{
  "schemaVersion": 1,
  "organisationId": "O-a6c27ccaf15f459d8a26ea9ca776ff22",
  "slug": "carrefour",
  "name": "CARREFOUR",
  "updatedAt": "2026-03-20T03:27:16.896251Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "Carrefour is a French multinational food retailer founded in 1959, operating a multiformat, omnichannel retail model centered on grocery and everyday consumer needs.[https://www.carrefour.com/en/group/history][P-c63c33dfc3e84bf5b4e0d48c68c307c2] Its core formats include hypermarkets, supermarkets, convenience stores, cash & carry and club-format stores, complemented by e-commerce; the group also offers related services and uses this broad format mix to serve different shopping occasions and customer types.[P-b3e58b7cdb384e3088c5ba5d38f85cb4] Carrefour’s business is defined mainly by Europe and Latin America: it operates directly in France, Spain, Italy, Belgium, Poland, Romania, Brazil and Argentina, while working with local partners in other regions to extend the Carrefour banner internationally.[P-eb9c05d1c0394dc68e10abf0b5229021]\n\nThe company states that its mission is to provide customers with quality services, products and food that are accessible to all across all distribution channels, with the ambition of leading the “food transition for all.”[P-0f865875fef34cde804c4cdd52b13538] Carrefour is one of the world’s leading food retailers, with 15,244 stores and e-commerce sites worldwide and a presence in over 40 countries.[P-c63c33dfc3e84bf5b4e0d48c68c307c2][P-eb9c05d1c0394dc68e10abf0b5229021][P-0025c8a495654cf4a9a32fcc17f9ea27] In 2024, the group employed 324,750 people worldwide and reported gross sales of €94,550 million, underscoring its scale as one of the largest private-sector employers and retail operators in several of its markets.[P-9251c7f483504355a3bea3ad6802903f][P-57c83a090b0d4fc2bd9336c988fa693f]\n[P-c63c33dfc3e84bf5b4e0d48c68c307c2][P-b3e58b7cdb384e3088c5ba5d38f85cb4][P-eb9c05d1c0394dc68e10abf0b5229021][P-0f865875fef34cde804c4cdd52b13538][P-0025c8a495654cf4a9a32fcc17f9ea27][P-9251c7f483504355a3bea3ad6802903f][P-57c83a090b0d4fc2bd9336c988fa693f][https://www.carrefour.com/en/group/history]",
      "updatedAt": "2026-03-20T03:27:16.896251Z"
    },
    {
      "type": "PRODUCTS",
      "text": "Carrefour’s product offering is centered on a large own-brand portfolio that spans everyday grocery, organic, premium-regional and plant-based ranges. The group’s four flagship own-brand lines are Carrefour Bio, Reflets de France, Carrefour Quality Lines and Carrefour Sensation Végétal, and Carrefour says own brands represented 37% of group net sales in 2024. [P-689c814a46f04ecf9a6ebe9741e860ef] Reflets de France is positioned around traditional French food products and includes more than 600 product listings sold in more than 30 countries. [P-d544da0ee2e346898ad70bf1c761a888] Carrefour Sensation, formerly Carrefour Veggie, is a 100% vegetarian range; in 2024 it covered 150 vegetarian product references in Europe. [P-20f31dc68e68494abad9066cd163f347] The report also states that Carrefour had 10,672 own-brand products at the end of 2023, including 1,263 organic products and more than 1,100 Carrefour Bio items. [P-3719cb1377d740bfb2b8fd908ddc3286]\n\nCarrefour also emphasizes product reformulation and quality attributes within its private-label assortment. It says it is improving the nutritional profile of own-brand products and had removed 1,336 tonnes of sugar and 252 tonnes of salt from Carrefour-brand products since 2022. [P-23be619528e4422a8b695ef5b2f41807] In non-food, Carrefour sells textile products under the Carrefour TEX brand; the company says TEX uses a responsible sourcing policy for sensitive raw materials such as cotton, wool and viscose, with the aim of reducing environmental impact while supporting fair pay and compliance with social and environmental standards. [P-6b3230f218d94cf1bccb9c5ed795f0a9]\n\nIts service offering is built around omnichannel shopping and adjacent consumer services. Carrefour offers Drive pickup, click-and-collect, home delivery and express delivery, including Carrefour Livré Chez Vous and Carrefour Livraison Express in