Carrefour: An Overview Carrefour:
January 2003

Table of Content

Overview Background Operations Sales By Format Carrefour By Country Sales Breakdown By Region, 2002 Sales Breakdown By Country, 2002 Latest Major Developments Carrefour In Context Leading Global Retailers’ Spread, 2002 Analysis By Country Prospects And Strategy SWOT Analysis

Overview

Main address: Carrefour S.A., BP 419-16, 75769 Paris Cédex 1 6 Avenue Raymond Poincaré, Paris 75116, France Tel: +33 1 53 70 19 00 Fax: +33 1 53 70 86 16 Website: www.carrefour.com Carrefour is the world’s second largest retailer in terms of sales. Truly global player with operations in over 30 countries. Major formats are hypermarkets, supermarkets and discount stores. Well known for entering and adapting to emerging markets. Group turnover (2002): EUR85.6 billion Total number of stores (including franchises): 10,673

Background

Carrefour SA was first listed on the French stock market in 1970. First opening stores in France during the 1960s, Carrefour went on to open the first hypermarkets in France and Europe.

First started expanding into the rest of Europe in the early 1970s and 1970 At the same time the ED discount format was introduced. The Carrefour own-label was introduced in 1985.

The first non-European store was opened in Brazil in 1975. Carrefour's first Asian store opened in Taiwan in 1989. Carrefour announced its intention to merge with Promodès at the end of August 1999 with the merger approved in January 2000. The Carrefour name was retained with the majority of Promodès stores rebranded. The merger pushes Carrefour to second place in global retailing.

Operation

Carrefour operates a diverse portfolio of formats, including hypermarkets, supermarkets, discount stores, cash & carries, c-stores and a number of neighbourhood store formats for independent retailers. Pioneer of hypermarket format. All hypermarkets trade under the Carrefou banner worldwide. With the opportunities for