FRANCE: Carrefour cuts hypermarket jobs
Carrefour's French hypermarkets have suffered in recession
Carrefour is to cut jobs from its hypermarket business in France in a bid to become more competitive in a challenging market for the world's second-largest retailer.
The company has laid out plans to reduce the number of back-office staff from its hypermarket operations.
Reports in France said some 500 jobs will be cut although, when contacted by just-food today (7 June), Carrefour refused to be drawn on the number of employees affected.
"At this stage, we cannot say any more. We are in discussions with employee representatives," the retailer said.
In recent months, Carrefour has battled to overturn consumer opinion that it is more expensive than its competitors. The company has embarked on a series of price-cutting campaigns and marketing pushes that highlight the value offered in its stores.
Carrefour has also focused on the development of its entry-level, own-label range, which – it hopes – will not only improve how consumers think of its value offer but also build loyalty to the Carrefour brand.
However, in April, Carrefour said like-for-like sales at its French hypermarkets fell 1.2% during the first quarter of the year.
- Interview: Mondelez eyes sweet success in China
- The benefits of engaging staff in sustainability
- How food companies involve staff in sustainability
- What next for Bernard Matthews? - comment
- Why Danone is withdrawing Dumex from Vietnam
- Fonterra says value-added strategy paying off
- Ireland unveils national plan to tackle obesity
- B&G Foods acquires ABF's US spice business
- General Mills profit falls as sales disappoint
- Bernard Matthews pensions scheme under review
- Global Chocolate Confectionery Overview: Challenges, Opportunities and Risks
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Global Foodservice Market 2016-2020
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review
- Global Food and Drinks Closures: Performance and Opportunities