France; in 2024 the group operated 3,238 Drives worldwide and reported €5.9 billion in e-commerce GMV. [P-097464cffa79451aa8722629faabce21][P-b43151892cf04724b99303ab8a0d6058][P-bb063e67384e4f0e9193a73620b75a56] For non-food e-commerce, customers can browse online offers and choose home delivery or in-store collection, with add-on services such as instalment payments and warranty extensions; Carrefour also distributes through marketplaces including Mercado Livre in Brazil and Rakuten in France. [P-2d24d9d7e9cb4d7ba5caf70bdc9f6e62] Its digital customer tools include the Mi Carrefour app in Spain, with simplified checkout and coupon management, and a French app feature called Price Checker that lets shoppers scan products in store to see prices. [P-5709b559042f4128b9f0a721749299b9] Carrefour also offers financial services including Carrefour-branded payment cards, revolving and instalment credit, savings products, insurance-linked offers tied to Carrefour loyalty programs, and MoneyGram transfer counters in stores. [P-6d2851a218874f5e89de3a42ccb6cf9d][P-fa87044d01634a9bbd2b5da1da38fe53][P-211862606df040ed8918f34ac3dc7ca1]\n[P-689c814a46f04ecf9a6ebe9741e860ef][P-d544da0ee2e346898ad70bf1c761a888][P-20f31dc68e68494abad9066cd163f347][P-3719cb1377d740bfb2b8fd908ddc3286][P-23be619528e4422a8b695ef5b2f41807][P-6b3230f218d94cf1bccb9c5ed795f0a9][P-097464cffa79451aa8722629faabce21][P-b43151892cf04724b99303ab8a0d6058][P-bb063e67384e4f0e9193a73620b75a56][P-2d24d9d7e9cb4d7ba5caf70bdc9f6e62][P-5709b559042f4128b9f0a721749299b9][P-6d2851a218874f5e89de3a42ccb6cf9d][P-fa87044d01634a9bbd2b5da1da38fe53][P-211862606df040ed8918f34ac3dc7ca1]",
      "updatedAt": "2026-03-20T03:27:16.896251Z"
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    {
      "type": "GEOGRAPHY",
      "text": "Carrefour operates directly in eight countries: France, Spain, Italy, Belgium, Romania, Poland, Brazil and Argentina, and it also works with local partners in parts of Asia, the Middle East and Africa. France, Spain and Brazil together account for 81% of the group’s consolidated gross sales, underscoring the concentration of its business in Western Europe and Latin America [P-31e8fea6d328466080d2d84959dbdc31].\n\nIn 2024, Carrefour’s net sales were split between France (€39.5 billion, 45.2% of total), Europe excluding France (€23.6 billion, 26.9%), and Latin America (€22.3 billion, 27.9%) [P-0172eeccddaa4d08a9de92fbff6632fe][T-1a6e90eacafa4166a99f2be3cfbfdd42]. Country-level net sales were €39.5 billion in France, €18.8 billion in Brazil, €10.8 billion in Spain, €4.2 billion in Belgium, €3.7 billion in Italy, €3.5 billion in Argentina, €2.8 billion in Romania, and €2.1 billion in Poland, showing France and Brazil as the two largest national markets [P-94ba43ddae8b485c82d8f03bd581b2cb].\n\nCarrefour had 15,244 stores worldwide at the end of 2024, with large concentrations in France (6,261 stores), Spain (1,533), Italy (1,185), Poland (783), Brazil (772), Belgium (713) and Argentina (679) [P-2d03b2fd15ae4c75a1bfb749a5b98b56]. The group employed 324,750 people across its eight operating countries, with the largest workforces in Brazil (126,606), France (92,898) and Spain (45,605) [P-e1b48098ff144407947664773d953076][P-3bff31019bd742beb136d56cda1c3203]. Carrefour’s head office is in Massy, France [P-b5a415d2e3f64e9eaab70b88ea8c2007][P-d80bfdeadaec4fe4bcafa6c4ca7a43fc].\n[P-31e8fea6d328466080d2d84959dbdc31][P-0172eeccddaa4d08a9de92fbff6632fe][T-1a6e90eacafa4166a99f2be3cfbfdd42][P-94ba43ddae8b485c82d8f03bd581b2cb][P-2d03b2fd15ae4c75a1bfb749a5b98b56][P-e1b48098ff144407947664773d953076][P-3bff31019bd742beb136d56cda1c3203][P-b5a415d2e3f64e9eaab70b88ea8c2007][P-d80bfdeadaec4fe4bcafa6c4ca7a43fc]",
