Retailers dominated this week’s news, with the appointment of a new CEO at Asda, bumper numbers from Sainsbury’s, upbeat noises from Whole Foods and strike action at Carrefour. Here is the best of who said what about this week’s top stories.

UK retail grabbed the headlines this week, with Wal-Mart announcing the appointment of a new CEO for local arm Asda and Sainsbury’s booking a set of bumper full-year results.

Bharti Wal-Mart, the joint venture between US retailer Wal-Mart and Indian conglomerate Bharti Group, has confirmed that it intends to increase its pace of store openings in India.

French retail giant Carrefour has revealed that it is preparing to open its first cash and carry outlet in the Indian market.

Carrefour’s biggest French staff union, Force Ouvrière (FO) has officially rejected the company’s offer of a 1.5% pay increase and has called for industrial action later this month.

Spanish retailer Bon Preu is in talks to sell a number of local Intermarché outlets it owns outside Catalonia.

Carrefour workers in France are poised to reject an improved offer from management raising the possibility of industrial action which, on the basis of previous strike calls, could take the form of blocking stores all over the country.

The head of Carrefour’s hypermarket business in Belgium, a troubled market for the French retail giant, has stepped down from the role.

Future Group has denied reports that it has struck a franchise agreement with France’s Carrefour.

Carrefour has reportedly reached an agreement with Future Group that will see India’s largest retailer operate Carrefour-branded franchise stores in the country.

With India’s huge population, economic expansion and rapidly developing middle-class, the Indian retail sector has long been viewed as a highly desirable prize for international retailers.

Carrefour has hit out at the „deplorable” actions of union officials in Belgium after talks between the two sides failed to stop plans for a strike tomorrow (30 April).

Unions representing Carrefour workers in France have suspended a call for nationwide industrial action tomorrow (30 April) following the retail giant’s agreement to open negotiations on wages.

UK retailer Tesco saw the value of its brand climb 12% in 2009, according to brand consultants Millward Brown Optimor.

Talks scheduled for tomorrow between Carrefour’s Belgian business and worker representatives are „unlikely” to prevent Friday’s (30 April) planned strike among the retailers’ workers, the local Setca union has told just-food.

Carrefour is facing another strike among its staff in Belgium on Friday (30 April) as the French retail giant continues to face worker opposition to plans to restructure the business in the country.

French retail giant Carrefour plans to expand its store count in Romania, with the opening of additional stores in the country’s capital.

French retail giant Carrefour is reportedly planning to open its first store in Iraq this year.

French retail dominated the headlines last week with the likes of Carrefour, Auchan and Casino updating the market on their recent performance.

UK retail was somewhat shaken this week by the news that Asda boss Andy Bond will step down as its CEO. Just three days on, Bond, who is staying at the UK arm of Wal-Mart, outlined ambitious growth plans for the market over the next five years.

From Asda’s Andy Bond explaining his departure from the UK retailer’s hot seat, through the UK organic sector insisting things are looking up, to UK food group Uniq standing by its proposed deal to tackle its pension deficit, many in the industry were on the back foot this week. Here is a flavour of who said what about the top stories in the food sector.

Shares in French retail giant Carrefour rose today (16 April) after the company booked an increase in first-quarter sales and announced plans for its first share buyback for three years.

Carrefour has sold a 40% stake in its Indonesian business to local conglomerate Para Group, the French retailer confirmed today (16 April).

French retail giant Carrefour struck an upbeat note this afternoon (15 April) as it revealed that first-quarter sales rose by 2.3%, excluding petrol.

French retailer Carrefour has appointed Christian Charitat to head up its Bulgarian operations.

There was an M&A flavour to this week’s news, with speculation over the possible disposals of Unilever’s last frozen food operation, as well as the European seafood business behind tuna brand John West. UK poultry giant The Boparan Group bought fish group Five Star Fish and promised to build its retail base, while we interviewed UK own-label giant Bakkavor’s CEO and CFO.

UK retailer Marks and Spencer posted lacklustre fourth-quarter food sales, which analysts say raises doubts over the positioning of the group’s food business.

Shares in Carrefour gained today (7 April), as the retail giant’s stock outperformed the French market on rumours that the company will sell its discount chain in Portugal. However, Katy Humphries cautions, any plans to exit Portugal are a small step on Carrefour’s long road to recovery.

Carrefour, the French retail giant, has attempted to diffuse union anger in Belgium over plans to scale back its business with revised plans that would mean the closure of fewer stores. However, unions are still unhappy and, strategically, some industry watchers believe the world’s number two retailer is stuck with little room for manoeuvre in a market with some fierce competitors. Dean Best reports.

Unions in Belgium have again hit out at Carrefour despite the retail giant proposing to close fewer stores than originally planned in the country.

Datamonitor’s Carrefour S.A. – SWOT Analysis company profile is the essential source for top-level company data and information. Carrefour S.A. – SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Carrefour SA (Carrefour or „the group”) is the world’s second largest and Europe’s largest retailer of groceries and consumer goods. The group operates more than 15,000 stores (both company-operated or franchises) through four main grocery store formats: hypermarkets; supermarkets; hard discount and convenience stores. Carrefour operates in Europe, Latin America and Asia. The group is headquartered in Levallois Perret Cedex, France and employs more than 495,000 people. The group recorded revenues of E88,225.2 million ($129,809.3 million) during the financial year (FY) ended December 2008, an increase of 5.9% over 2007. The operating profit of the was E2,775.9 million ($4,084.3 million) during FY2008, a decrease of 16.8% over 2007. The net profit was E1,271.8 million ($2,299.4 million) in FY2008, a decrease of 44.7% over 2007.

Carrefour shot to prominence very quickly in China’s retail market, stealing the thunder of arch competitor Wal-Mart, taking a strong initial lead among the foreign retailers in the grocery market, which Wal-Mart won back by pipping Carrefour to the post in their purchase of Trust-Mart.

Carrefour SA is focusing on strengthening its position in key markets and establishing close relationship with customers. In line with this strategy, the group has taken initiatives to expand product portfolio and create a balance between grocery and non-grocery products.

Read the article on just-food.com

Carrefour

Retailers dominated this week’s news, with the appointment of a new CEO at Asda, bumper numbers from Sainsbury’s, upbeat noises from Whole Foods and strike action at Carrefour. Here is the best of who said what about this week’s top stories.

UK retail grabbed the headlines this week, with Wal-Mart announcing the appointment of a new CEO for local arm Asda and Sainsbury’s booking a set of bumper full-year results.

Bharti Wal-Mart, the joint venture between US retailer Wal-Mart and Indian conglomerate Bharti Group, has confirmed that it intends to increase its pace of store openings in India.

French retail giant Carrefour has revealed that it is preparing to open its first cash and carry outlet in the Indian market.

Carrefour’s biggest French staff union, Force Ouvrière (FO) has officially rejected the company’s offer of a 1.5% pay increase and has called for industrial action later this month.

Spanish retailer Bon Preu is in talks to sell a number of local Intermarché outlets it owns outside Catalonia.

Carrefour workers in France are poised to reject an improved offer from management raising the possibility of industrial action which, on the basis of previous strike calls, could take the form of blocking stores all over the country.

The head of Carrefour’s hypermarket business in Belgium, a troubled market for the French retail giant, has stepped down from the role.

Future Group has denied reports that it has struck a franchise agreement with France’s Carrefour.

Carrefour has reportedly reached an agreement with Future Group that will see India’s largest retailer operate Carrefour-branded franchise stores in the country.

With India’s huge population, economic expansion and rapidly developing middle-class, the Indian retail sector has long been viewed as a highly desirable prize for international retailers.

Carrefour has hit out at the „deplorable” actions of union officials in Belgium after talks between the two sides failed to stop plans for a strike tomorrow (30 April).

Unions representing Carrefour workers in France have suspended a call for nationwide industrial action tomorrow (30 April) following the retail giant’s agreement to open negotiations on wages.

UK retailer Tesco saw the value of its brand climb 12% in 2009, according to brand consultants Millward Brown Optimor.

Talks scheduled for tomorrow between Carrefour’s Belgian business and worker representatives are „unlikely” to prevent Friday’s (30 April) planned strike among the retailers’ workers, the local Setca union has told just-food.

Carrefour is facing another strike among its staff in Belgium on Friday (30 April) as the French retail giant continues to face worker opposition to plans to restructure the business in the country.

French retail giant Carrefour plans to expand its store count in Romania, with the opening of additional stores in the country’s capital.

French retail giant Carrefour is reportedly planning to open its first store in Iraq this year.

French retail dominated the headlines last week with the likes of Carrefour, Auchan and Casino updating the market on their recent performance.

UK retail was somewhat shaken this week by the news that Asda boss Andy Bond will step down as its CEO. Just three days on, Bond, who is staying at the UK arm of Wal-Mart, outlined ambitious growth plans for the market over the next five years.

From Asda’s Andy Bond explaining his departure from the UK retailer’s hot seat, through the UK organic sector insisting things are looking up, to UK food group Uniq standing by its proposed deal to tackle its pension deficit, many in the industry were on the back foot this week. Here is a flavour of who said what about the top stories in the food sector.

Shares in French retail giant Carrefour rose today (16 April) after the company booked an increase in first-quarter sales and announced plans for its first share buyback for three years.

Carrefour has sold a 40% stake in its Indonesian business to local conglomerate Para Group, the French retailer confirmed today (16 April).

French retail giant Carrefour struck an upbeat note this afternoon (15 April) as it revealed that first-quarter sales rose by 2.3%, excluding petrol.

French retailer Carrefour has appointed Christian Charitat to head up its Bulgarian operations.

There was an M&A flavour to this week’s news, with speculation over the possible disposals of Unilever’s last frozen food operation, as well as the European seafood business behind tuna brand John West. UK poultry giant The Boparan Group bought fish group Five Star Fish and promised to build its retail base, while we interviewed UK own-label giant Bakkavor’s CEO and CFO.

UK retailer Marks and Spencer posted lacklustre fourth-quarter food sales, which analysts say raises doubts over the positioning of the group’s food business.

Shares in Carrefour gained today (7 April), as the retail giant’s stock outperformed the French market on rumours that the company will sell its discount chain in Portugal. However, Katy Humphries cautions, any plans to exit Portugal are a small step on Carrefour’s long road to recovery.

Carrefour, the French retail giant, has attempted to diffuse union anger in Belgium over plans to scale back its business with revised plans that would mean the closure of fewer stores. However, unions are still unhappy and, strategically, some industry watchers believe the world’s number two retailer is stuck with little room for manoeuvre in a market with some fierce competitors. Dean Best reports.

Unions in Belgium have again hit out at Carrefour despite the retail giant proposing to close fewer stores than originally planned in the country.

Datamonitor’s Carrefour S.A. – SWOT Analysis company profile is the essential source for top-level company data and information. Carrefour S.A. – SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Carrefour SA (Carrefour or „the group”) is the world’s second largest and Europe’s largest retailer of groceries and consumer goods. The group operates more than 15,000 stores (both company-operated or franchises) through four main grocery store formats: hypermarkets; supermarkets; hard discount and convenience stores. Carrefour operates in Europe, Latin America and Asia. The group is headquartered in Levallois Perret Cedex, France and employs more than 495,000 people. The group recorded revenues of E88,225.2 million ($129,809.3 million) during the financial year (FY) ended December 2008, an increase of 5.9% over 2007. The operating profit of the was E2,775.9 million ($4,084.3 million) during FY2008, a decrease of 16.8% over 2007. The net profit was E1,271.8 million ($2,299.4 million) in FY2008, a decrease of 44.7% over 2007.

Carrefour shot to prominence very quickly in China’s retail market, stealing the thunder of arch competitor Wal-Mart, taking a strong initial lead among the foreign retailers in the grocery market, which Wal-Mart won back by pipping Carrefour to the post in their purchase of Trust-Mart.

Carrefour SA is focusing on strengthening its position in key markets and establishing close relationship with customers. In line with this strategy, the group has taken initiatives to expand product portfolio and create a balance between grocery and non-grocery products.

Read the article on just-food.com

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