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...
French retailer Intermarché is looking to take over Altis, the local retail venture that Carrefour is set to leave.
Carrefour is to sell its stake in Altis, its franchise retail venture with Spanish retailer Eroski.
Carrefour has tabled a cash-and-share bid for French franchise retail partner Guyenne et Gascogne.
Shares in supermarket franchise operator Guyenne et Gascogne were suspended today (12 December) ahead of an impending announcement on its talks with retail giant Carrefour.
Carrefour has denied that CEO Lars Olofsson is set to be replaced by Georges Plassat, the former head of the French retail giant's operations in Spain. French newspaper Le Figaro…
Shares in Carrefour fell today (13 October) after the French retailer issued another warning on its profits for 2011. Carrefour, which reported its third-quarter sales this morning, said its annual…
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