it implemented late last year, even though the move failed to lift the retailer's domestic revenues in the first quarter.
Comment: Sovereign, pension funds to vie for M&A with trade, PE
19 April 2013
Could sovereign wealth funds and pension funds become more active participants in deal-making in the FMCG industry? Perhaps so, writes Dean Best.
On the money: Carrefour sees continued progress
18 April 2013
Carrefour has shown signs its turnaround plan has continued to gain traction in the first quarter of this year.
FRANCE: Carrefour Q1 sales slide on FX
18 April 2013
French retail giant Carrefour has booked a decline in first-quarter sales after foreign exchange offset growth in emerging markets and a "resilient" domestic performance.
BRICs and beyond: Russian retailer Magnit looks to retain top spot
17 April 2013
Russian retail colossus Magnit has overtaken X5 Retail Group to become the country's largest by sales. While anticipated, speculation is now likely to turn to whether Magnit can extend its lead, or if X5 has what it takes to up its game and claw back the number one position.
Interview: R&R chief: We can be "real alternative" to Unilever
10 April 2013
James Lambert, CEO of UK-based R&R Ice Cream, has suggested the company's plan to buy local rival Fredericks Dairies will give retailers a "real alternative" to market leader Unilever.
BRAZIL: Diniz will not quit CBD board despite Brasil Foods seat
10 April 2013
Brazilian tycoon Abilio Diniz will not resign as chairman of CBD, the country's largest retailer, despite securing a seat on the board of local food group Brasil Foods.
QATAR/INDIA: Qatari vehicle Hassad Food buys majority of India's Bush Foods
4 April 2013
Qatari investment vehicle Hassad Foods has bought a majority stake in Indian food supplier Bush Foods Overseas.
FRANCE: Carrefour restructures domestic operations
28 March 2013
French retail giant Carrefour has announced a restructuring of its domestic operations, which will see its hypermarket unit divided into four geographic areas.
Quote, unquote: just-food's week in words
11 March 2013
Earnings results continued to pour in last week with retailers Carrefour, Delhaize and Waitrose amongst those issuing sales and profit figures. Delhaize told analysts there was work still to be done in the US, while Carrefour insisted it has to invest in order to build on signs of improvement. Elsewhere, Vion was bought by Boparan Holdings, and a BBC investigation uncovered evidence of horse smuggling from Ireland to the UK.
Editor's choice: the highlights on just-food last week
11 March 2013
In a week of results from major retailers, Carrefour cheered the market with improvement in France, upmarket UK grocer Waitrose highlighted its strong year and Belgium's Delhaize insisted its business in the US would improve. Elsewhere across the Atlantic, meat processor Smithfield Foods faced calls from a major investor to consider dividing in three.
Talking shop: Plassat aware more work ahead at Carrefour
8 March 2013
Carrefour's 2012 results offer signs of encouragement for the world's second-largest retailer. However, some analysts insisted much more work is needed. That is true but Carrefour CEO Georges Plassat recognises the challenges that still lie ahead.
On the money: We must invest to thrive, says Carrefour CEO
8 March 2013
Carrefour CEO Georges Plassat has insisted the world's second-largest retailer has to invest to build on the signs of improvement at the company and withstand competition.
What the analysts say - cautious welcome to Carrefour FY
7 March 2013
Carrefour's shares climbed today after the French retailer's 2012 results, which included better-than-expected core profits and higher earnings in France. Analysts cautiously welcomed the numbers, although they argue more work needs to be done.
FRANCE: Domestic improvement boosts Carrefour
7 March 2013
Shares in Carrefour rose this morning (7 March) after the French retail giant reported underlying annual profits that beat analyst forecasts, amid an improved performance at home.
Talking shop: Online opportunity in China, Thailand
5 March 2013
Online grocery retailing in China and Thailand promises great opportunities for international supermarket groups to crack these two diverse, challenging and potentially lucrative Asian markets. Andrew Don reports.
Best bits: Carrefour, Delhaize improvement plans under spotlight
4 March 2013
On Thursday, two of the world's largest food retailers will report their 2012 financial results and, more importantly, try to convince investors their moves to improve their operations in key markets can pay off.
CHILE: Higher costs hit profits at retailer Cencosud
4 March 2013
Chilean retail giant Cencosud has reported a decline in full-year earnings on the back of higher financial costs related to its acquisition of Carrefour's Colombian business.
What the analysts say - Ahold's 2012 results
1 March 2013
Analysts in the main welcomed Ahold's performance in the last quarter of 2012 and the year as a whole. However, there was some concern about trends around margins.
