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Carrefour

Carrefour acquires the Bio c’ Bon banner

2 mins read

The FINANCIAL — The Paris Commercial Court has decided to select the Carrefour Group’s offer for the acquisition of the Bio c’ Bon banner. This strategic acquisition reinforces the group’s ambition to become the leader in organic food and the food transition for all. The Court also validated Carrefour’s social project, including its commitment to preserve the employment of more than 1,000 Bio c’ Bon employees, almost the entirety of the current workforce. This acquisition will enable Carrefour to accelerate the development of its presence in the specialized distribution of organic products in urban centers, a growing sector, with a…

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Carrefour acquires the Bio c’ Bon banner

2 mins read

The FINANCIAL — The Paris Commercial Court has decided to select the Carrefour Group’s offer for the acquisition of the Bio c’ Bon banner. This strategic acquisition reinforces the group’s ambition to become the leader in organic food and the food transition for all. The Court also validated Carrefour’s social project, including its commitment to…

FMCG in China is on the road to recovery

4 mins read

The FINANCIAL — The total spending on fast-moving consumer goods (FMCG) in China grew by 4.1% in the 12 weeks to 11 September 2020 compared to the same period last year. Stronger growth in lower-tier cities and ecommerce channels remained the key drivers. Non-food products continued to grow well, with home care products reporting an…

Carrefour sells 60% of its Fintech Market Pay to AnaCap Financial Partners

2 mins read

The FINANCIAL — Carrefour announces the disposal of a 60% stake in its Market Pay payments platform to AnaCap Financial Partners, a specialist investor in European financial services, in order to accelerate its development and diversification. This all-cash transaction values Market Pay at an enterprise value of c.300 million euros.Developed by Carrefour teams since in…

Carrefour reported record growth in Q3

2 mins read

The FINANCIAL — Carrefour released third quarter sales: ● Excellent sales momentum in Q3: +8.4% on a like-for-like basis (LFL), best performance in at least 20 years● Successful roll-out of actions focused on customer satisfaction: NPS® acceleration of +4 points since end-June(1), including +7 points in France● In Brazil (+26.0% LFL): Record growth thanks to…