FRANCE/SPAIN: Carrefour to sell phone services, utilities in Spain
Centros Comerciales Carrefour, the Spanish subsidiary of French retail behemoth Carrefour, is to start selling phone services, gas and electricity.
Shareholders approved a change to the company's statutes to allow it to market financial, real estate and hotel products through its stores, according to Centros Comerciales Carrefour's communiqué to the Spanish stock exchange authorities.
Authorised distribution companies will be contracted to market the services and products, reported StartFinance.
Retailers are expanding ever further, and food manufacturers are becoming more and more multinational. Expansion can bring increased profits, not just through higher sales but also more efficient sour...
Buying power is often used by supermarkets to negotiate with their suppliers to get lower prices. These savings can then be passed onto the consumer in terms of price cuts and promotions. But do consu...
French retail giant Carrefour has denied newspaper claims that it has been holding talks with US titan Wal-Mart....
Carrefour of France is the top foreign retailer in China, measured by sales during the first half of the year, according to a Chinese Ministry of Commerce survey quoted by the Dow Jones news agency....
A judge in Buenos Aires province has imposed an embargo of more than 150m pesos (US$52.4m) on French retailer Carrefour in favour of provincial tax authorities, according to the Dow Jones news agency....
French based supermarket chain Carrefour has announced a rise in sales of 4.1% to €20.4m in the second quarter of 2005....
French supermarket chain plans to buy French low-cost supermarket Penny Market from Germany's Rewe, while selling catering supplies group Prodirest to transGourmet, a joint venture between Rewe and S...
French supermarket Carrefour has acquires 10 hypermarkets in the Sao Paulo area from Sonae, it said today (Thursday)....
- Comment: Premier has more to ponder than Brexit
- 2017: three major drivers of M&A strategy
- The food market in 2017 - consumer trends and M&A
- Trump seen as negative for global food trade
- Analysis: B&G Foods balancing growth and decline
- Premier Foods issues profit warning
- Nestle mum on Mead Johnson takeover talk
- Mondelez sells Vegemite to Bega
- Kellogg to slash 250 jobs
- Emmi to buy dessert maker Italian Fresh Foods