      "updatedAt": "2026-03-20T03:27:16.896251Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Carrefour reports its operating segments primarily on a geographic basis under IFRS 8. The underlying operating segments are the individual countries in which it operates through its integrated store network, and these are aggregated into three reportable geographic segments: France; Europe (excluding France), comprising Spain, Italy, Belgium, Poland and Romania; and Latin America, comprising Brazil and Argentina. In addition, Carrefour discloses “Global functions” for certain support entities whose income and expenses are either allocated to countries based on services provided or left unallocated. [P-276d2a1531f0499f8676f29956e0f3c4][P-6767d68e7305434684320588c5c5b02f][P-38226e8ae5814b2ea8713b0ec2d23ece][P-457d9d36b1994cc590fe2cc53295f23d][P-5aca1befbaeb4c8b836dbd365cefa7de][P-82160c216ba24cf0909f3b7b3caa6edf]\n\nBased on FY2024 net sales, France was Carrefour’s largest segment at about 46% of group sales (€39.5bn of €85.4bn), followed by Europe at about 28% (€23.6bn) and Latin America at about 26% (€22.3bn); Global functions did not contribute net sales. The same geographic mix was broadly similar in FY2023. Carrefour discusses activities such as e-commerce and financial services elsewhere in its disclosures, but these are not presented as separate IFRS 8 reportable segments; financial services instead appears as a secondary business within the consolidated accounts, while e-commerce is described as a channel or service offering within the retail business. [T-ff4d40f4d06645a3a52615518f7d7a01][T-5d7b21b635644a5da013cada6551fa53][P-1e625bd7d8f84a9eb010792e5c10dca8][P-06f568b1008846adb8aa82d87de9eab8][P-a776ec8637ea4117a5d7367678e5b778]\n[P-276d2a1531f0499f8676f29956e0f3c4][P-6767d68e7305434684320588c5c5b02f][P-38226e8ae5814b2ea8713b0ec2d23ece][P-457d9d36b1994cc590fe2cc53295f23d][P-5aca1befbaeb4c8b836dbd365cefa7de][P-82160c216ba24cf0909f3b7b3caa6edf][T-ff4d40f4d06645a3a52615518f7d7a01][T-5d7b21b635644a5da013cada6551fa53][P-1e625bd7d8f84a9eb010792e5c10dca8][P-06f568b1008846adb8aa82d87de9eab8][P-a776ec8637ea4117a5d7367678e5b778]",
      "updatedAt": "2026-03-20T03:27:16.896251Z"
    },
    {
      "type": "HISTORY",
      "text": "Carrefour traces its origins to 1959, when Marcel Fournier and the Badin-Defforey family created Carrefour Supermarchés.[P-3731798dba734caf8b744a24423688e6] The first Carrefour supermarket opened in Annecy in 1960, and in 1963 the company opened France’s first hypermarket in Sainte-Geneviève-des-Bois, a milestone that helped define its early growth model.[https://www.carrefour.com/en/group/history][P-70f4116e326c4fb89a5cbe17724205b8]\n\nCarrefour listed on the Paris Stock Exchange in 1970 to finance its expansion.[P-ea30ef6751004418bc2feb4fbfaf9f33] It then began building an international presence, opening its first stores in Spain in 1973 and in Brazil in 1975.[P-1513b40faf2c4867a22ff9945a700416] In 1976, it introduced the \"produits libres\" range, an early own-brand retail concept, and through the 1980s and 1990s it expanded into additional markets including Argentina, Taiwan, Italy, China and Poland.[P-9689e51b8e19410bab6d10d2d071611a][P-aa3cb7669db94a388f73dc577ebbc39f][P-ed11be9b64f3406f9ee296e7fe1152f0][P-f24a178877f04dc6b007f3d31f4522da]\n\nA major turning point came in 1998 with the acquisition of Comptoirs Modernes, followed by Carrefour’s friendly tender offer for Promodès in 1999; the merger was approved in 2000 and created the world’s second-largest retailer at the time.[P-7ce3dfeedf384d8ab07c3d1bf842394d][P-06ba94ec313a46fa88ddfef7fa33cf56][P-cb96ba0d352d49cf9bbbd551df96db2d] In the following years Carrefour continued to expand through controlled growth and acquisitions across several countries, including Brazil, Spain, Italy, Belgium, Poland, Romania and Argentina, and in 2014 it added the Dia network in France.[P-4c97c7432694479bb2cb85f375f13ac2][P-0d6ca5f7c22a426ea9c4d4d9889788c5]\n[P-3731798dba734caf8b744a24423688e6][P-70f4116e326c4fb89a5cbe17724205b8][P-ea30ef6751004418bc2feb4fbfaf9f33][P-1513b40faf2c4867a22ff9945a700416][P-9689e51b8e19410bab6d10d2d071611a][P-aa3cb7669db94a388f73dc577ebbc39f][P-ed11be9b64f3406f9ee296e7fe1152f0][P-f24a178877f04dc6b007f3d31f4522da][P-7ce3dfeedf384d8ab07c3d1bf842394d][P-06ba94ec313a46fa88ddfef7fa33cf56][P-cb96ba0d352d49cf9bbbd551df96db2d][P-4c97c7432694479bb2cb85f375f13ac2][P-0d6ca5f7c22a426ea9c4d4d9889788c5][https://www.carrefour.com/en/group/history]",
      "updatedAt": "2026-03-20T03:27:16.896251Z"
    }
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