frances carrefour revamps operations
Last Updated : GMT 17:34:35
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 17:34:35
Emiratesvoice, emirates voice

With Job Cuts, China Deal

France's Carrefour revamps operations

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice France's Carrefour revamps operations

France's Carrefour group
Paris - Emiratesvoice

France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China.

Carrefour, which was the world's second-biggest retailer at the start of the century after US giant Wal-Mart, has since slipped to ninth position, according to the Deloitte consultancy, having been overtaken by the likes of Amazon and Costco.

Some 2,400 jobs will be cut in Carrefour's French operations, which currently total 10,500 staff, via voluntary redundancies, the group announced.

The retailer's product mix is to be redirected towards more organic produce, with a target of increasing sales in that segment almost four-fold by 2022, it said.

It will also accelerate its online development, aiming for a 20-percent market share in French online food sales, and open at least 2,000 new neighbourhood outlets in its French home market in coming years.

Carrefour is hoping for 2 billion euros ($2.45 billion) dollars of annual savings from 2020 onwards thanks to the restructuring as it streamlines logistics and overheads.

Carrefour also said it had signed a deal with Chinese internet giant Tencent and supermarket group Yonghui which will take a minority stake in Carrefour's Chinese subsidiary.

GMT 05:44 2018 Saturday ,13 January

Salmonella scandal casts harsh light

GMT 08:29 2018 Tuesday ,09 January

Macron calls for Europe-China alliance

GMT 07:46 2018 Wednesday ,03 January

World markets ring in 2018 on mixed note

GMT 12:04 2017 Monday ,11 December

Israel, Turkey leaders trade insults

GMT 07:08 2017 Sunday ,26 November

Small businesses getting into the tax
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

frances carrefour revamps operations frances carrefour revamps operations

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

frances carrefour revamps operations frances carrefour revamps operations

 



Emiratesvoice, emirates voice Skincare PR Performance Full Year 2017

GMT 08:36 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Emiratesvoice, emirates voice New hunt for flight MH370 gets under way

GMT 10:28 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Emiratesvoice, emirates voice Modern colorful bedroom renovation

GMT 12:12 2017 Thursday ,21 December

Modern colorful bedroom renovation
Emiratesvoice, emirates voice Five Saudi women pilots granted GACA licences

GMT 15:04 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences
Emiratesvoice, emirates voice Turkey detains dozens more

GMT 10:11 2018 Wednesday ,24 January

Turkey detains dozens more
Emiratesvoice, emirates voice The Rake announces editorial updates

GMT 12:47 2018 Tuesday ,16 January

The Rake announces editorial updates
Emiratesvoice, emirates voice Europe brings on charm and blue skies

GMT 06:02 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Emiratesvoice, emirates voice Sophisticated Classic Dining Room Design Ideas

GMT 12:15 2017 Monday ,18 December

Sophisticated Classic Dining Room Design Ideas
Emiratesvoice, emirates voice Arab Coalition Forces kill scores of Houthi commanders

GMT 12:46 2018 Thursday ,30 August

Arab Coalition Forces kill scores of Houthi commanders
Emiratesvoice, emirates voice Amazon to open first cashierless shop

GMT 05:18 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 08:11 2018 Thursday ,18 January

Tito's legendary, rusting yacht set for overhaul

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 17:29 2017 Tuesday ,05 September

Singer Haifa Wahby will issue a new album

GMT 09:33 2013 Wednesday ,27 February

Moawad flying to Germany

GMT 10:51 2018 Wednesday ,17 January

Airbus warns A380 programme at risk

GMT 12:46 2018 Tuesday ,09 January

Macron endorses China's Silk Road but warns

GMT 06:52 2018 Monday ,08 January

Bitcoin: Big in Japan

GMT 05:16 2018 Saturday ,06 January

UN Security Council to meet Friday

GMT 00:40 2017 Wednesday ,22 February

74 bodies of migrants wash ashore in Libya

GMT 11:25 2017 Thursday ,10 August

Querrey and Keys move up in rankings

GMT 11:28 2015 Friday ,09 October

Why elephants rarely get cancer?

GMT 06:54 2017 Thursday ,17 August

Hokkaido makes it special

GMT 13:46 2017 Wednesday ,22 November

CAPRICORN (December22nd-January20th)

GMT 12:04 2017 Tuesday ,21 November

GEMINI (May22nd-June21st)

GMT 05:43 2017 Wednesday ,18 October

Dubai home below Dh1 million? I will buy

GMT 20:11 2017 Sunday ,08 January

Will health care be disrupted

GMT 19:49 2017 Monday ,27 November

Suicide bombers attack Baghdad market, killing 8

GMT 08:32 2017 Thursday ,19 October

Saudi Arabia cancels charity gig by Egyptian pop star

GMT 06:21 2017 Tuesday ,24 October

Will electric cars shock oil prices?

GMT 13:24 2017 Wednesday ,27 September

The Irish no-frills airline plans to fly 25 fewer aircraft

GMT 23:04 2017 Friday ,26 May

Saeeda Fekry returns to her fans
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube
emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice