Carrefour has confirmed that the world’s second largest retailer is planning to expand its small-scale supermarket business in its home market.
The majority of Carrefour’s French sales come from large-scale hypermarkets, but the retailer now hopes to develop smaller outlets too.
“We hope to grow our business through a number of measures designed to increase sales. One of these is to increase our number of smaller supermarket outlets in France,” the company told just-food.
Gerard Dorey, head of commerce de proximité, has said that 140 supermarkets will be opened in 2006 and 2007 – a 3.7% rise over the number of openings in 2005. Sales from the supermarkets are expected to grow by 2% pro forma when comparing the results for 2005 and 2008.
The company also hopes to boost sales by lengthening supermarket opening hours and improving links to public transport.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData