ESM’s Retail Wrap – Carrefour, Patrizia, Lidl Switzerland, ESD Italia
Carrefour and ADP team up for airport stores; Patrizia invests in Lidl real estate; Lidl Switzerland and WWF promote sustainable consumption.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Carrefour Belgium reports revenue growth and market share gains
Carrefour Belgium closed out the third quarter with like-for-like sales growth of 2.3%. This was accompanied by a 0.2 percentage point increase in market share and a further rise…
Carrefour Warns Of Up To €200m Hit From Riots And Looting
Carrefour cut its annual earnings forecast as riots, looting and curfews in France raised costs and disrupted store trading.
Carrefour To Sell Some Real Estate Portfolio In France And Spain
Carrefour has announced the sale of real estate portfolio comprising 35 stores in France and Spain to a joint venture.
Will Colruyt acquire 18 Belgian Carrefour supermarkets in exchange for Codifrance?
Details regarding the possible sale of Codifrance, Colruyt’s French wholesale business, to Carrefour are not known, but according to a French newsletter, 18 Belgian Carrefour…
ESM's Retail Wrap – Continente, Mercadona, SOK, Anora, Carrefour Belgium
Continente relaunches recycling initiative, Mercadona expands store network, SOK restructuring plan puts more than 100 jobs at risk.
Former Carrefour CEO Daniel Bernard has died
Daniel Bernard, who served as CEO of Carrefour from 1998 to 2005, passed away on the night of August 4–5. He expanded the retailer’s international operations, oversaw the merger…
Carrefour Sales Beat Forecasts As France, Brazil Drive Growth
Carrefour reported better-than-expected Q2 sales, boosted by improving momentum in France and a return to expansion in Brazil.
Carrefour satisfied with slight margin growth
Despite a challenging geopolitical environment, Carrefour posted solid revenue growth in its three core markets—France, Spain, and Brazil—during the first half of the year…
Turnaround at Carrefour Belgium: first operating profit in five years
Despite a declining market share and revenue under pressure, Carrefour in Belgium posted an operating profit last year for the first time since 2021. However, the retailer…