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Carrefour SA (CARR.PA)

CARR.PA on Paris Stock Exchange

17.04EUR
4:38pm GMT
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Latest Key Developments (Source: Significant Developments)

Carrefour eyes 2019 capex around or slightly above 2018
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Carrefour Chief Executive Alexandre Bompard and CFO Matthieu Malige tell a news conference::CEO SAYS THE PRIORITY IS FOOD E-COMMERCE EXPANSION, THIS IS WHERE CARREFOUR CAN DURABLY BE A LEADER.CFO SAYS TOO EARLY TO COMMENT ON 2019 MARKET CONSENSUS FOR RECURRING OPERATING INCOME.CEO SAYS THERE WILL BE 160 FRENCH HYPERMARKETS OPEN ON SUNDAY MORNING BY END 2019.CFO SAYS 2019 CAPEX LIKELY TO BE AROUND OR SLIGHTLY ABOVE THOSE OF 2018.CEO SAID SEEING NO ACCELERATION OF FOOD INFLATION DUE TO NEW FARM LAW.  Full Article

WDP And Carrefour Strengthen Their Partnership In Romania
Friday, 21 Dec 2018 

Dec 21 (Reuters) - WAREHOUSES DE PAUW COMM VA ::WDP AND CARREFOUR STRENGTHEN THEIR PARTNERSHIP - RETAILER LEASES ANOTHER 80,000 M² OF WDP WAREHOUSE SPACE ON TWO LOCATIONS IN ROMANIA.BOTH DEVELOPMENT PROJECTS REPRESENT AN INVESTMENT VOLUME OF AROUND 40 MILLION EUROS.  Full Article

Casino opening "Le 4 Casino" high-tech store in Paris
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Casino statement::Casino says opening "Le 4 Casino" near the Champs Elysees on Oct.4 with long-standing franchisee Prodistribution..Store to showcase digital services enabling customers to shop 24/7 without going through physical checkout, easily locate products in-store and order products for home delivery from a digital "picking wall"..Store spread over three floors to offer gourmet grocery aisle, large selection of organic, vegan products, Cdiscount showroom with co-working space, wine cellar..Store launch comes as Casino is battling to ease investor concern over its high debt and competition from traditional and online retailers in its home market. nL8N1WH0MT.  Full Article

Casino says its board has rejected an approach from Carrefour
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Casino ::: CASINO HAS BEEN CONTACTED BY CARREFOUR OVER THE LAST FEW DAYS WITH A VIEW TO A POSSIBLE COMBINATION.: MEETING OF CASINO’S BOARD OF DIRECTORS WAS ACCORDINGLY HELD TODAY, SEPTEMBER 23, 2018.: BOARD UNANIMOUSLY REITERATED ITS ENTIRE CONFIDENCE IN CASINO’S STRATEGY FOR VALUE CREATION BASED ON ITS UNIQUE MARKET POSITIONING.: CASINO THUS INTENDS TO TAKE ALL NECESSARY ACTION TO DEFEND THE GROUP’S CORPORATE INTEREST, AND ITS STRUCTURAL INTEGRITY, A KEY FACTOR FOR THE SUCCESS OF ITS STRATEGY.: BOARD UNANIMOUSLY DECIDED TO REJECT CARREFOUR’S APPROACH.  Full Article

Carrefour Denies Having Solicited Casino
Monday, 24 Sep 2018 

Sept 23 (Reuters) - Carrefour SA ::CARREFOUR - DENIES HAVING SOLICITED CASINO; IS "SURPRISED" THAT CASINO'S BOARD "WOULD HAVE BEEN SUBMITTED A MERGER PROPOSAL THAT DOES NOT EXIST".  Full Article

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

EXCLUSIVE-Metro kicks off China unit sale, likely to fetch $2 bln valuation - sources

HONG KONG, March 19 German wholesaler Metro AG has kicked off the sale of its China operations by calling for bids, in a deal that would value the business at between $1.5 billion and $2 billion, two people with direct knowledge of the deal said.