Content about Hypermarkets

December 16, 2013

French retailing giant Carrefour has joined an investment group aiming to acquire more than a 100 shopping malls in France, Spain, and Italy.

October 11, 2012

Carrefour SA reported that its revenue edged up in its third quarter, driven by strong sales in its convenience stores and markets in Asia and Latin America.

September 14, 2012

India’s government said that it has OK’d plans to permit foreign retailers to open stores that sell more than one brand, paving the way for retailers such as Wal-Mart Stores and Carrefour SA to expand their presence in the country.

August 13, 2012

A Monday report by Reuters said that French retailer Auchan has entered into a franchise agreement with Max Hypermarket, India.

August 2, 2012

Hypermarket chain Real, part of Metro Group, worked with IBM to launch a new electronic coupon system throughout its 320 German stores.

July 12, 2012

French retail giant Carrefour reported that sales in the second quarter dipped 0.3% to $26.5 billion, beating analysts’ expectations and prompting the retailer to issue earnings guidance to match 2012 expectations of $2.5 to $2.6 billion.

June 15, 2012

Carrefour SA said it will sell its Greek supermarket business to its local partner and exit the country, the Wall Street Journal reported.

May 24, 2012

The world’s second largest retailer behind Wal-Mart said that its leadership will change hands earlier than planned.

January 30, 2012

Carrefour, the second largest retailer in the world after Wal-Mart Stores, has selected French retailing veteran Georges Plassat, 62, as its next CEO and chairman.

January 26, 2012

A Thursday report by the Wall Street Journal said that French retailer Carrefour SA may hire French apparel group chief Georges Plassat to replace current CEO Lars Olofsson.

December 28, 2011

A report by the Wall Street Journal said that French retailer Carrefour SA has sold 97 supermarket sites to an investment company for $477 million.

June 28, 2011

Multiple reports on Tuesday said that French retailing giant Carrefour SA has received an offer to merge with Brazil’s Companhia Brasileira de Distribuicao.

June 21, 2011

The Carrefour SA board of directors on Tuesday approved a plan for its CEO Lars Olofsson to also assume the role of chairman.

April 14, 2011

French retail giant Carrefour SA reported Thursday that sales in its fiscal first quarter inched up 3.9% to $35.7 billion.

January 26, 2011

China said Wednesday it is fining Wal-Mart and Carrefour stores up to $75,900 for overpricing, expressing concerns about price inflation ahead of the impending Lunar New Year holiday.

November 3, 2010

Wal-Mart Stores has joined the race to buy Indonesian retailer Matahari's hypermarket business in a...

October 25, 2010

Chinese supermarket retailer QKL Stores said Tuesday that it has opened a hypermarket store in...

September 15, 2010

Carrefour SA said it is launching a $1.9 billion (U.S. dollars) investment program to renovate...

August 31, 2010

The world’s third-largest grocer was one of more than 10 bidders to try to acquire...

July 21, 2010

Carrefour, the world’s second largest retailer behind Wal-Mart Stores, said it has renewed its contract...

July 15, 2010

Carrefour SA, the world’s second-largest retailer behind Wal-Mart Stores, said Thursday that its revenue increased 6.3% in the second quarter.

July 14, 2010

Carrefour SA, the world’s second-largest retailer behind Wal-Mart Sores, said Thursday that its revenue increased...

January 13, 2010

French retailer Carrefour SA hit its earnings targets in 2009 after higher sales in Brazil...

October 14, 2009

Carrefour SA is pulling out of its expansion plans in Russia due to the “absence...

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