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Lars Olofsson

Carrefour under fire for Brazil plans

Tensions over Carrefour’s contentious plan to merge its Brazilian assets with those co-owned by a French rival have intensified after a shareholder lobby group raised concerns with Paris regulators about the deal.Deminor, a group which acts on behalf of...

Carrefour profit fears over French stores

Carrefour has been forced to issue what many analysts believe will be the precursor to a profit warning because of the problems at its French supermarket business.The French retailer, the world’s biggest supermarket chain after Walmart of the US,...

Carrefour names new France head as woes build

Carrefour , the world's second-biggest retailer, shifted its European head to oversee its struggling French division, the latest in a series of moves to bolster investor confidence in its recovery plan. Carrefour, which is to face investors at an...

Standing at the crossroads

Even as rivals are chalking out plans to expand, French retail major Carrefour has chosen to go slow in India.French retail major Carrefour, the second-largest in the world in terms of revenue (euro 90 billion) after Walmart, is going...

Carrefour names Noël Prioux as executive director for Europe

Lars Olofsson, chief executive officer and board member of Carrefour, has appointed Noël Prioux as executive director for Europe and member of Carrefour’s Executive Board, replacing Vicente Trius. He will be responsible for Belgium, Spain, Italy, Poland, Greece, Cyprus...

Carrefour and Alliance Boots sign agreement

In the beauty category, French retailer Carrefour and Alliance Boots, a leading international pharmacy-led health and beauty group, have come together to sign a long-term cooperation agreement to enhance one of the core pillars of Carrefour - the beauty...

Carrefour inks long-term pact with Alliance Boots

Carrefour, the world's second largest retailer, and Alliance Boots, a leading international health and beauty group, have concluded a long-term cooperation agreement in the beauty category.This cooperation will leverage the scale and presence of Carrefour and the advanced beauty...

Carrefour enters Indian shores

World's second largest retailer, Carrefour has entered the booming Indian retail sector with its first wholesale cash-and-carry outlet in Delhi. The 5,200-sq.m store at Seelampur Metro Mall, will offer 10,000 food and non-food items to professional businesses, institutions, restaurants...

Carrefour marks its entry into India

World's second largest retailer Carrefour has entered the booming Indian retail sector with its first wholesale cash-and-carry outlet in Delhi. The 5,200-sq.m store at Seelampur Metro Mall, inaugurated on December 30, will offer 10,000 food and non-food items to...

Carrefour to remodel 500 stores by 2013

Carrefour, which recently unveiled a new hypermarket concept, called Carrefour Planet, plans to convert or remodel 500 stores by early 2013 in France, Italy, Belgium and Greece. The remodelled stores will aim at creating a new shopping experience for...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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