Carrefour CEO Olofsson makes way for Plassat

Carrefour CEO Olofsson makes way for Plassat

Carrefour has announced it is parting company with CEO Lars Olofsson and will replace him with Vivarte's George Plassat. The move follows a turbulent year for the world's second-largest retailer, which has seen falling sales in France hit profits.

On the move: Plassat faces Carrefour trial

31 January 2012

After a tumultuous three years at the helm of the world's second-largest grocery retailer, Carrefour chairman and CEO Lars Olofsson is set to be replaced by Georges Plassat.

FRANCE: Plassat replaces Olofsson in Carrefour top spot

30 January 2012

Retail giant Carrefour today (30 January) announced Georges Plassat will replace Lars Olofsson as chairman and CEO.

FRANCE: Carrefour to make CEO announcement in days

26 January 2012

An announcement on the role of CEO at global retail giant Carrefour is looming, according to just-food sources.

Best bits: New year, still uncertainty at Carrefour

24 January 2012

Tesco executives may feel they have a lot on their plate but their "to do" list is not as long as that sitting in front of their counterparts across the English Channel at Carrefour.

FRANCE: Carrefour brand director Blum leaves

20 January 2012

French retail giant Carrefour has confirmed that global brand director Laurent Blum has left the company.

UPDATE: FRANCE: Analysts gloomy on Carrefour prospects

19 January 2012

Analysts have issued a grim assessment of Carrefour's prospects after the retailer reported lower 2011 sales, confirmed its annual profits would slide and announced it would review its Planet hypermarket format.

FRANCE: Carrefour puts Planet hypermarkets under review

19 January 2012

Carrefour, the world's second-largest retailer, said today (19 January) it is reviewing its much-vaunted Planet hypermarket format.

FRANCE: Carrefour silent on renewed CEO speculation

18 January 2012

Carrefour, Europe's biggest retailer, is tight-lipped over renewed speculation that it has approached Georges Plassat to replace chief executive Lars Olofsson.

2011 in review - Retail giants battle consumer weakness, corporate turmoil

22 December 2011

A slump in consumer confidence and a turbulent year at a corporate level for some major retailers were defined 2011. Dean Best looks back at a tumultuous year for the world's major food retailers.

Talking shop: Carrefour's Guyenne et Gascogne dilemma

13 December 2011

Carrefour, the world's second-biggest retailer, is set to buy its French retail franchise partner Guyenne et Gascogne in a deal worth nearly half a billion euros. The move raised eyebrows across the retail sector, considering the supermarket giant's domestic woes. Sam Webb reports.

FRANCE: Carrefour issues "prudent" profit warning

13 October 2011

Shares in Carrefour fell today (13 October) after the French retailer issued another warning on its profits for 2011.

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Carrefour CEO Olofsson makes way for Plassat

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