Amazon has become a lightning rod for frustrated French retailers worried about surviving the latest wave of lockdowns.
“The crisis confirms the relevance of our multiformat and omnichannel strategy,” said Carrefour ceo Alexandre Bompard.
Wellcome stores will be converted to the Market banner while Jasons stores will be operated under the Carrefour premium banner.
“Our group has become an essential actor for food — a public service,” said ceo Alexandre Bompard.
Consumers may favor hypermarkets again, executives said.
The retailer also raised cost savings targets.
Yes, it’s relatively quiet at the close of 2019. WWD investigates shortcomings in shouting sustainable commitments.
“Carrefour is showing a clear improvement in performance and half-year results are growing,” said ceo Alexandre Bompard.
Groceries will be delivered by scooter and bicycle in large city centers starting in October.
The retail giant will keep a minority stake and board seats in the Chinese business.
The executive spoke to shareholders, who voted in new board members including Alexandre Arnault at the annual meeting.