Carrefour SA


  • Wal-Mart to expand wholesale outlets in India Tuesday, 8 Apr 2014 | 9:51 AM ET

    NEW YORK— Wal-Mart Stores Inc. says it will open 50 more wholesale stores in India over the next four to five years, adding to the current total of 20 in the country. Wal-Mart also said Tuesday it plans to launch an online operation for cash-and-carry customers in India.

  • MUMBAI, March 20- Billionaire Mukesh Ambani's Reliance Retail is poised to perform a rare feat in India's notoriously complex retail market by finally turning a profit.

  • SHANGHAI, March 16- Japan's Nikon Corp has moved to allay consumer fears in China after being criticised on a closely watched consumer show that said the camera maker had sold defective products in China and denied local consumers fair treatment in aftersales service.

  • SAO PAULO, March 13- France's Carrefour SA could raise as much as 5 billion reais from the sale of a stake in its Brazilian unit, one source with direct knowledge of the situation said, with potential bidders including Brazilian tycoon Abilio Diniz and a sovereign wealth fund.

  • Carrefour says Spain turns positive in fourth quarter Thursday, 16 Jan 2014 | 3:21 AM ET

    Carrefour said sales in austerity-hit Spain returned to growth in the fourth quarter for the first time since 2008.

  • Buy these French stocks to avoid France's problems Monday, 13 Jan 2014 | 4:50 AM ET

    Investors should differentiate between companies domiciled in France, versus companies exposed to the domestic French economy, analysts warn.

  • Wal-Mart recalls donkey product in China Thursday, 2 Jan 2014 | 12:55 AM ET
    A Wal-Mart store in the Shekou district of Shenzhen, China.

    Wal-Mart Stores has recalled donkey meat sold at some outlets in China after tests showed the product contained the DNA of other animals.

  • Carrefour to buy 127 malls for $2.75 billion Monday, 16 Dec 2013 | 2:13 AM ET

    France's Carrefour is buying a portfolio of 127 shopping malls in France, Spain and Italy from real estate group Klepierre.

  • Harleys, Hogs and Hells Angels ride on Africa Thursday, 5 Dec 2013 | 9:16 AM ET

    Harleys as a status symbol appeal to an increasing number of Africans—a continent that historically relied on motorcycles for basic transportation.

  • Ikea struggles to stay true to its culture Thursday, 28 Nov 2013 | 11:35 PM ET
    The app works on Android and iOS devices.

    Despite cultural misstep that was quickly corrected, the tension between Ikea and its far-flung outposts remains. The FT reports.

  • Europeans fault American safety effort in Bangladesh Monday, 18 Nov 2013 | 10:17 PM ET
    Bangladeshi rescue workers look on at the scene following a blaze that engulfed a garment factory in Sripur on October 9, 2013.

    Tensions broke on Monday between an American and European group of retailers that formed to improve factory safety in Bangladesh. The NYT reports.

  • EU stocks close narrowly higher after debt deal Thursday, 17 Oct 2013 | 12:05 PM ET

    European equities closed narrowly higher on Thursday, with investors underwhelmed by U.S. lawmakers finally reaching a deal to lift the country's borrowing limit.

  • Carrefour says French recovery gains momentum Thursday, 17 Oct 2013 | 1:41 AM ET

    Carrefour said sales at its French hypermarkets returned to growth in the third quarter while China also improved, further reassuring investors.

  • UK retailer Tesco launches cut-price tablet Monday, 23 Sep 2013 | 11:52 AM ET

    U.K. supermarket giant Tesco launched its attempt to tap into the tablet computer market and boost its online shopping and download services Monday when it unveiled its £119 ($190.95) "Hudl".

  • Europe shares higher, boosted by US data, Vodafone Thursday, 29 Aug 2013 | 11:30 AM ET

    European shares closed higher on Thursday, with investor sentiment boosted by earnings reports and the news that the U.S. economy accelerated more quickly than expected in the second quarter.

  • Six charged in biggest credit card hack on record Thursday, 25 Jul 2013 | 3:30 PM ET

    U.S. prosecutors said Thursday they have launched the country's largest hacking fraud case and charged six men with credit card theft.

  • Horsemeat Scandal Pushes Tesco Into Quarterly UK Fall Wednesday, 5 Jun 2013 | 2:52 AM ET

    Tesco, the world's third-biggest retailer, slipped back to an underlying sales decline in the U.K. in the first quarter, raising doubts about a costly recovery plan for its home market.

  • McDonald's Gives Away a Million McMuffins in China Wednesday, 13 Mar 2013 | 11:56 PM ET

    McDonald's will give away more than a million breakfast McMuffins across China on Monday, a few days after Chinese state television airs its annual expose on corporate malpractice to mark World Consumer Rights Day.

  • Carrefour

    Carrefour, Europe's biggest retailer, said it would boost capital spending this year to revive its struggling hypermarkets after 2012 profits fell 2.6 percent, depressed by falling demand in recession-hit Spain and Italy.

  • Findus Beef Lasagne found to contain 60 percent horse meat.

    Six big French retailers said on Sunday they were recalling lasagna meals and other products suspected of being mislabeled after the discovery of horsemeat in beef products.

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