Carrefour

History

The Carrefour company was created in 1959. In 1963, Carrefour invented a new store concept: The Hypermarket. The company opened hypermarkets in different countries throughout its history. Today, it is the largest retail group in Europe and 2nd largest in the world.

The mission of Carrefour is “to satisfy each and every customer expectation with professionalism and to offer the best possible prices for high-quality products and services”.

Carrefour gives importance to responsible commerce and campaigns for social awareness.

Area of Operation

The businesses of Carrefour are all types of retail distribution, primarily food retailing:

Hypermarkets
Supermarkets
Hard Discounters
Convenience Stores
Cash-and-carry
Electronic commerce

Key Statistics

Carrefour holds assets of $51.43 billion.
Carrefour has made profits of $1.88 billion in 2006.
Carrefour operates in 29 countries and regions.
Carrefour has 440,479 employees.

Organization

The organizational structure includes:

Board of Management
Group Management Committee
Operational Departments
Functional Departments

International Ranking

Carrefour ranks 119 in the world according to Forbes Magazine list.
Carrefour ranks 25 in Fortune Global 500 list.

Recent Acquisition

In 2006, Carrefour Spain acquired 4 hypermarkets and 2 petrol stations from Caprabo.
In September, 2005 Carrefour acquired 6 hypermarkets and 2 other projects from Tesco in Taiwan.
In June, 2005 there was acquisition of 10 hypermarkets from the Sonae Group in Sao Paolo, Brazil.
May,2005 saw the acquisition of 2 turkish retail banners Gima (81 supermarkets) et Endi (45 hard discount stores Discount) in Turkey.
Carrefour acquired 160 mainly convenience stores in the Apulia region in Italy through a partnership with Aligros in April,2005.
There was acquisition of 12 hypermarkets Hypernova from Ahold in Poland by Carrefour in February, 2005.

Headquarter Address

6 Avenue Raymond Poincaré
75769 Paris Cedex 16
France
Phone: 33-1-5370-1900
Website URL : www.carrefour.com