Carrefour SA

French hypermarket and supermarket group

Overview

Carrefour operates supermarkets and other retail stores and reports geographic segments for France, the rest of Europe and Latin America.[2] Forbes records it was founded by Marcel Fournier on 11 July 1959 and is headquartered in Massy, France.[2] Sales were US$94.8bn, almost unchanged (+0.5%), and profit US$360m, a margin of 0.4%, the second lowest among the 25 after Albertsons.[2] Carrefour fell from tenth to eleventh as Tesco overtook it. Its market value of US$14.0bn is the third-lowest of the 25, and Forbes counts 298,604 employees.[2]

Carrefour SA strengths and limitations

Strengths

  • Large presence in France and Brazil
  • Eleventh-largest sales
  • Multi-format store network

Limitations

  • Profit margin 0.4%
  • Sales flat
  • Market value of US$14.0bn

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