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Carrefour SA (CARR.PA)

CARR.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Carrefour confirms capex target of 2 bln euros for 2018
Thursday, 26 Jul 2018 

July 26 (Reuters) - Carrefour SA CEO Alexandre Bompard and CFO Matthieu Malige tells analysts during a call::CFO SAYS CONFIRMING CAPEX TARGET OF 2 BILLION EUROS FOR 2018.CEO SAYS WE THINK THE IMPLIED HYPOTHESIS OF THE CURRENT MARKET CONSENSUS FOR 2018 IS CONSISTENT WITH OUR H1 DYNAMIC.CEO SAYS WE DECIDED TO INVEST IN PRICES IN FRANCE AND BRAZIL AT BEGINNING OF H1, WILL NOT DISCLOSE PLANS FOR H2.  Full Article

Carrefour buys specialist organic banner So.Bio
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Carrefour SA statement::CARREFOUR ACQUIRES SPECIALIST ORGANIC BANNER SO.BIO.SO.BIO CURRENTLY HAS EIGHT STORES IN SOUTH WEST FRANCE AND TWO NEW STORES WILL OPEN IN COMING MONTHS..Carrefour’s ambition is to develop the brand and extend it nationwide..This acquisition is in line with the Carrefour 2022 transformation plan and group's ambition to become the world leader in the food transition for all..THIS ACQUISITION WILL BE SUBJECT TO APPROVAL OF RELEVANT AUTHORITIES..  Full Article

Tesco And Carrefour Announce Long-Term Strategic Alliance
Monday, 2 Jul 2018 

July 2 (Reuters) - Tesco PLC ::TESCO AND CARREFOUR LONG-TERM STRATEGIC ALLIANCE.TESCO PLC - ALLIANCE WILL COVER STRATEGIC RELATIONSHIP WITH GLOBAL SUPPLIERS, JOINT PURCHASING OF OWN BRAND PRODUCTS AND GOODS NOT FOR RESALE..TESCO PLC - ALLIANCE WILL BE GOVERNED BY A THREE-YEAR OPERATIONAL FRAMEWORK..TESCO PLC - IT IS ANTICIPATED THAT ALLIANCE WILL BE FORMALLY AGREED WITHIN NEXT TWO MONTHS.  Full Article

Carrefour's Management And Trade Unions Have Signed Two Majority Agreements
Wednesday, 25 Apr 2018 

April 25 (Reuters) - CARREFOUR SA ::CARREFOUR'S MANAGEMENT AND TRADE UNIONS HAVE SIGNED TWO MAJORITY AGREEMENTS ABOUT THE SOCIAL SUPPORT TO BE PROVIDED UNDER ITS TRANSFORMATION PLAN.FIRST AGREEMENT ABOUT JOB PROTECTION PLAN FOR 273 FORMER DIA INTEGRATED STORES FOR WHICH NO BUYERS WILL HAVE BEEN FOUND BY THE END OF JUNE.SECOND AGREEMENT (SIGNED BY FORCE OUVRIÈRE, CFDT, CGC AND THE CFTC) PERTAINS TO VOLUNTARY REDUNDANCY SCHEME.AGREEMENTS WILL BE SUBJECT TO VALIDATION BY LABOUR ADMINISTRATION SO THEY CAN BE IMPLEMENTED STARTING JULY 1.THE SCHEMES FOR WELCOMING AND SUPPORTING EMPLOYEES ARE ALREADY OPERATIONAL..SECOND AGREEMENT DESIGNED TO CUT SOME 2400 JOBS FROM THE GROUP'S HEAD OFFICES IN FRANCE.ON FIRST AGREEMENT: SYSTEM IN PLACE IS DESIGNED TO HELP EMPLOYEES CONCERNED FIND EMPLOYMENT ELSEWHERE – MAINLY WITHIN THE GROUP.SECOND AGREEMENT PROVIDES SUPPORT SCHEME FOR EMPLOYEES WHO WANT TO LEAVE THE COMPANY AND WORK ELSEWHERE.ON FIRST AGREEMENT: EMPLOYEES WILL BE OFFERED THREE APPROPRIATE JOB OPPORTUNITIES,.THE FIRST AGREEMENT SIGNED BY FORCE OUVRIÈRE, THE CGC AND THE CFTC.  Full Article

