Carrefour
Latest News
LVMH to sponsor Paris 2024 Olympic and Paralympics Games
Paris 2024 will take place from 26 July to 11 August and August 28 to 8 September next year and it is expected to draw 10,500 Olympic athletes
New Delhi: Luxury retail giant LVMH has become a premium partner of...
Digital
VTEX partners with Retail Insights to strengthen its capabilities in India
By joining forces, VTEX and Retail Insights aim to unlock new frontiers in commerce innovation, empowering businesses to thrive in the digital age
Mumbai: VTEX (NYSE: VTEX), the global enterprise digital commerce platform, has partnered with Retail Insights, an advanced...
In Focus
Ikea’s Ingka Centre to brand its India malls Lykli
The first shopping centre by the name Lykli is slated to open at Gurugram in 2025
New Delhi: Ingka Group, the parent company of Ikea, on Wednesday announced that it plans to brand its upcoming shopping centres in the country as Lykli.
Ikea’s...
Food
COVID-19 threatens foodservice operators with almost half of consumers cooking more at home
43.1 percent of consumers globally say they are spending more time cooking at home during the COVID crisis, which is hindering demand for takeaway services, says GlobalData, a leading data and analytics company.
Following the latest publication of GlobalData Retail’s...
International News
Suning completes acquisition of Carrefour China, accelerating full-scenario retail layout
Suning.com announced that it has completed the acquisition of Carrefour China, marking the start of the Suning era for Carrefour China.
The news follows the deal announced earlier this year (June 23), when Suning.com revealed it intended to acquire an...
Food
UK biggest retailer Tesco axes 4,500 supermarket jobs
Supermarket giant Tesco said Monday it is to axe about 4,500 jobs across its city-centre UK stores to slash costs. Tesco, which is Britain's biggest retailer, will carry out a reduction of around 4,500 colleagues as the group experiences...
Retail
Global Retailers in India: Moves, leaps & hurdles
India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...
Food
Carrefour announces transforming partnerships in China
Carrefour has announced a potential investment by Tencent and Yonghui in Carrefour China as well as a strategic cooperation agreement with Tencent in China.
Potential Investment by Tencent and Yonghui in Carrefour China
Carrefour has signed a term sheet with Tencent...
Food
French retail firm Auchan to open checkout-free shops in China
IANS -
Auchan, one of France's leading retail groups, has announced that it would open several shops without checkout counters in China by the year-end, a media report said.
"The operation of Auchan Minute is very simple and intuitive. To enter, the...
Food
French retail giant Carrefourr names Alexandre Bompard as new CEO
Carrefour announced the hiring of Alexandre Bompard as its new CEO according to the Wall Street Journal.
The French company is Europe's largest supermarket retailer, and currently sells out of warehouses in hypermarket designs. It aims to increase online retail sales...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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