Carrefour S.A. is a French multinational retailer headquartered in Boulogne Billancourt, France, in the Hauts-de-Seine Department close Paris. It is one of the biggest hypermarket chains on the planet (with 1,462 hypermarkets toward the finish of 2016). Carrefour works in more than 30 nations, in Europe, the Americas, Asia and Africa. Carrefour signifies “junction” in French. The organization is a part of the Euro Stoxx 50 securities exchange file.
The main Carrefour store (not a hypermarket) opened on in 1960, inside rural Annecy close to an intersection. (In French, carrefour implies junction). The gathering was made in 1958 by Marcel Fournier, Denis Defforey and Jacques Defforey, who went to and were impacted by a few courses in the United States drove by “the Pope of retail” Bernardo Trujillo. The Carrefour bunch was the first in Europe to open a hypermarket, a vast grocery store and a retail chain under a similar rooftop. They opened their first hypermarket on 15 June 1963 in Sainte-Geneviève-des-Bois, close Paris in France.
In April 1976, Carrefour propelled a private mark Produits libres (free items – libre significance free in the feeling of freedom instead of complimentary) line of fifty foodstuffs, including oil, bread rolls (wafers and treats), drain, and pasta, sold in unbranded white bundles at significantly bring down costs. In 1999, it converged with Promodès, known as Continent, one of its real rivals in the French market. In September 2009, Carrefour refreshed its logo. In May 2011, Carrefour checked on its circumstance under states of dormant development and expanding rivalry in France from rivals including Casino Guichard-Perrachon SA, and change the store with the new idea of Carrefour Planet in Western Europe.
In April 2015, Brazilian specialist Abílio Diniz uncovered he was in converses with raise his 5.07 percent stake in Carrefour and has the help of investors to take a board situate. On 9 June 2017, the Board of Directors picked Alexandre Bompard as the new Chairman and Chief Executive Officer of Carrefour with impact starting at 18 July 2017.
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