Carrefour Belgium And Greenyard Fresh Enter Cooperation Agreement
Friday, 20 Apr 2018 

April 20 (Reuters) - CARREFOUR ::CARREFOUR BELGIUM AND GREENYARD FRESH ENTER INTO A NEW COOPERATION AGREEMENT FOR FRESH PRODUCE.  Full Article

Carrefour CFO declines comment on 2018 EBIT consensus
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Carrefour SA CFO Matthieu Malige tells analysts: :CFO SAYS HOLDING TALKS WITH POTENTIAL BUYERS OF DIA STORES,FAIR TO ASSUME MOST OF 273 DIA STORES WILL BE TAKEN OUT OF GROUP SCOPE BY YEAR END.CFO SAYS CARREFOUR HAS A "POSITIVE MOMENTUM" ON COST SAVINGS.CFO SAYS WILL NOT COMMENT ON 2018 EBIT CONSENSUS.CFO SAYS HARD TO ANTICIPATE WHAT WILL BE THE SALES TREND IN Q2.  Full Article

Carrefour eyes no staff reduction from downsizing French hypermarkets
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Carrefour's Group Secretary General Laurent Vallee tells a hearing with the French Senate's Economic affairs Committee::Plan to reduce selling space in French hypermarkets will not lead to staff cuts, there will be training programmes for staff..Repeats there will be no other elements job-wise in French plan than those announced on Jan 23: Voluntary departures offered to 2,400 employees at the French head office and plans to sell or close 273 underperforming Dia stores which employ around 2,100 people. .Repeats Carrefour to strive to re-assign Dia store staff that could be affected by store closures.Unions have said they fear as much as 5,000 job cuts .  Full Article

Carrefour And La Poste Group Signs Partnership On Home Delivery In France
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - CARREFOUR ::GROUP AND LA POSTE GROUP JOIN FORCES IN HOME DELIVERY IN FRANCE.‍CARREFOUR LIVRAISON EXPRESS TO REACH 15 CITIES AT END 2018​.‍PARTNERSHIP IS PART OF PRIORITIES OF "CARREFOUR 2022" PLAN​.  Full Article

Carrefour signs partnership with Publicis.Sapient as part of broader expansion of digital business
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Carrefour /Publicis ::* Carrefour signs strategic partnership with Publicis.Sapient to accelerate its digital transformation.* Part of Carrefour's broader strategy plan unveiled on Tuesday nL8N1PI1EY.  Full Article

Carrefour CEO says recovery of French business is priority
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Carrefour CEO Aexandre Bompard tells anews conference::CEO SAYS LOOKING FOR BUYERS FOR 273 DIA STORES, IF CANNOT FIND INVESTORS, STORES WILL BE CLOSED.CEO SAYS TO DISPOSE OF NON-STRATEGIC ASSETS WORTH 500 MILLION EUROS.CEO SAYS HAS NO PLANS TO CLOSE ANY HYPERMARKETS, WILL REDUCE SIZE OF SOME HYPERMARKETS.CEO SAYS TO REVAMP ALL ITS INTERNET SITES, WILL HAVE ON SINGLE WEBSITE BY COUNTRY.CEO SAYS TO OPEN 170 NEW DRIVE CLICK & COLLECT POINTS BY END 2018.CEO SAYS TARGETS 5 BILLION EUROS IN ORGANIC FOOD SALES BY 2022 VERSUS 1 BILLION EUROS NOW.CEO SAYS RECOVERY OF FRENCH BUSINESS IS PRIORITY.  Full Article

French retailer Leclerc to sponsor Tour de France polka dot jersey in 2019

PARIS French retailer Leclerc said it will replace rival Carrefour as the sponsor of the Tour de France cycling race's polka dot jersey, which is awarded to the best climber, from 2019.