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Carrefour

Carrefour
Public company
Traded as EuronextCA
Industry Retail
Founded 1 January 1958; 59 years ago (1 January 1958)
Headquarters Boulogne Billancourt, France
Number of locations
Decrease 10,102
Area served
Worldwide
Key people
Georges Plassat
(Chairman and CEO)
Products Cash & Carry/warehouse club, convenience/forecourt store, discount store, hypermarket/supercenter/superstore, supermarket
Revenue Increase103.7 billion (2016)
Increase €2.347 billion (2014)
Profit Increase €1.249 billion (2014)
Total assets Decrease €45.78 billion (2014)
Total equity Increase €10.23 billion (2014)
Number of employees
381,227 (2015)
Subsidiaries See below
Website www.carrefour.com

Carrefour S.A. (French pronunciation: ​[kaʁfuʁ]) is a French multinational retailer headquartered in Boulogne Billancourt, France, in the Hauts-de-Seine Department near Paris. It is one of the largest hypermarket chains in the world (with close to 1,600 hypermarkets at the end of 2015) and second largest retail group in the world in terms of revenue (after Walmart), and the second in profit (after Walmart). Carrefour operates in more than 30 countries, in Europe, the Americas, Asia and Africa. Carrefour means "crossroads" and "public square" in French. The company is a component of the Euro Stoxx 50 .

The first Carrefour store (not a hypermarket) opened on in 1960, within suburban Annecy near a crossroads. (In French, carrefour means crossroads). The group was created in 1958 by , and Jacques Defforey, who attended and were influenced by several seminars in the United States led by "the Pope of retail" Bernardo Trujillo ().

The Carrefour group was the first in Europe to open a hypermarket, a large supermarket and a department store under the same roof. They opened their first hypermarket on 15 June 1963 in Sainte-Geneviève-des-Bois, near Paris in France.

In April 1976, Carrefour launched a private label Produits libres (free products – libre meaning free in the sense of liberty as opposed to gratis) line of fifty foodstuffs, including oil, biscuits (crackers and cookies), milk, and pasta, sold in unbranded white packages at substantially lower prices.


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