Company Choice I decide to talk about Carrefour; French group’s retail sector. In 2009‚ the second global group of the industry in terms of sales behind Wal-Mart. Founded in 1959 in Annecy‚ it is present in Europe‚ South America and Asia‚ as well as in other areas of the world in the form of local partnership. In 1999‚ the company merged with the French group Promodès‚ one of its main competitors‚ and thus became the number one European supermarkets. The Carrefour Group has published a 2008 turnover
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Stakeholders Carrefour Group Employees as stakeholders: Carrefour is planning to become distinction from others in terms of human resources management and social responsibility in all the countries where it operates. Attracting‚ training‚ supporting and retaining loyalty while remaining open to people from a diverse range of backgrounds. The group do its best to ensure that all employees fulfill their potential and perform to the best of their abilities. Carrefour recruits 90% of its
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International Borrowing at Carrefour S.A. Briefly discuss the background of Carrefour SA and its financing practices. What are the borrowing alternatives? Carrefour S.A. is operating as a chain of hypermarkets‚ combining a supermarket‚ drugstore‚ discount store and gas station. Carrefour is originating from France‚ however‚ during 40 years it has expanded its operations to ten other European countries‚ six South and North American countries and nine Asian countries. The largest sales and profits
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Giorg i Gogava To: Mr. David Wikla uri Case # 12.1 Carrefour Expands Abroad 1. What is the biggest competitive threat facing Carrefour as it expends to global market ? There are many competitive threats facing Carrefour in the global environment such as competitive rivalry‚ low switching costs etc. but in my opinion the biggest threat which Carefour is facing is threat of substitution because the only real competitive advantage of Carrefour for example in China at first stage is not it’s well
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RETAIL INNOVATIONS CASE STUDY Carrefour: Hypermarket Reinvention Carrefour’s approach to revitalizing its hypermarket format and key action points for retailers looking to improve their large format store sales Reference Code: CM00028-002 Publication Date: December 2010 OVERVIEW Summary Verdict’s Retail Innovations case studies are new for 2010. Each profile provides an evaluation of a company that stands out due to a set of unique characteristics‚ or a particular strategic initiative
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of great uncertainty and increasing volatility in the overall business climate‚ Carrefour‚ the world’s second largest retailer aims to accelerate growth. Through a strategic lens‚ we seek to review and identify the various key areas that Carrefour need to focus so as to gain a stronger foothold in Asia. 1.1 The Research Background The purpose of the assignment is to analyze the business environment of Carrefour and ensure strategic integration of its people and policies with the aim of bringing
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threats while expanding their global market; they featured many products like groceries‚ toys‚ furniture‚ fast food and also financial services‚ all under one roof. The first hypermarket was opened in 1963 with the help of French government. By 1973 Carrefour became world’s most global retailer with 15‚000 stores globally. When Careefour established its first hypermarket in Philadelphia US‚ and other unit in US‚ but then shut down both the store soon. The problem was some customers found the store too
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sheet‚ the Profit & Loss account and its global ratios. The first aspect that can be observed is that the Company is huge as it has a large amount of total assets - more than 62 billion dollars at the end of 2011. However‚ the total assets owned by Carrefour decreased over the last five years and this sudden decrease can be attributed to the change of strategy adopted by the Company‚ which probably tried to generate more cash by lowering the total assets and tightening their business‚ going from $ 71
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......................................................................................................................................................................................................................... 3 2.0 Company Overview of Carrefour ........................................................................................................................................................................................................ 3 2.1 Company Portrait ....................
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Carrefour Introduction Carrefour one of the biggest retailers in Europe‚ which is working with the shopping area and discounters in the world. The company is headquartered in Paris‚ France.) The company started in France in 1959 and opened its first supermarket in 1960. The first major changes and expansions‚ which that it went through‚ were between the 70s and the 80s‚ a period that saw the stocks of the company being floated in 1970 in the Paris bourse. In 1970 the company presented in stock
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