Carrefour Company Description
At the junction of groceries, merchandise, and services, you'll find Carrefour (which means "crossroads"). The world's second-largest retailer (behind Wal-Mart), Carrefour operates about 15,000 stores under some two dozen names, including hypermarkets (Carrefour), supermarkets (Champion), convenience stores (Shopi, Marché Plus), discount stores (Dia, Ed), and cash-and-carry stores (Promocash) in about 30 countries in Europe, Latin America, and Asia. France accounts for about 45% of the retailer's sales. Carrefour secured its spot as the #1 European retailer (based on sales) when it merged with food retailer Promodès early in 2000 and raised its banner over those stores.
View the Comprehensive Company Description for Carrefour
The Company Description provides a historical perspective of Carrefour's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Carrefour's evolution in the marketplace.
