Carrefour Kenya ventures into Coastal Kenya opening a new store

KENYA – French retailer Carrefour, has made a debut in Kenya’s second largest city, Mombasa with the opening of its 9th store. The new store is located at City Mall in Nyali, where South African retailer Shoprite was the anchor tenant, prior to embarking on its plan of exiting the Kenyan market. With over 2,000 square meters of selling area, the new supermarket will be home to a variety of quality products to address the immediate shopping needs of customers who live, work and vacation within Mombasa and its surrounding…

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Carrefour set to open fourth outlet in Cameroon in expansion spree

CAMEROON – French retail group Carrefour in partnership with CFAO retail is planning to open its 4th store in Douala, Cameroon as part of its strategy to conquer the Sub-Saharan African retail market. The new outlet to be opened before the end of the year will be the 3rd in Douala, hosted inside the Douala Grand Mall, reports Business in Cameroon. Carrefour opened its first outlet in the country in 2017 in Bonamoussadi, Douala. In September it opened its second store in the city. In the framework of its sub-Saharan…

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Battle of expansion between Kenyan retailers Naivas, Carrefour, eyeing bigger market share

KENYA – IFC backed Kenyan retaier Naivas is set to open its 66th outlet at the Waterfront Mall in Karen replacing South African retailer Shoprite, who cut short its tenancy in April. The Kenyan retail market defined by heightened competition by both local and international retailers will also see Carrefour opening additional stores in Mombasa before the year ends, as part of its plan of opening six new outlets in 2020. Joining SA’s Game Stores as anchor clients at the shopping centre, Naivas is set to increase traffic to the…

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Carrefour to open third outlet in Cameroon as part of US$134m investment project

CAMEROON – French retail group Carrefour is planning to open a new store in Douala Cameroon in the framework of its expansion in Sub-Sahara Africa in partnership with CFAO retail. The new store sits on 1100 m2 land, including a 700 m2 sales area, which will offer a range of food products including those made in Cameroon. According to reports by Business in Cameroon, the new outlet will create 80 direct jobs and a number of indirect jobs. The inaugurated store will be the second in Douala but third in…

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Carrefour to strengthen position in Spain with acquisition of 172 Supersol stores

SPAIN – Paris-headquartered retail giant, Carrefour has reached an agreement to acquire 172 stores under the Supersol banner in Spain with an enterprise value of €78 million (US$92.8m). According to the retailer, the move is aimed to strengthen its number two position in the country by allowing it to accelerate its expansion in line with the strategy underpinning in its 2022 transformation plan. The 172 convenience stores and supermarkets are located mainly in Andalusia and the Madrid region and Carrefour plans to convert them to the convenience stores (Express), supermarkets…

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Carrefour partners with Google to launch new e-commerce grocery experience in France

FRANCE – Paris-headquartered retail giant, Carrefour, in collaboration with Google, has launched a new voice-based e-commerce grocery shopping experience in France, to further accelerate its trajectory of e-commerce. The launch makes Carrefour the first retailer in the world to offer customers the new integrated voice shopping service on the Google Assistant, as the company continues to build on its multichannel offering. Based on a combination of advanced technologies, the retail group says that the innovative service simplifies and personalizes the grocery shopping experience while protecting the personal data of users.…

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Carrefour Kenya opens eighth store in expansion plan

KENYA – French retailer Carrefour has opened its eighth store at Nairobi Mega property along Uhuru Highway, owned by automobile dealer Car & General, increasing its footprint in the local retail space. The Majid Al Futtaim group owned retail franchise in Kenya has from the shells of the former occupant of the space, Nakumatt, designed a new two-storey store. “The opening of our new Carrefour store in Nairobi underscores our commitment to offering great customer experiences through high-quality retail outlets where customers can access quality products at the best prices,”…

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Carrefour sets new target to decarbonize its business in renewed sustainability efforts

FRANCE – French multinational retailer, Carrefour Group has unveiled a new set of targets seeking to further reduce its store-related carbon footprint by cutting carbon emissions on products sold in its stores by 30% over the next decade. The retailer, which operates 12,300 stores in more than 30 countries, has further set the target of cutting its greenhouse gas emissions by 55% between now and 2040, compared with 2019 levels. As part of the new commitment, Carrefour has structured its product climate action plan around three priorities; production of goods…

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Carrefour accelerates its expansion with the acquisition Dairy Farm’s stores in Taiwan

FRANCE – Carrefour has entered into an agreement with Dairy Farm to acquire its proximity stores in Taiwan, further consolidating the French retailer’s position as the one of the leading multi-format food retailer in that market. The transaction involves Dairy Farm’s 224 proximity stores in Taiwan, 199 Wellcome – and 25 Jasons, as well as a warehouse for an enterprise value is EUR 97 million (US$108.37m). By combining these businesses, Carrefour said that customers and team members will benefit from the group’s greater strength and scale while allowing Carrefour to…

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Carrefour Kenya set to open new branch in June

KENYA – Carrefour Kenya, operated by Dubai-based conglomerate, Majid Al Futtaim is set to open its eight store in June following the signing of lease deal for the refurbished Nairobi Mega property along Uhuru Highway between the retailer and the property owner, automobile dealer Car & General. This was revealed by Car & General in its half-year financial report, that Carrefour will be the anchor tenant at the property which was formerly occupied by the once-dominant Nakumatt. “We have completed the refurbishment of Nairobi Mega (formerly Nakumatt Mega), which comprises…

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