1. How should Mr. Durant assess the opportunities in various countries around the world [IN EVERY COUNTRY‚ -THE COMPANY SHOULD ASSESS THE MARKET . -DEFINE THE SOCIO-ECONOMIC PROFILE. -IDENTIFY THE PRODUCTS DEMAND WHICH MATCHES THE MARKET. -THEN POSITION THE CARREFOUR RETAIL OUTLETS. 2. Should Carrefour adopt Wal-Mart’s strategy of "low prices everyday"? What would be the advantage or disadvantage of such a strategy? [NO CARREFOUR SHOULD NOT FOLLOW BLINDLY THE WAL-MART. ADVANTAGES -it
Premium Marketing Supply and demand Shopping mall
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
Premium Strategic management Russia Time
Background& History Carrefour is a French multinational retailer whose headquarter is located in France. Due to successful store models‚ it has become one of the largest supermarket chains in the world (Carrefour Group‚ 2012) and considered to be the second largest retail group after Wal-Mart (Member of Deloitte Touche Tohmatsu Limited‚ 2013). Carrefour operates their stores all over the world‚ especially in three major markets: Asian‚ Europe and Latin America (As figure 1 shown). Alexandre (2000)
Premium Retailing Carrefour
GENERAL o DEMOGRAPHIC • Carrefour operates in 29 countries around the world. World population is rising‚ geographic distribution of populations is shifting‚ world population is aging rapidly‚ ethnic mixes in developed countries are changing rapidly‚ and average household incomes are increasing. • The demographic environment presents both opportunities and threats for Carrefour. Increases in population size and household incomes help to expand the market in which Carrefour operates. However‚ changes
Premium Retailing Carrefour
CARREFOUR CHINA‚ BUILDING A GREENER STORE Edizcan İkizoğlu Ertuğrul Ozan Özbahar Sırma Karakaya IE457|Case 2 Report Bilkent University November‚ 2013 I.SUMMARY In 1995‚ Carrefour entered China‚ with its first store opening in Beijing. By June 2006 the company was operating 73 hypermarkets in 29 Chinese cities and it was the number one foreign retailer in China having the fastest growing rate among its competitors [1]. The company planned to open 100 new stores in 2006-07 because the
Premium Olympic Games Summer Olympic Games 2008 Summer Olympics
CASE STUDY CARREFOUR IN ASIA MANAGERIAL FINANCE (FIN 745) EXTERNAL ENVIRONMENT 1. GENERAL 1.1. DEMOGRAPHIC Carrefour operates in 29 countries around the world. World population is rising‚ geographic distribution of populations is shifting‚ world population is aging rapidly‚ ethnic mixes in developed countries are changing rapidly‚ and average household incomes are increasing. The demographic environment presents both opportunities and threats for Carrefour. Increases in
Premium Retailing Carrefour Wal-Mart
EXTERNAL ENVIRONMENT • Demographic: | |China |Japan |Malaysia | |Carrefour |29 |84‚000 |50 | |Metro |22 |46‚900 |45 | |Ito-Yokado |12 |27‚238
Premium Retailing Carrefour Hypermarket
Page # History of Carrefour 3 Contingent Factors 4 Social Responsibility 8 Culture 9 Ethics & Corporate Governance 10 Organizational Structure 11 Effectiveness 13 History of Carrefour (Convenience Stores‚ Supermarket‚ Hypermarket) Carrefour means “crossroad” in French‚ the implication of Carrefour is that people could find Carrefour stores very easily and conveniently. Carrefour logo with its blue‚ red
Premium Management Strategic management Marketing
Carrefour FIN4812 International Finance Case Analysis CARREFOUR S.A This report is created with a discussion over several important international finance topics for instance‚ interest-rate parity‚ currency risk management‚ regarding description on Carrefour S.A. financing policies as well as hedging strategy. Additionally‚ we also discussed on which currency Carrefour should issue its 10-year‚ 750 million euro‚ annual coupon bond‚ its foreign currency risk exposure and a possible hedging
Premium United States dollar Currency Bond
Carrefour Carrefour is the second largest and more successful hypermarket company in the world behind Wal-Mart. In Europe is the hypermarket with more revenues and sales. Carrefour has presence in 30 countries around the world and owns 12.028 stores worldwide (Carrefour‚ 2006). Carrefour founded the idea of retail-shop which means food- retailers and contains supermarkets‚ hypermarkets‚ hard discount‚ convenience stores‚ cash and carry‚ and e-commerce. Carrefour was created in 1959 by the Fournier
Premium Carrefour Wal-Mart Hypermarket