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You can take your pick of French apothegms: "Plus ça change, plus c'est la même chose," or, more succinctly: "Déjà vu." Either way, industry analysts casting their critical eye over Carrefour's latest strategic revamp could be forgiven for thinking they've been here before, writes Richard Woodard.
It's likely Carrefour CEO Lars Olofsson will be a little apprehensive as he heads off for work tomorrow (21 June).
Carrefour is a retailer regularly in the industry headlines and yesterday the French retail giant issued its first-quarter sales figures. Analyst reaction, Dean Best writes, was mixed.
With spin offs, a significant acquisition and the entry of a new chief executive, Europe's largest food retailers dominated industry headlines last week.
Spanish retail groups Dia and Eroski have signed an agreement aimed at creating supply chain efficiencies in sourcing materials for their respective own-label products.
US chicken group Pilgrim's Pride has reported a 37.5% fall in operating income for the second quarter of 2016 – down to US$237m from US$378m in the same period a year ago.
Spain-based discounter Dia has reportedly hired bankers to look at the potential sale of its operations in France.
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.
Lidi is to spend EUR180m in Spain this year on new stores, improving ranges in existing outlets and opening another warehouse in the country.
Dia, the Spain-based discount retailer, saw earnings rise in 2013, boosted by "outstanding profitability" in Iberia.
Spanish discounter Dia has revealed it has held initial talks to buy local supermarket chain Grupo El Arbol - but no deal has been reached.
Strong sales growth in emerging markets and the sale of a business in Turkey helped boost earnings for Spanish discounter Dia in the third quarter.
Strong sales growth in emerging markets helped boost half-year profits at discounter Dia and offset lower underlying sales in Iberia and France.
Spanish discount retailer Dia has rolled out a trial of an online grocery offering at two of its neighbourhood stores in Madrid.
Spanish discount retailer Dia has recorded a "solid" first quarter with earnings boosted by "strong" sales momentum in Brazil and Argentina.
Spanish discount retailer Dia has confirmed it is to begin trialling its neighbourhood store model Dia Fresh in France.
Spanish hard discount banner Dia and local conglomerate Sabanci Holding have sold their business in Turkey to food giant Yildiz Holdin
Spanish discount retailer Dia said it ended fiscal 2012 having achieved the targets it set itself at the start of the year after booking an increase in profit boosted by growth in Iberia and Brazil.
Spanish discount retailer Dia has announced plans to launch a neighbourhood store model across Spain under the banner Dia Fresh.
Spanish discount retailer Dia has confirmed plans to launch an online store in the country.
Spanish discount retailer Dia has booked an increase in profit in the first nine months of the year, boosted by growth in emerging markets.
Spanish discount retailer Dia has recorded an increase in first-half profit, boosted by a "good business performance" in Iberia, Argentina and Brazil.
Spanish discount retailer Dia has recorded an increase in first-quarter profits, on the back of higher sales in Spain and an improvement in emerging countries.
Discount retailer Dia has reported a jump in annual profits for 2011, the year in which it was spun off by Carrefour.
Discount retailer Dia said today (31 August) that it hopes to close a deal to open more franchise stores in Brazil by the end of the year.
Spain-based discount chain Dia has named Mariano Martín Mampaso as vice chairman of the board.
Carrefour has warned that its first-half operating profit is expected to have slumped by 23% due to problems in the French retailer's domestic market.
Shareholders in Carrefour today (21 June) approved the retailer's plans to spin off discount business Dia.
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