Carrefour In mid-1972 Decisions about speed and direction of future growth‚ and how to finance that growth Company Background • Begun operations in 1960 with a supermarket (650 mts2) in France • In 1963 opened the first hypermarket (2.500 mts2) just outside of Paris‚ France • Between 1965 and 1971 sales grew at an annual rate exceeding 50% (non food products accounted for 40% of that volume). • Corporate assets growth as faster as sales • Starting in 1970‚ new stores called “commercial centers”
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EXECUTIVE SUMMARY India is a country rich with opportunity and potential for great future growth. Like any nation‚ India has both strengths and weaknesses‚ as well as countless opportunities and threats within its culture and economy. India’s greatest strength is its labor force. Not only does it boast the second largest labor force in the world but it is also one of the cheapest. With a young and growing population‚ more and more outsourcing international businesses are looking
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Carrefour is an international hypermarket chain that originated in the French territory in the year 1957. Right from the time of its foundation‚ the company has been on an expansion spree and today has its reach throughout the world. The company has € 108 billion in yearly turnover and a profit of 385 million Euros annually. It holds the distinction of employing 495‚000 employees across the globe. and operates 1‚530 hypermarkets‚ supermarkets in over 33 countries worldwide. In addition to that
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1 India: SWOT Analysis For Indians who have access to western education and possess english speaking skills‚ times couldn’t have been better. A generation ago‚ no one could have imagined the plethora of job options available today – IT‚ BPO‚ media‚ finance‚ insurance. Even traditional professions like journalism provide many more opportunities than they did a couple of decades ago. Economic upliftment can be seen clearly in most parts of urban India. Perhaps‚ the concept of middle class values
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Background • Carrefour entered the Chinese market in 1995 ‚ by establishing the first store in Beijing . By the end of 2013 ‚ Carrefour operates 236 hypermarkets in 73 cities in China‚ with 60‚000 employees. • Carrefour make its commitment to the corporatecitizenship in China and very focused on its corporate social responsibility. Carrefour had set up the " Farm" ‚ "Food Safety Training "‚ “Food Safety Testing Room"‚ to provide safe and secure goods for its customers and satisfy different needs
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Today our group will be talking about Carrefour S.A which is a retailer located mainly in Europe. Carrefour is a hypermarket. How many of you guys know what a hypermarket is? A hypermarket is basically a superstore that offers a wide assortment of food as well as non-food products at economic prices‚ but they are much larger in size than traditional supermarkets. The size of hypermarkets can range from 2400 to 3000 square meters. Carrefour’s core strengths have been in its low prices‚ wide product
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| |CASE STUDY: CARREFOUR- OPPORTUNITIES IN MEXICO | |SUBMITTED TO: MR. RAJESH KOCHHAR | |(COURSE TUTOR) | SUBMITTED BY ISHU GUPTA 80025 FM INTRODUCTION: Company Background: • Carrefour founded in 1960 started the concept of vast new stores popularly referred
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Carrefour background information Carrefour is an international retail chain with its headquarters located in Levallois-Perret‚ France. Carrefour operates mainly in the European Union‚ South America‚ East Asia and Northern Africa. It is currently the number 1 retail group in Europe and number 2 retail group worldwide in terms of revenue after Wal-Mart. Carrefour has 12 547 stores‚ 456 295 employees in 29 countries worldwide. Carrefour’s first store was opened in 1960‚ in Annecy‚ France and
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Carrefour was started in Paris‚ France by the Fournier and Deoffrey families in 1959. In 1960‚ the company opened its first supermarket‚ followed by the opening of the first Carrefour hypermarket in Sainte-Genevive-des-bois in 1963. In 1969‚ the opening of the first Carrefour store in Belgium marked the beginning of Carrefour’s international expansion. Between 1970 and 1980‚ the company went through a number of changes and expansions. In 1970‚ the company’s stock was floated on the Paris Bourse
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barriers to entry Difficult and confusing government regulation Problem Statement 1. Carrefour failed in creating brand recognition and familiarity within Russia. 2. Carrefour did not allow ample time to gain the expected market share in Russia. 3. Carrefour’s first three store locations in Russia were not in ideal areas. Problem Analysis To establish a loyal following of customers and increase market share‚ Carrefour needed to develop brand recognition within Russia in a very short time. Since the
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